Saxo launches commodity CFDs
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Foreign Exchange

Saxo launches commodity CFDs

Saxo Bank has expanded its product line by offering commodity contracts-for-difference (CFDs). “2008 saw massive growth in the market for energy, metals and agricultural futures, and we are currently in the midst of another commodities rally as investors continue their flight from equities to investments that traditionally hold their value, such as gold and oil. Saxo Bank believes this trend is likely to continue through 2009 and we want investors to benefit from this rally. Therefore, we have launched commodity CFDs to allow traders and investors to take advantage of the potential we see in this market,” says Alan Plaugmann, the bank’s head of futures and fixed income.

Gift this article