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26 Degrees innovates by offering “CFD Pairs” for brokers

Posted on by angelo
26 Degrees innovates by offering “CFD Pairs” for brokers

In an industry where innovation can be a challenge, 26 Degrees Global Markets (formerly Invast Global) has launched Pairs CFDs, which allow trading index against index, commodity against commodity or stock against stock, much like currency pairs.

The company announced the product today (Tuesday), saying it is unique and that 26 Degrees is the first to offer it. While the concept of pairs CFDs has been around for some time, companies are only just starting to offer such products.

“No one else in the world currently offers what we have developed,” said Gavin White, CEO of Invast Global Group. “Our incredibly talented team has developed the technology that allows brokers to potentially offer their clients hundreds of new and unique pairs, traded in a single position.”

Developed in-house by 26 Degrees, the new products will be offered exclusively to broker-dealers, who will then be able to market them to retail traders. The company launched the product with 20 CFD pairs and plans to add new instruments in response to customer feedback.

Examples of 26 degree CFD pairs

26 Degrees will provide the instrument via API from its trading servers in LD4, NY4 and TY3.

“The initial discussions we have had with some of our key broker clients have been extremely positive and have provided us with a lot of valuable insight,” added Riana Chaili, CEO of 26 Degrees EMEA. “In particular, the ability for brokers to request new bespoke pairs and, within a short space of time, be able to show their clients a price in a single instrument has been well received and has highlighted the sophistication and effectiveness of the product design.”

Advantages over traditional instruments

The company explained the benefits of CFD Pairs, saying that these new products offer a simpler and more efficient trading experience than traditional instruments. These products offer traders a unique ratio of the prices of the two instruments, which move in line with the price movements of the two separate legs, allowing them to manage risk with a single transaction instead of opening two separate positions.

These CFD pairs can be constructed to enhance or reduce volatility, depending on the correlation of the instruments. Additionally, according to the company, these products offer better margin efficiency than if they were traded separately with two positions.

“We believe this represents a significant opportunity for brokers to offer a tailored range of highly relevant Pairs instruments to their clients and differentiate themselves from their competitors,” White added.

In an industry where innovation can be a challenge, 26 Degrees Global Markets (formerly Invast Global) has launched Pairs CFDs, which allow trading index against index, commodity against commodity or stock against stock, much like currency pairs.

The company announced the product today (Tuesday), saying it is unique and that 26 Degrees is the first to offer it. While the concept of pairs CFDs has been around for some time, companies are only just starting to offer such products.

“No one else in the world currently offers what we have developed,” said Gavin White, CEO of Invast Global Group. “Our incredibly talented team has developed the technology that allows brokers to potentially offer their clients hundreds of new and unique pairs, traded in a single position.”

Developed in-house by 26 Degrees, the new products will be offered exclusively to broker-dealers, who will then be able to market them to retail traders. The company launched the product with 20 CFD pairs and plans to add new instruments in response to customer feedback.

Examples of 26 degree CFD pairs

26 Degrees will provide the instrument via API from its trading servers in LD4, NY4 and TY3.

“The initial discussions we have had with some of our key broker clients have been extremely positive and have provided us with a lot of valuable insight,” added Riana Chaili, CEO of 26 Degrees EMEA. “In particular, the ability for brokers to request new bespoke pairs and, within a short space of time, be able to show their clients a price in a single instrument has been well received and has highlighted the sophistication and effectiveness of the product design.”

Advantages over traditional instruments

The company explained the benefits of CFD Pairs, saying that these new products offer a simpler and more efficient trading experience than traditional instruments. These products offer traders a unique ratio of the prices of the two instruments, which move in line with the price movements of the two separate legs, allowing them to manage risk with a single transaction instead of opening two separate positions.

These CFD pairs can be constructed to enhance or reduce volatility, depending on the correlation of the instruments. Additionally, according to the company, these products offer better margin efficiency than if they were traded separately with two positions.

“We believe this represents a significant opportunity for brokers to offer a tailored range of highly relevant Pairs instruments to their clients and differentiate themselves from their competitors,” White added.