Forex News

December 2017 05

TeleTrade is now offering its clients to invest in CFD on ETF from Standard & Poor's Financial Services LLC

Starting December 5, 2017, TeleTrade is providing its clients with an opportunity to buy CFDs on ETF (Exchange Traded Funds) from Standard & Poor's Financial Services LLC, with leverage levels of up to 1:20.

The following ETFs are available for TeleTrade's clients:

XOP SPDR S&P Oil & Gas Explor & Prodtn ETF
XLU Utilities Select Sector SPDR ETF
XLK Technology Select Sector SPDR ETF
XLI Industrial Select Sector SPDR ETF
XLP Consumer Staples Select Sector SPDR ETF
XLB Materials Select Sector SPDR ETF
XHB SPDR S&P Homebuilders ETF
XES SPDR S&P Oil & Gas Equipment&Svcs ETF









Please note that for CFDs on ETFs only long positions (BUY transactions) are allowed.

SPDR ETFs are traded in the US, Europe and Asia-Pacific region. SPDR stands for Standard & Poor's Depositary Receipts. For a long time, SPDR was the world's largest ETF (until 2012) and initially was designed to track the S&P 500 stock market index. SPDR S&P 500 is traded on the New York Stock Exchange.

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