FOREX.com Lets Japanese Clients Trade US Stock Indices on Weekends
By Damian Chmiel
AI summary of the source article
FOREX.com clients in Japan can now trade US SP 500 and US Tech 100 CFDs on weekends through StoneX Securities. The service opens Saturdays at 5 p.m. Tokyo time, following a similar rollout for Cayman Islands-regulated clients.
Why it matters
Johan Gade, head of retail for Japan at StoneX, said markets are increasingly shaped by events outside regular hours, and "investors expect the ability to respond in real time."
Key facts
- StoneX Securities launched weekend CFD trading for the US SP 500 and US Tech 100 in Japan, running from 5 p.m. Saturday Tokyo time into the weekday session.
- The launch occurred three days after FOREX.com rolled out 7-Day versions of the contracts for clients of Cayman Islands-regulated GAIN Global Markets.
- StoneX reported retail FX and CFD revenue of $64.7 million for the June quarter, marking a 19% decrease year over year.
Source excerpt · Finance Magnates
FOREX.com clients in Japan can now trade US SP 500 and US Tech 100 CFDs over the weekend, StoneX Securities said today (Wednesday). Trading opens at 5 p.m. Tokyo time on Saturday and continues, with a one-hour break each morning, into the weekday session. Most Japanese providers stop index CFD trading early on Saturday. Hirose Tsusho and Gaitame.com close their index contracts at 6:30 a.m. that da…