Multi-asset prime broker Invast Global has just announced that it has expanded its suite of Index & Commodity CFDs by releasing two new Cash Oil CFDs:
- Brent Crude Oil (Cash) and
- WTI Crude Oil (Cash),
as well as 6 new Equity Index CFDs:
- Japan 225 (USD settled),
- US 2000,
- Netherlands 25,
- Swiss 20,
- India 50 and the
- Taiwan Index.
Cash Oil CFDs – screenshot taken at 05:00AM GMT on 12th December 2019
Average spreads over the past 2 weeks have been very consistent, with WTI Crude Oil (WTC/USD) at USD 0.016 and Brent Crude Oil (BRC/USD) at USD 0.017.
Invast Global has been growing quickly in 2019 with multiple new offerings across a range of asset classes this year, with more product releases scheduled for 2020. According to Invast Global, the expansion of their offering highlights a shift they have seen from their global broker client base.
James Alexander
James Alexander, Chief Commercial Officer, commented on the new launch:
It is no secret that FX volumes have been impacted significantly across the industry this year. As a result, we are seeing enormous demand for access to new products and asset classes from our broker clients, to diversify their revenue and have an edge over their competitors.
Invast Global – Index and Commodity CFDs include:
- Australia 200
- CHINA A50
- China H-Shares
- Euro 50
- France 40
- Germany 30
- Hong Kong 50
- India 50
- Japan 225 (JPY settled)
- Japan 225 (USD settled)
- Netherlands 25
- Singapore 30
- Swiss 20
- Taiwan
- UK 100
- US 100
- US 2000
- US 30
- US 500
- US Crude Oil – Cash
- Brent Crude Oil – Cash
- US Crude Oil – Rolling Futures
- Brent Crude Oil – Rolling Futures
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