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Screenshot of a breaking news alert e-mail from Q2 2017
Leading Australian retail Forex and CFD broker AxiTrader continues to build its offering. Shortly after the addition of the Nikkei 225 index to its lineup of tradable instruments, the broker is now presenting its clients with the opportunity to trade the FTSE China A50 index.
The FTSE China A50 Index is considered as the benchmark for investors to access the China domestic market through A Shares – securities of companies incorporated in mainland China. It is a real-time, tradable index comprising the largest 50 A Share companies by full market capitalisation of the securities listed on the Shanghai and Shenzhen stock exchanges.
The index offers the optimal balance between representativeness and tradability for China’s A Share market.
As part of the FTSE group of global share indices, which covers around 7,400 securities in 47 different countries, and includes the FTSE 100 in London, the FTSE China A50 Index is a free-float adjusted, liquidity-screened index. It is reviewed quarterly in March, June, September and December to ensure the index remains representative of the underlying China market.
The addition of the China A50 index is set to provide AxiTrader’s clients with exposure to trade opportunities previously not available in through local exchanges, thus offering additional means for diversification and risk management.
You can view the full announcement from AxiTrader by clicking here.