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X Open Hub introduces 8 new asset classes

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

X Open Hub’s new software release includes rollover charting and information updates, as well as 8 new spot FX pairs

trading

X Open Hub has today announced that it has added 8 new instruments to its platform, as the drive toward offering as many asset classes as possible continues among retail FX brokerages.

The new asset classes are FX pairs, as follows

-EUR/ZAR

-GBP/ZAR

-EUR/MXN

-GBP/MXN

-EUR/CNH

-USD/CNH

-EUR/RUB

-USD/RUB

X Open Hub’s perspective on this is that whether a broker is looking to broaden its product offering to its customers or improve its liquidity pool, X Open Hub provides access to over 4500 instruments through one trading account, FIX, or API. For current partners, the new instruments will be added automatically.

In terms of technology, X Open Hub has made further developments with the release of the 2.29.2 version of its web and desktop platforms.

These advancements come in the form of charts, instrument information and open positions and history, all relating to rollover of trades.

Regarding rollover charts, X Open Hub stated “We added indication on charts presenting three previous and one upcoming rollover. The option can be enabled/disabled in the “Visible layers” menu. Impending rollover will be visible seven days before the actual date.”

As far as rollover information for open positions and trading history are concerned, X Open Hub stated today “In open positions, we added the “R” mark showing the next rollover date. Additionally, when a new rollover occurs, it will be no longer included in the Swap column but in the the Rollover column. Rollover booking has a 0 net cost to your open positions. You will also see rollover booking in the History tab. Calculation in the Rollover column appears only for new rollovers. Previous stay in Swap column. These options help traders to understand their current situation and mitigate misunderstandings associated with rollovers and swaps.”

X Open Hub has confirmed that the updated version 2.29.2 of its platform is live as of today.

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