Swissquote launches vanilla FX options on its Advanced Trader platform

The new Forex Options are suitable for traders who want to diversify and hedge their trading risk in currencies, or for those who apply multi-legged strategies to benefit from as many market trends as possible

Swissquote, Switzerland’s leading online bank, is launching Vanilla FX Options on its Advanced Trader platform.

The Forex Options are European-style call and put options, which enable an even more precise and individual trading strategy.

Back in 2010 Swissquote launched its state-of-the-art Advanced Trader platform to provide clients with the full benefits of the Swissquote trading environment.

With the new Forex Options, the company now offers its customers more opportunities for foreign exchange trading, enabling traders to diversify and optimize their Forex strategies.

Forex Options – Tailored to your individual trading strategy

The new Forex Options are suitable for traders who want to diversify and hedge their trading risk in currencies, or for those who apply multi-legged strategies to benefit from as many market trends as possible (Bull, Bear & Range).

The new options are available for 45 currency pairs and come with the greatest precision:

Strike price: the strike price is determined to the fourth decimal place.

Tailored term: The date of expiry can be set to a single day up to one year.

In contrast to many conventional providers, which usually offer only weekly, monthly or annual expiration dates to choose from.

Read this next

blockdag

BlockDAG Redefines Crypto Mining as Presale Tops $18.5M, Outshining Ethereum ETF & Dogecoin Dynamics

The recent approval of the first Ethereum ETF in Hong Kong underscores a significant advancement in the cryptocurrency’s mainstream acceptance. While Ethereum continues to attract institutional attention, the Dogecoin price prediction suggests a possible resurgence, despite its current undervaluation from past highs.

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from Blockchain.com. This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

<