CMC Markets launches TWI-based CFD currency indexes
"The indexes will allow clients to take a view on the economic performance of a particular country or region. CFD currency indexes are a much simpler way to trade a single instrument compared to taking a number of different positions across multiple currency pairs," said Paul Jackson, senior dealer at the company in London.
The indexes, to be launched on April 9, will be available in USD, EUR, JPY, GBP, CHF, AUD, NZD, CAD, NOK and SEK. Each index will be balanced against a basket of currencies
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