Online trading company Rakuten Securities Australia is further expanding its lineup of trading instruments. The broker has announced the addition of a set of trading products involving metals to its offering.
The following metal products are now available to trade:
- XAUEUR (Gold/Euro)
- XAUGBP (Gold/Sterling)
- XAUAUD (Gold/Australian Dollar)
- XAUCHF (Gold/Swiss Franc)
- XAUJPY (Gold/Yen)
- XAGEUR (Silver/Euro)
- XAGAUD (Silver/Australian Dollar)
- XPDUSD (Palladium)
- XPTUSD (Platinum)
Let’s recall that, in June 2021, the brokerage made more products available to trade for its clients. The lineup of additions includes:
- UK Crude Oil
- US Crude Oil
- UK Crude Oil +$100
- US Crude Oil +$100
- SPA35 (Spain 35)
US Crude Oil+$100 and UK Crude Oil+$100 track the movement of WTI and Brent and offset their price, remaining as live products even in the case that it drops below 0. These products are rebased at $100. This means, should spot price fall into negative territory, for example -$5 USD, the pricing will reflect this at $95.