Fortex Adds Single Stock CFD to Its Clients’ Trade Offerings
Redwood Shores, California, September 29, 2019
Fortex Technologies Inc., a leading global provider of institutional FX trading solutions, announced today that it has added Single Stock CFD’s as another asset class to its clients’ trade offerings. Investors and traders of Fortex’ broker-dealer clients now have a unique opportunity to create their own diversified portfolio, investing in Apple, Google (Alphabet), Facebook, Amazon, Telsa, IBM, JP Morgan, Barclays, Alibaba, Baidu and over 50 other large cap “blue-chips” companies around the world. Fortex has enabled this new asset class for its clients on its proprietary trading GUI, XRing FIX trading API, as well as MT4 and MT5 Bridges to MetaTrader.
Multi-asset offerings have been essential for the evolution of the FX and CFD industry for the past few years. With growing demands from customers across the globe, more and more broker-dealers have desires to add equities trading, whether real or CFD-based. Deeply rooted in the U.S. equities market, Fortex’ DNA uniquely positions its system to offer, in addition to the existing Global Indices CFD and Crypto CFD trading, now Single Stock CFD’s to its institutional clients, enabling them to be more competitive in winning market shares.
Single Stock CFD offers traders access to the equities market to invest in some of the largest and most famous companies. It is a good instrument to complement traders’ portfolio by taking profitable opportunities from stock price fluctuations, without buying the actual stocks.
Potential Benefits of Single Stock CFDs:
- Commissions for Stock CFD are lower than those for stock trading
- Traders can open either Long (Buy) or Short (Sell) CFD contracts in individual stocks
- Higher leverage ratio
- Immediate order execution, high liquidity and real-time data from major exchanges
- A great way to hedge other positions and to diversify traders’ portfolio
Fortex offers brokers complete and powerful FX trading technology. Designed for high-frequency and low-latency performance, Fortex is optimized for buy-side and sell-side institutions, which come to us for a best-in-class, independent, neutral, real-time multi-asset trading platform, which now includes Single Stock CFD.
About Fortex Technologies
Founded in 1997, Fortex continues to revolutionize trading with its powerful, neutral, multi-asset trading platform focused on the FX markets. Fortex’s FX suite, ECN, infrastructure hosting and more are used by regional banks, hedge funds, asset managers, broker dealers and professional traders around the world to enhance liquidity access, improve execution workflows, and support sophisticated trading strategies.
Fortex maintains its technology leadership through continuous innovation, bringing together the latest processing, intelligent routing, and execution technologies with a robust, always-on platform. As hosted solutions, Fortex platforms are customized to customers’ specific trading environments and deployed quickly. The company’s unwavering commitment to customer service helps Fortex customers build and sustain their competitive trading advantages in changing markets.