LONDON, Oct. 26, 2015 (GLOBE NEWSWIRE) -- FXCM Inc.
(NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, today announced that is has upgraded its Index CFD and Spread Bet market making technology which enhances its index trading offering.
FXCM has implemented a new high frequency market making technology on its backend system for indices. As a result FXCM will be able to manage index order flow and positions, prices and risk with greater accuracy and more efficiently. As an example FXCM will have the option to take those clients who scalp aggressively, trade news events and use automated strategies and instantaneously hedge these positions with the futures market.
Advantages to FXCM clients include:
- No Stop and Limit Trading Restrictions on Most Indices: Place stops, limits and entry orders without any minimum distance restrictions.
- Lower Spreads: Lower spreads on popular indexes like the US30 at 2 pips.
- No Re-quotes: Trade index CFD and Spread Bets with fast and efficient trade execution without expensive re-quotes.
"The new offering provides all traders, especially scalpers and news traders, with their ideal trading environment for indices," said Drew Niv, CEO of FXCM. "This will provide the most unique Index trading offering in the industry and immediately benefit clients."
Trading Indexes offers access to a range of markets where clients can diversify their trading strategies across uncorrelated instruments to currencies as well as taking advantage of global market opportunities. Popular Stock Indices include GER30, US30, AUS200 and US30.
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading provider of online foreign exchange (forex) trading, CFD trading, spread betting and related services. Our mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.
Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.