Retail broker Juno Markets announced on Friday the extension of its shares contracts for differences (CFDs) offerings with the addition of 10 new stocks of United States-listed companies. The newly added companies’ share CFDs include Pfizer, Starbucks, Zoom and Nike, which are in high demand among retail investors.
The press release shared with Finance Magnates detailed that the broker will receive market pricing quotes of these companies through a direct feed with Nasdaq, which operates one of the largest stock exchanges in the country.
Juno taped Nasdaq’s data services in October last year when it offered the first share CFDs on its trading platform. Additionally, it elaborated that the data feed will ensure ‘every single quote and order at every price level’ for all NYSE and Nasdaq listed shares.
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Asian Traders Are the Target
Commenting on the development, Juno Markets’ Head of Marketing, Rajif Bahl said: “Outside of Hong Kong and Singapore, most individuals in Asia lack knowledge and accessibility to invest in the world’s largest companies. With record interest in US stocks fueled by rising share prices in growth and tech sectors, we want to give clients access to trade household names like Tesla, Google and Facebook.”
Juno Markets is regulated by the Vanuatu Financial Services Commission (VFSC), and its primary business is concentrated within the Asia-Pacific region. The broker offers trading services with a range of asset classes, including forex, metals, stock indices and energy.
The broker has been expanding its services for a while now and launched copy-trading services last year. Furthermore, it is one of the many brokers which are now taking deposits in a few leading cryptocurrencies.