CFD Brokers Push 24/7 Gold Trading As China Turns Against Retail Paper Gold

CFD Brokers Push 24/7 Gold Trading As China Turns Against Retail Paper Gold

Gold trading is moving in two opposite directions at once. CFD brokers and futures venues are expanding access to round-the-clock gold derivatives, while major Chinese banks are preparing to shut retail access to leveraged paper gold products linked to the Shanghai Gold Exchange. Vantage has launched XAUUSD247, a 24/7 gold CFD product that allows eligible clients to trade gold beyond the traditional trading week, including weekends, through MT5,…

Vantage Launches 24/7 Gold CFD as Brokers Race to Close the Weekend Gap

Vantage Markets has started offering gold CFD trading seven days a week, joining a lengthening list of brokers trying to keep clients in the market through the weekend. The broker launched the product, called XAUUSD247, on Friday and said the trading page would go live today (Monday).The timing is not accidental. Gold has been one of the busiest instruments on retail platforms this year, and several firms have already moved to erase the Saturday…

Vantage Launches 24/7 Gold CFD Product | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

Multi-asset CFD broker Vantage has launched XAUUSD247, a new over-the-counter gold CFD product available 24 hours a day, seven days a week, including weekends. The move comes as demand for round-the-clock precious metals trading continues to grow and as the CME Group recently announced plans to expand trading of certain gold futures contracts to 24/7.  Vantage said XAUUSD247 is a distinct OTC CFD product and is not linked to CME’s planned offeri…