Dukascopy Japan has launched commodity CFD buying and selling
following approval from Japan’s Ministry of Financial system, Commerce, and Trade (METI)
and the Ministry of Agriculture, Forestry, and Fisheries (MAFF). The corporate
can now supply commodity CFDs, comparable to oil, fuel, and treasured metals, to its
shoppers.
New Choices from Dukascopy Japan
With the newly granted commodity license, Dukascopy
Japan can now supply commodity CFDs alongside its current foreign currency trading
companies. These devices will reportedly be accessible by way of each LIVE and
DEMO JForex accounts for the corporate’s Japanese clientele.
By leveraging its new commodity buying and selling license, the
firm positions itself to draw a wider clientele and allow it to entry
commodities like oil, fuel, and treasured metals. This may reportedly allow
shoppers to diversify their portfolios and discover new market alternatives.
In addition to this, Dukascopy Japan plans to acquire the
mandatory license to supply CFDs on equities within the close to future. The corporate
expects to reap the benefits of this chance to additional solidify its presence
within the Japanese monetary market by broadening its buying and selling merchandise.
Dukascopy Japan Okay.Okay. operates as a 100% subsidiary of
Dukascopy Financial institution and has been a key participant within the Japanese foreign exchange market since
2015. After buying Alpari Japan, the corporate restarted its operations below
the brand new title.
Different Developments at Dukascopy
Lately, Dukascopy introduced its monetary outcomes
for the primary half of the yr, highlighting a considerable decline in
consolidated revenue from buying and selling actions. The numbers fell to CHF 5.14
million, a 46% drop from CHF 9.61 million posted final yr. The dealer’s web
revenue additionally plunged 81% to CHF 80,815.
The agency’s buying and selling revenue additionally fell to CHF 4.88
million, in comparison with CHF 9.23 million within the corresponding interval in 2023. This
represents a 47% decline. The efficiency adopted a 33% annual drop
in buying and selling revenue for the Swiss on-line dealer final yr.
In the meantime, Dukascopy has introduced a particular supply for
former FlowBank shoppers. Following FlowBank’s current chapter, the corporate supplied a 50% CashBack on quantity commissions for the lifetime of the account.
Dukascopy Financial institution SA additionally expanded its CFD devices to
embrace Italian shares and the Italy 40 Index. The service reportedly allows
Dukascopy shoppers to entry Italian market giants like Enel Spa, Ferrari NV,
Assicurazioni Generali Spa, and Fiat Chrysler Auto NV.
This text was written by Jared Kirui at www.financemagnates.com.
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