December brings some very interesting additions to our platform – a social network for traders, bitcoin trading and more country additions in our stock list.
We are very pleased to announce our partnership with the new social network for traders – Tradebird!
The platform is designed as a stream of posts from users that share news about the markets or about their own trading. it’s aim is to act as an all in one provider of news, sentiment, opinions and analysis on trading and investments. Crowdsourcing is built-in, making it more efficient and targeted than usual media sources. On top of that come real-time comments and opinions that promote what is more valuable to everyday traders. It is a novel approach in an area that hasn’t seen much change in recent times, saving time and effort in discovering and understanding what is going on in the markets.
We’ve placed it in the top-right corner of the platform where you can see the posts coming in from different users with a bullish, or a bearish sentiment. The coming weeks and months will see many improvements and upgrades to it, so stay tuned and let us know what you think by contacting our support team, or in the comments section below.
Bitcoin available for trading
Bitcoin trading is the second thing we are excited about adding in the last month. We’ve placed it among the currencies in the instrument list.
The most popular cryptocurrency has built on its initial hype and is becoming a mainstay in the online behaviour of many people. This makes it more suitable for daytrading, as its behaviour is getting more and more like a regular currency pair. It’s still a quite volatile pairing, but many traders prefer it due to their trading styles.
Russian stocks included
Russian stocks have seen some increased volatility coming from geopolitical and economical circumstances in the last year. This has multiplied trade in the Russian currency and stock market, as traders and investors see opportunities to take advantage of the situation in which the economy, its currency and the price of oil are intertwined in a very interesting and constantly changing dynamic.
The most prominent companies we’ve added are giants like Gazprom, Lukoil, Sberbank and Rosneft. They are also good proxies for trading the Russian MICEX index, although we do have a Russia-focused ETF in our indices.
We hope you’ve enjoyed trading with us over the last year and we hope we will continue together in 2016. Have a Merry Christmas and a Happy New Year!
The Trading 212 Team