Global Trader, the emerging markets specialist in Contracts for Differences (CFDs), has launched a t...
Global Trader, the emerging markets specialist in Contracts for Differences (CFDs), has launched a trading service offering CFDs on Hungarian and Turkish stocks for emerging market funds and professional retail investors.
Global Trader says it is the first financial spread trading company to provide entry for CFD traders into Turkey and Hungary. CFD products are now available in 44 countries, nine of which are exclusive to Global Trader, according to the company. These are Thailand, Malaysia, Indonesia, Korea, Taiwan, Bulgaria, the Czech Republic, Hungary and Turkey.
Fleur Gremmen, Global Trader's chief executive officer, said: "Turkey and Hungary are extremely interesting markets. Hungary has recently joined the EU and Turkey has long been lobbying to be considered.
"As a result, smaller hedge funds are starting to look at these markets in more detail and it is in response to requests from these hedge funds that we have opened up these markets to trading."
Founded in 2000, Global Trader spans Europe through its office and operational headquarters in the UK, across Southern Africa, North America from its Canadian office and Asia from its base in Thailand.
The company conducts more than 600,000 trades a year for clients in 30 countries.
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