Trading Euro Stoxx 50 with AxiTrader

Euro Stoxx 50

AxiTrader is pleased to announce that the EURO STOXX 50 CFD index has been added to its stable of tradable CFDs.

What is the EURO STOXX 50?

The EURO STOXX 50 is a leading index of 50 blue-chip stocks from 12 countries across the Eurozone; Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Included in that are some of the best known names in the global business community, such as Nokia, Airbus, BMW, Volkswagen, Allianz, Bayer, Daimler, SAP, Siemans, LVMH Moet Hennesy and L’oreal.

As part of the STOXX global equity index series, the EURO STOXX 50 sits within a stable of indexes that are active across markets all around the world. All STOXX indices are reviewed on a regular basis to ensure a transparent and up-to-date index basket.

What does it mean for traders?

AxiTrader clients will now gain additional exposure to trade opportunities previously not widely available through local Australian exchanges, thereby offering traders further means for diversification and risk management.

The addition of the EURO STOXX 50 index to the AxiTrader stable allows access a supra-regional index which cuts across current national CFD index borders. In that way, traders can go beyond the current availability of the French CAC and German DAX to a pan-European index – a blue-chip representation of supersector leaders in the Eurozone.

As a supra-regional index, the EURO STOXX 50 is based on different drivers and components when compared with other large global exchanges such as the S&P 500, Nikkei, China A50 or the ASX-linked SPI 200. From the perspective of a trader or investor, the EURO STOXX 50 therefore offers different volatility, different exposure and a depth of liquidity not typically found in, for example, the ASX.

The EURO STOXX 50 is a significant addition to AxiTrader’s suite of tradable instruments and, in the context of the company’s long term global outlook, it follows the recent addition of the Nikkei 225 index, CHINA A50 and Nasdaq to the company’s stable of instruments. The addition of more indexes is a continuation of AxiTrader’s plan to incorporate more global exchanges into current offerings, and in doing so offer traders more choice of tradable instruments and greater exposure to different markets and drivers.

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