Invast Global Launches New Cash Oil & Index CFDs

Prime of Prime brokerage Invast Global has responded to the high level of demand for access to new products and asset classes this year by adding two new Cash Oil CFDs and six new Equity Index CFDs to its multi-asset product range

Multi-asset prime broker Invast Global is pleased to announce the expansion of their suite of Index & Commodity CFDs by releasing two new Cash Oil CFDs; Brent Crude Oil (Cash) and WTI Crude Oil (Cash) as well as 6 new Equity Index CFDs; Japan 225 (USD settled), US 2000, Netherlands 25, Swiss 20, India 50 and the Taiwan Index.

Average spreads over the past 2 weeks have been very consistent, with WTI Crude Oil (WTC/USD) at USD 0.016 and Brent Crude Oil (BRC/USD) at USD 0.017.

James Alexander

Invast Global has been growing quickly in 2019 with multiple new offerings across a range of asset classes this year, with more product releases scheduled for 2020. According to Invast Global, the expansion of their offering highlights a shift they have seen from their global broker client base.

“It is no secret that FX volumes have been impacted significantly across the industry this year. As a result, we are seeing enormous demand for access to new products and asset classes from our broker clients, to diversify their revenue and have an edge over their competitors.” – James Alexander, Chief Commercial Officer

To find out more about Invast Global’s multi-asset liquidity, please click here.

Featured Image: FinanceFeeds CEO Andrew Saks-McLeod with Invast COO James Alexander at the company’s head office in Sydney, Australia

Read this next

Uncategorized

US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

<