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- TeleTrade is now offering its clients to invest in CFD on ETF from Standard & Poor's Financial Services LLC
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:
| SPY | SPDR S&P 500 ETF |
| 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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