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.
The total number of countries where CFD products are available has now grown to 44, of which nine are exclusive to Global Trader - Thailand, Malaysia, Indonesia, Korea, Taiwan, Bulgaria, Czech, 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."
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