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Screenshot of a breaking news alert e-mail from Q2 2017
Multi-asset trading technology provider SpotOption has announced the launch of their latest product, called Digital Contracts.
Following suit in terms of marketability and simplicity to the CFD product, Digital Contracts provide a transparent and fresh new way to trade on assets with real-time prices such as stocks, commodities, currencies, and indices. Digital Contracts are extremely marketable as they offer several advantages to the trader. They have negative balance protection (traders can only lose as much as their allocated investment), and no margins or leverage required, as well as no swap points, rollover, or commissions. They offer a two-sided, continuous price display, and are being launched together with the new and upgraded mobile platform.
As this is a cutting-edge, new product, brokers that will offer it will enjoy the benefits of being in the foreground of the industry, with little competition in the market. Most importantly, Digital Contracts were developed in accordance to regulatory standards of major financial regulators, and the market leaders of the industry convey that these standards are essential for brokerage sustainability.
According to Pini Peter, SpotOption Founder:
Providing the industry with innovative new trading products has always been the focus at SpotOption. This time, developing a product that would comply with regulatory requirements yet not lose the marketability and attractiveness that previous simplified products entailed was the goal. We trust that our Digital Contracts encompass these qualities, and are preparing ourselves for the influx of traders and brokers that they will bring to the industry.