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FOREX.com has announced the launch of Japan Stock CFDs and Japan Stock CFD Knock-Out Options, with the products operated by StoneX Securities Co. Ltd., a wholly owned subsidiary of StoneX Group Inc (NASDAQ: SNEX).
The company states that FOREX.com will be the first and only trading platform in Japan to offer trading of these products overnight until 5.00am JST.
The launch is intended to give investors greater flexibility and agility to respond to corporate disclosures, overseas market movements, and other developments that occur outside regular Japanese market hours.
Johan Gade, Head of Retail - Japan, FOREX.com
Johan Gade, Head of Retail - Japan, FOREX.com said:
"Our focus is on giving clients greater flexibility to navigate markets on their terms. By extending trading hours for selected Japan Stock CFDs and Knock-Out Options, we are responding directly to the reality that market-moving information does not stop when the domestic equity market closes.
This launch reflects our customer-centric approach by providing clients with greater ability to respond to overseas market movements, corporate disclosures, and other developments as they happen, while continuing to expand the range and accessibility of the products we offer in Japan."
The tandem launch of the two products offers investors the option to choose between flexible CFD exposure and a Knock-Out Option structure, allowing them to define their maximum potential loss upfront depending on how they want to respond to market developments and manage risk.
Japan Stock CFDs provide clients with the flexibility to take positions on price movements in selected Japanese equities without owning the underlying shares. Japan Stock CFD Knock-Out Options provide an additional way for clients to manage their exposure by incorporating a pre-set knock-out level, at which the position is automatically closed if that level is reached.
In principle, the maximum loss is limited to the option premium paid at the outset of the transaction, although actual execution may differ from expectations during periods of sudden market movement, reduced liquidity, or other market conditions. Both products reference Japanese equities as the underlying assets. While Japan Stock CFD trading is offered with zero commission, spreads, financing costs, dividend adjustments and other costs or adjustments may apply.
Selected instruments available for overnight trading include Advantest, Tokyo Electron, Kioxia, Fujikura, Hitachi, Sony Group, Canon, Kyocera, NTT, SoftBank Group, Toyota Motor, Honda Motor, Nissan Motor, Bridgestone, Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mitsui Financial Group, ORIX, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Mitsubishi Corporation, Aeon, Nintendo, Central Japan Railway Company, and Metaplanet.
FOREX.com is an online trading brand of StoneX Group, offered to traders in 180 countries worldwide. FOREX.com provides access to products including FX, FX Knock-Out Options, single-stock and stock index CFDs, and related Knock-Out Options, supported by StoneX Group's global trading infrastructure and technology.
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