XM Launches MT5 with CFDs on Single Stocks
(Thomson Reuters ONE) -
LONDON, March 06, 2017 (GLOBE NEWSWIRE) -- XM Group (Trading Point Group), a
leading FX and CFD Broker, today has officially announced the launch of the MT5
platform with offerings of over 300 CFDs on Single Stocks.
Today, 6th of March, XM Group (Trading Point Group) has officially announced
that it has successfully launched the MT5 platform, after a series of testing
phases which have made sure the additional platform is seamlessly connected to
all existing systems.
The addition will enable the company to extend its offerings to 6 Asset Classes
including CFDs on Single Stocks (Shares) in addition to the existing offerings
which include FX, CFDs on Indices, Metals and Energies.
Chris Zacharia, Marketing Director of the Group commented:
"This day is one of those milestone events, which don't happen to companies
every day.
"It is something we have been patiently expecting for a long time, and I truly
believe it will be a game changer for XM, which is taking its first steps in
extending its range of instruments to the Stocks sphere.
"XM is currently the biggest MT4 broker* with over 20 MT4 servers available and
with over 1,000,000 clients, but with the addition of the MT5 to our platform
offerings we are automatically entering into offering a new asset class which up
to now was not possible for us, that of CFDs on Single Stocks.
"Our plan is to extend our instrument offerings to up to 5000 CFDs on single
stocks from companies all across the world listed on various stock exchanges
including but not limited to NYSE, Nasdaq, LSE, Frankfurt Stock Exchange to name
a few.
"The current launch phase, which is officially being announced today, includes a
total of 300 instruments and we will populate with more and more offerings as
time goes by.
"As noted by myself in a previous interview, I feel the predecessor of MT5, the
globally acknowledged MT4, is a great platform and has proved itself, but it
could only satisfy the needs of a certain audience and that would be FX traders,
while MT5 is open to a whole new audience in addition to FX traders.
"Only judging from the audience it will serve as a multi asset class platform, I
would say it's the platform of choice as we speak.
"It's simply a new era."
About XM Group
XM, the official trading partner of the Fastest Man in the World "Usain Bolt,"
is an award-winning Forex and CFD Broker serving over 1,000,000 clients.
XM is a brand name of Trading Point Holdings Ltd which wholly owns Trading Point
of Financial Instruments UK Ltd (XM UK), Trading Point of Financial Instruments
Pty Ltd (XM Australia) and Trading Point of Financial Instruments Ltd (XM
Cyprus).
XM UK is authorized and regulated by the Financial Conduct Authority (Reference
number: 705428), XM Australia is licensed by the Australian Securities and
Investment Commission (Reference number: 443670) and XM Cyprus is regulated by
the Cyprus Securities and Exchange Commission (Reference number: 120/10).
For more information visit -> http://www.xm.com/
Risk Warning
Forex and CFD Trading Involve a significant risk to your invested capital.
Please ensure you fully understand the risks and take care to manage your
exposure.
XM Global Address Book:
UK: Citypoint Building 1 Ropemaker Street EC2Y 9HT London, UK
AUS: Level 13, 167 Macquarie House, Macquarie Street Sydney 2000, NSW, Australia
CY: 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042
Limassol, Cyprus
*Data obtained by Metaquotes Software Corp
For Media Enquiries
Contact Person: Chris Anthony Zacharia - Marketing Director XM Group
Contact Phone: 00 357 25 99 00
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Trading Point of Financial Instruments Ltd via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.03.2017 - 14:11 Uhr
Sprache: Deutsch
News-ID 528358
Anzahl Zeichen: 4587
contact information:
Town:
Limassol
Kategorie:
Business News
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"XM Launches MT5 with CFDs on Single Stocks"
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