CFH Clearing is now offering trading in aluminium, copper, nickel, lead and Zinc against USD.
This latest development is the first in a series of new products and asset classes being launched by CFH Clearing. The Financial Conduct Authority (FCA) regulated firm says that it has secured pricing for its base metal liquidity as a result of its direct relationships with specialist liquidity providers.
Andy Biggs, head of liquidity at CFH Clearing, comments: “In line with market demand, our focus is on offering institutional clients a range of asset classes. We have worked hard to add five new base metals to our liquidity stack as a rolling spot product. This means that these base metals look familiar to clients who are used to our FX liquidity and can easily be integrated into their platform, fitting in like any other CFD product.”
He adds: “There’s been an increasing electronification of base metals and we feel that the five base metals we have selected are liquid enough to offer a competitive spot price. We look forward to announcing further products and asset classes in the near future.”