We Have Reduced Spreads For 2 Indices!

Phillip CFD has good news as the New Year begins! It has tightened its target spreads for the FTSE China A50 Index USD1 CFD from 20 to 12 bids; and the Hong Kong Index HKD5 CFD from 14 to 8 bids. With the reduced spreads, investors benefit more as they need not wait for the market to move as much before they can make any profit.

As leading international financial centres, China and Hong Kong have vibrant and exciting markets which offer many opportunities for investors. Investors who are unfamiliar with individual stocks would be able to trade easily with either the FTSE China A50 Index USD1 CFD or the Hong Kong Index HKD5 CFD as both are Contracts For Difference (CFD) with underlying indices that track the performance of the largest 50 A-Share companies in China and the largest 40 companies in Hong Kong respectively. In other words, investors are able to diversify their portfolio in a cost-effective manner and even participate in the A-Share market, which would be usually unavailable to foreigners. In addition, investors who are already invested in individual stocks listed on the Hong Kong Stock Exchange may want to consider trading the Hong Kong Index HKD5 CFD to hedge against their current portfolio.

Clients are able to trade both the abovementioned indices and other World Indices CFD via the Phillip Securities’ POEMS platform, CFDTrader 2 and also through POEMS Mobile.

For more information on the list of World Indices available for trading through Phillip Securities, do register for seminars through our Education page or visit www.phillipcfd.com.