Oct. 21st, 2020 — Juno Markets has partnered with Nasdaq to introduce US shares through CFD trading. The new offering for individual shares CFDs will be the most recent addition to its existing products of FX, Metals, Energy, and Indices CFDs. Clients will be able to access shares directly through MT4 desktop or mobile platforms.
CFDs, or contracts for difference, are a popular form of derivative trading. Shares CFD trading enables you to speculate on the rising or falling prices of fast-moving security instruments. The main difference between trading contracts for difference and share trading is that when you trade a CFD, you are speculating on a market’s price without taking ownership of the underlying asset, whereas when you trade shares you need to take ownership of the underlying stocks. Traders of CFDs still participate in all corporate actions of owning an underlying stock such as earning dividends and stock splits.
In its initial offering, Juno Markets will give traders access to 20 of the largest US companies based on market capitalization, including Apple, Google, Tesla, Facebook, and more. The company plans to continue adding new shares to its offering over time.
Arthur Le, CEO of Juno Markets commented on the offering, “Juno Markets aims to become a multi-asset platform, giving our clients access to a one-stop-shop to be able to trade any instrument without the need of having multiple accounts. We’re excited to offer US shares as our initial offering, allowing traders from around the world the ability to invest in household names they’re familiar with.”
The key benefit of trading Shares CFDs with Juno Markets is direct market access to clients with real-time quotes from Nasdaq. Juno Markets will offer shares CFDs with zero trading commission and no restrictions on short-selling.
For further information on this product visit https://www.junomarkets.com/en/shares-cfds/