eToro releases a sweep of Australian stock offerings, including Commonwealth Bank of Australia, Fortescue Metals Group, Santos, South32, and more.
The online broker eToro continues to expand its offering by adding 77 share CFDs from ASX-quoted companies. Clients can find some of the largest and most traded stocks of the ASX 200 index. Here is a list of added stocks:
- $BHP.ASX (BHP Group Limited)
- $CSL.ASX (CSL Limited)
- $CBA.ASX (Commonwealth Bank of Australia)
- $FMG.ASX (Fortescue Metals Group Limited)
- $WBC.ASX (Westpac Banking Corporation)
- $RIO.ASX (Rio Tinto Group)
- $MQG.ASX (Macquarie Group Limited)
- $NAB.ASX (National Australia Bank Limited)
- $ANZ.ASX (Australia and New Zealand Banking Group Limited)
- $WOW.ASX (Woolworths Group Limited)
- $WES.ASX (Wesfarmers Limited)
- and many more.
The multi-asset broker said that at this time, assets could only be traded as CFDs, while reminding clients interested in accessing the Australian market that the Sydney exchange market opening hours are from 10:00 to 16:00, Sydney time.
This is not the first time eToro has expanded its offerings. Last August, the company released eight Commodities as trading instruments, such as Corn, Soybean, Carbon Emissions, Gasoline, Heating Oil, Live Cattle, Lean Hogs, and Arabica Coffee.
Plus, clients are now able to invest in $VIX.FUT. The VIX volatility index is a real-time measure of the expected volatility of the S&P 500 index. It is often referred to as an investor's 'fear gauge', a timely barometer of market stress and uncertainty. VIX is calculated from the price of put (right to sell) and call (right to buy) options on the S&P 500 index in the next 30 days. The more investors are prepared to pay for such market insurance, the greater the perceived risk.