Vanilla FX Launched by SwissQuote
The SwissQuote Group Holdings Firm, one of the leading banking institutions in Switzerland, announced on November 20th their new Vanilla FX Options service on the Advanced Trader Platform. These new options are available for individual trading strategies, which will now be more precise. Investors can anticipate European-Style Options of the Call and Put variety.
Investors that require more forex trading options can hedge their currencies and diversify portfolios by using the Vanilla FX Service. It’s suitable for those wanting to employ multi-legged strategies while benefiting from many market trends. Those include the Range, Bull and Bear Market Trends. Acquiring the Vanilla FX Options service has 45 Currency Pairs for trading, including strike and tailored pairings.
There are two significant differences between the Tailored and Strike Price Pairings. Selecting Strike Prices means the 4th decimal determines pairings and having limited expiration dates. The Tailored Price is more common, with expiry dates varying between one to twelve months.
Typically, other pairing options last from one week to one month. Subsequently, investors receive more time to employ strategies with Tailored Price Currency Pairings.
The Advanced Trader Platform
New traders interested in the Vanilla FX Options service fromSwissQuote Group first must engage with the Advanced Trader Platform. When selecting this platform, investors receive an additional eighty currency pairs. These include Minor, Major and Exotic Currencies.
The ATP Service also offers comprehensive market analysis and large liquidity pools. This extends to flexible transaction valuations, low margin rates and competitive spreads. Subsequently, dozens of strategies can be employed by using the ATP and Vanilla FX services.