Ochocap financial derivative provider now offers a difference contract (CFD) Based on the Coendesk 20 index (CD20)which offers a weighted performance of the largest digital assets.
The CFD CD20 is now available for merchants in Fiat and USDT pairs as a free sale (Military Cadet Bodies) Product of derivatives for retail merchants, according to an announcement on Monday.
CFDs are derivative instruments where merchants and corridors exchange the difference in the value of an asset in the opening and closing of a contract.
The CFD CD20 “will close the gap between traditional finances and digital asset space by delivering access to the institutional degree crypto index within a robust and compliant frame,” said Eightcap in the announcement.
Eightcap, based in Melbourne, has regulatory licenses in the United Kingdom, the European Union (EU) and Bahamas, as well as his native Australia.
The regulated CFD provision represents a growing expiration in the cryptographic industry, since they provide merchants with the type of investment products that would recognize the traditional financial financial (Tradfi) world.
