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Abstract:Dukascopy, the Swiss online bank and forex broker, has announced that it will delist the India 50 Index from its trading platform. The decision was made due to the low trading volume and liquidity of the index. This means that clients of Dukascopy will no longer be able to trade the India 50 Index.
Dukascopy, the Swiss online bank and forex broker, has announced that it will delist the India 50 Index from its trading platform. The decision was made due to the low trading volume and liquidity of the index. This means that clients of Dukascopy will no longer be able to trade the India 50 Index.
The company notifies its clients of the delisting of India 50 Index (IND.IDX/USD) on 5 June 2023, 19h00 GMT. The opening of new positions or the increase of an existing exposure in the above instrument is not possible as of the 29th of May 2023.
Clients who are currently exposed to Dukascopy may close their positions at any time until Friday, June 5th. Positions held after the 5th of June will be automatically closed at the latest known price.
Dukascopy's decision to delist the India 50 Index is in line with its commitment to providing its clients with the most liquid and tradable instruments. The online bank and forex broker will continue to offer a wide range of other indices, including the US, European and Asian markets.
About Dukascopy
Dukascopy Bank is a Swiss innovative online bank based in Geneva, Switzerland, providing Internet based and mobile trading services (with focus on foreign exchange, bullion, CFD and binaries), banking and other financial services through proprietary technological solutions.
Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm.The SWFX provides online and mobile Forex, precious metals and CFD trading facilities.
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