Lower spreads for major currency pairs, Danish krone crosses and Fitbit added
Our additions to the platform have been evenly spread across the month and focused on additions to our instrument list.
Lower spreads for major currency pairs
Three of our most traded pairs will now have lower minimum spreads, coming down from 1.9 to 1.5. AUD/USD has been on a continued downtrend over the last several years and more and more traders have been looking at the announcements of the local central bank for trading opportunities during the Asian session.
22 Danish krone crosses included
The Danish currency came into the spotlight right after the Swiss central bank decoupled its own currency from the euro. Denmark was touted as next in line for a similar shock to the markets, but those fears (or hopes) haven’t been realised yet.
Regardless the pair has seen increased volatility of late and different signals have been coming from the government and central bank about a potential surprise in terms of the fiscal policy of the happiest nation.
Fitbit Inc. included in stocks
The last months haven’t been eventful in terms of IPO’s from the US, or anywhere else around the world for that matter. Fitbit was one of the few bright stars that managed to gain the attention of investors around the world due to its different business area.
Fitness hasn’t been a frontrunner in producing companies that manage to break into the elite of stock trading, but with shifting habits towards healthier lifestyles and more and more wireless devices coming into daily activities – Fitbit has managed to get a valuation of $8 bln. It’s had a rollercoaster ride since then with some saying it’s overvalued and won’t be able to compete with direct rivals, as well as the tech giants like Apple.