iFOREX introduces the CAC 40 Index to its global trading platform.
See: Foreign exchange trading platform iFOREX has expended its tradable products by incorporating the CAC 40 index CAC 40 index
A broad-based index of common stocks composed of 40 of the 100 largest companies listed on the forward segment of the official list of the Paris Bourse. .
The CAC See Consumer Advisory Council. 40 is now available to all traders as a Contract for Difference, along with other tradable products such as currencies, gold, and oil.
The European CAC 40 can be an excellent place to start for iFOREX traders who are looking for variation from the usual market indices. The CAC 40 index includes 40 stocks that are most representative of the various economic sectors quoted on the Euronext Paris market. It is commonly used as the main benchmark for Euronext Paris and has been known to be a reliable index due to its continuous trends and relatively low volatility.
When asked about the recent addition of the CAC 40 index to the list of tradable products, a senior marketing executive was quoted saying, "We are pleased to offer the CAC 40 index to all of our clients at iFOREX. The inclusion of this index into our trading platform is a tremendous advantage for traders, as it provides the opportunity to diversify one's trading portfolio and benefit from the European index's movements."
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