Maltese and EU regulated multi-asset brokerage firm Exante has added two precious metals XPD/USD (Palladium) and XPT/USD (Platinum) to its list of trading instruments in a continuation of its diversification into other asset classes.
By adding those sister metals the firm allows clients to have a great substitute for silver and gold as well as help them to diversify their precious metals portfolio.
This introduction comes as the prices of the platinum group metals (PGMs) are extremely volatile. PGMs volatility is determined by numerous factors, such as automobile industry, for example, where they are used to cut emissions. Therefore, the more cars are manufactured and sold, the higher the demand for platinum and palladium. Exante is now giving traders the chance to explore this complex and mind-challenging trading of PGMs, characterized by high volatility.
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