UK-based HY Markets has boosted its stock menu for trading, with the list now comprising shares in nearly 100 companies from leading business destinations like the United States, the United Kingdom and Hong Kong.
In July 2014, the list of shares offered for trading by the broker included stock in 12 major US companies including Bank of America, Coca Cola, IBM, and Apple. Since then, however, the list has rapidly ballooned and today HY Markets boasts a range of shares in 97 companies, listed not only on the NYSE exchange but also on exchanges in the UK and Hong Kong.
The menu of UK shares includes stock in energy majors like BP and Royal Dutch Shell, along with healthcare experts AstraZeneca and GSK. As one might expect, the list features stock in financial giants like Lloyds and Barclays. The total of UK-listed shares now covers 24 companies.
The Hong Kong additions comprise 14 companies, with the names of Tencent and Hutchison Whampoa certain to grab some attention.
The raft of US shares is also longer and now comprises stock in 59 companies which include social media giants Linkedin and Facebook, with Alibaba in the pipeline.
Clients of HY Markets can trade this variety of shares on HY Webtrader and on the HY MT4 desktop platform. Both platforms allow trading with other assets too, so that traders don’t have to switch amid screens and platforms. But while traders may test their skills with shares, currency pairs, indices and commodities, uncertainty remains over the fate of the binary options service of the broker. Over the past several months, the website of HY Binary Options has displayed only a blunt “Coming soon” sign.
Meanwhile, stockbroking has been on the agenda of other UK brokerages too. Earlier today compatriot retail online trading firm IG Group announced the launch of a proprietary trading platform for stock, enabling individuals to make use of the latest trading technology and transparent pricing mechanisms.