Swissquote takes multi-asset offering further with two new currencies and eight new CFDs

Swissquote Group Holding SA (SWX:SQN) has today announced the addition of two new currency pairs and eight forward CFDs to its already diverse range of trading products.

Swissquote’s decision to offer the offshore Chinese Yuan and additional Russian Ruble cross comes at a time of significant fluctuations for these currencies and is the bank’s response to increasing demand from traders looking to venture off the beaten track. Thus, the EURRUB pair complements Swissquote’s existing USDRUB offer, while the addition of the USDCNH pair is a logical step in the bank’s affirmed strategy to develop its Asian business from its Hong Kong offices.

Ryan Nettles, Swissquote’s Head of eForex Trading and Market Strategy, states:

“This expansion is part of our commitment to providing both retail and institutional clients with one of the richest offers of trading products worldwide. Thanks to our deep liquidity and very competitive trading conditions, traders will be able to diversify their portfolio and take advantage of the unique opportunities presented by these new markets.”

All currencies are tradable from Swissquote’s proprietary platform, Advanced Trader, as well as from the popular MetaTrader 4 & 5, while the Forward CFDs are available on MT4 & MT5 only. Swissquote clients can now access the following new products from their favorite trading platform:

FOREX

– Euro vs Russian Ruble (EURRUB)
– US Dollar vs Chinese Yuan (USDCNH)

Commodities

– Gasoil
– Gasoline
– US Copper

Bonds

– Long Gilt
– US Treasury Bonds

Stock Indices

– Spain 35
– US Small Cap 2000

Featured Photograph: Ryan Nettles and Andrew Saks-McLeod discuss trading instruments at Swissquote’s headquarters in Gland, Switzerland