FxPro introduces new financial products for trading

   

Just received the following today:

Dear Client,

As part of our commitment in providing you with a wide range of financial products to trade, we are delighted to announce that as of 1 November 2010 four additional financial products will be available for trading through our platform, namely:

   1. USDTRY
   2. EURTRY
   3. GOLDEURO
   4. SILVEREURO

“We believe that these additional financial products will enable our existing and prospective clients to diversify their trading activities even further and therefore meet their investment objectives” says Panayiotis Xydas, Chief Executive Officer of FxPro. 

It is a fact that the popularity of both USDTRY and EURTRY has increased as more financial transactions are done between Europe and US with Turkey; the increase of these financial transactions with Turkey resulted in an increase in the underlying liquidity of these currency pairs. USDTRY and EURTRY will expand our emerging market currency pair offering. This will allow our clients to increase their access to the Eurasia region.

Trading in GOLDEURO and SILVEREURO will provide an alternative to clients that wish to trade metals but at the same time minimise their exposure in USD which is the primary currency against all metals. With the current financial crisis EUR has also gained in popularity.

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