The FinancialAs reported by numerous sources, including Leaprate, our approved partner, Tradefora have added stock indices pricing to their benchmark reference price index, called Tradefora Composite Index (TCI). This lets traders and the general public now study and analyze past prices as well as live quotes on some of the most popular equity contracts for difference (CFDs) that have become so widely traded in the last few years.
The newly added instruments cover 12 major stock indices for Asia, EU and the US markets and now expanded the total list to 150+. Starting December 1st, 2019 all the retail users of Tradefora platform can check and verify the live and historic pricing, average spreads and run swaps comparison analysis for top 12 stock indices.
Pavel Khizhnyak, Co-Founder/CEO of Tradefora PLC said “Tradefora.com portal offers all its users an easy way to compare any of the supported 150+ instruments across multiple brokers for quotes, spreads and swaps in near real-time and on historic price charts completely free of charge. We already being used by many clients, brokers and 3rd party dispute resolution organizations to determine the market range of true market price”.
This is an important step in the right direction for our market to develop utmost transparency in the way brokerages offer pricing and conduct order execution. Given the popularity of stock indices amongst traders today, it is not surprising that Tradefora is venturing into this asset class as well.