MultiBank Group announced today that it will start offering a new Index CFD product, namely the Hang Seng 50 (HK50), to its clients in addition to the range of Index CFDs currently available for trading.
As one of the largest online financial derivatives providers, and being a leader in the field in Asia in particular, MultiBank decided that it wouldoffer this new index so clients can monitor the performance of shares in the region with ease and convenience.
The Hang Seng 50 (HK50) measures the performance of the 50 largest companies traded on Asia’s second largest stock exchange- the Hong Kong Stock Exchange. The HK50 is a major indicator of the overall Hong Kong market performance andrepresents roughly 60% of the total stock market value of companies traded on the Hang Seng Exchange.
The HK50 will be offered in addition to existing Index CFD products such as DE30, UK100, US500, USTEC, US30, DX on MultiBank’s market leading MT4 platforms, which offers the lowest spread in the industry and a wide range of products that allow traders to diversity their portfolio.
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