10 October 2016
CMC Markets, a leading global provider of online retail trading, has expanded its product portfolio with the launch of Knock-Out CFDs in Germany and Austria.
Clients will be able to trade Knock-Outs in an easy and customisable way via the award-winning Next Generation platform*.
A Knock-Out CFD is a popular limited-risk form of derivative trading which enables a client to speculate on the rising or falling prices of fast-moving global financial markets (or instruments) such as shares, indices, commodities and currencies. Knock-Out trades also feature the setting of a specific strike price – a price level which if breached, will close the client out of their position and result in the loss of the invested capital.
The launch of Knock-Outs furthers the Group’s new product strategy for growth, following the highly successful launch of digital 100s in April this year.
Commenting on the launch, Peter Cruddas, Chief Executive Officer, CMC Markets said:
‘We are very excited to be able to launch Knock-Out CFDs in Germany and Austria and become the first CFD provider in Germany to do this. This is part of our extensive new product development pipeline.’
Teamspirit Public Relations on 0207 360 7878 or firstname.lastname@example.org.
*Rated Best Trading Platform Features based on highest user satisfaction among spread betters and FX traders in the Investment Trends 2015 UK Leveraged Trading Report.
Spread bets and Contracts for Difference (“CFDs”) are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you. It is possible to lose more than your investment and you may be required to make further payments. Knock-Outs CFDs, Digital 100s and Countdowns carry a level of risk to your capital as you could lose all of your investment. Invest only what you can afford to lose. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice.
CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.