GFT Now Offering FX OptionsBy FXstreet.com
GFT, a worldwide leader in online currency trading, spread betting and Contracts for Differences (CFDs), now offers European traders the opportunity to trade FX options using the DealBook® trading platform. GFT’s FX options offering allows traders to speculate on ten of our most popular currency pairs, seek profit in rising or falling markets, gauge the riskiness of a possible option while potentially protecting earnings, and hedge new or existing positions.
An option is a contract between a buyer and seller for the right to buy or sell an underlying financial product at a specific price on a particular date. With FX options, the underlying product is a currency pair.
GFT now offers CFDs and Spread Betting Binaries
by Forex Magnates
In another sign that binary option trading is one of the more interesting products out there GFT, one of world’s largest forex brokers, now announced that it will start offering CFDs and spread betting binaries. GFT is now the second major forex broker to start offering binary trading after Saxo Bank has introduced its Touch Options back in August. Just like Saxo Bank GFT here is using its own technology and not third party’s.
Interestingly enough, Forex Magnates extensively reviews both these topics: binary options and forex brokers expanding into other products and markets in its Q3 Retail Forex Industry Report which will become available this week.