OANDA Introduces Spreads from 0.5 on Key Indices

OANDA Introduces Spreads from 0.5 on Key Indices
13.02.2018 09:59 am

OANDA Introduces Spreads from 0.5 on Key Indices

Trading Systems

A global leader in online multi-asset trading services, OANDA has introduced a new pricing model for several key indices that enables clients to access spreads as low as 0.5 when they trade the AUS200, FTSE100, GER30, NAS100 and the DOW30. Designed to reduce the cost of trading indices, the new tighter spreads are available to any client trading on the OANDA V20 platform during local market hours. Clients who are currently trading on OANDA’s legacy platform should open a V20 sub account in order to access the tighter spreads:

Index

Spreads as low as

during cash hours

Trading hours in

local market time

AUS 200

0.8

Monday to Friday

17:10 - 7:00, 9:50 to 16:30(daylight savings time)

17:10 - 8:00, 9:50 -16:30

rest of the year

DAX 30

0.9

Monday to Friday

08:00 - 22:00

DOW 30

1.6

Sunday to Friday

18:00 - 17:00 

trading halt 16:15 - 16:30

FTSE 100

0.8

Monday to Friday

01:00 - 21:00

NAS 100

0.5

Sunday to Friday

18:00 - 17:00 

trading halt 16:15 - 16:30

 

“At OANDA, we take pride in helping our clients become successful self-directed traders, whether through enhancements to our institutional-grade trading platform, cutting-edge trading tools, advanced charting solutions or award-winning educational material. Over the course of our 23-year history, we’ve worked hard to meet the needs of our clients, who have increasingly expressed an interest in tighter spreads on indices. As a result, we’ve moved to offer tighter spreads during cash hours, which will enable clients to reduce the cost of trading on our V20 platform while continuing to benefit from our fully-automated execution and transparent pricing,” said Vatsa Narasimha, President and Chief Executive Officer, OANDA Global Corporation.

 

Related News

Fintech startup Sharegain rolls-out first Securities Lending Platform, following $12m investment

Fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of $12m (... Read more »

OpenFin wins ‘Best use of the Agile methodology by a technology vendor’ at the 2018 Buy-Side Technology Awards

OpenFin won the award for ‘Best use of the Agile methodology by a technology vendor’ at the... Read more »

CGTrader offers integration of its technology with e-commerce giant Shopify to create an innovative shopping experience

CGTrader, one of the world's leading 3D model marketplaces, offers integration of its technology with the Canadian e-commerce giant Shopify. As part of the integration,... Read more »

IronFX and IronX Welcome PumaPay Token to Their Trading Platforms

IronFX, the global leader in online trading, announces that it will add the PumaPay Token (PMA) as a funding method as well as a base currency on its trading platform, hence... Read more »

ISXPay®: deposit taking via own BIC: ISEMCY22XXX

  1. iSignthis Ltd subsidiary, iSignthis eMoney Ltd, trading as ISXPay® (“the Company”), is pleased to announce that testing of its deposit taking facilities and... Read more »

CUSIP Global Services Improves Transparency in Futures Markets

CUSIP Global Services (CGS) today announced the expansion of its CUSIP Options service to now include... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App