Bringing you live news and features since 2006 

David Fineberg, CMC Markets

CMC Markets extends cryptocurrency spread bet & CFD offering to retail client base

RELATED TOPICS​

CMC Markets, a provider of online trading, has extended its cryptocurrency spread betting and contracts for difference (CFDs) offer across its retail client base. Clients can now take a position on the original bitcoin and ethereum cryptocurrencies paired against the US dollar.

The latest offering follows CMC Markets’ exclusive launch of cryptocurrency spread bets and CFDs to its professional client base in March.
 
David Fineberg (pictured), Group Commercial Director, says: “Since successfully launching our cryptocurrency offering in March to our professional clients, we have received increasing interest and demand from our retail client base to trade this unique digital asset class. Our clients have expressed an interest in trading on the two more established cryptocurrencies – bitcoin and ethereum – so we are pleased to offer them the opportunity to trade these cryptocurrencies.”
 
“Spread bets and CFDs offer an attractive way to trade cryptocurrencies, giving clients the opportunity to trade on price movements without having to buy the currency outright. Adding cryptocurrencies to our portfolio of financial instruments allows clients to take a position with an established provider where funds can be deposited or withdrawn with ease, and the risks of purchasing cryptocurrencies directly through an exchange can be avoided.  Like all other financial instruments we offer, we always recommend that clients understand the risks and conduct thorough research before trading.”

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by