Sheer Markets Breaks New Ground in Online CFD Retailing with NDFs and EMs

LIMASSOL, Cyprus, June 14, 2021 / PRNewswire / – Pure Markets (Cyprus) Ltd, operating under the Sheer Markets brand, a newly established financial institution that received a regulatory license from the Cyprus Securities and Exchange Commission (CySEC) at the end of 2020, recently announced the extension of its offering with live CFD streaming NDF and emerging currencies. In addition, for live streaming NDF, EMFX and FX, Sheer Markets offers additional CFD trading opportunities in cryptocurrencies, stocks, indices and commodities.

Pure markets was established in 2020 with a mission to present a range of products that were largely unavailable to traders and investors online through the MetaTrader 4 and MetaTrader 5 trading platforms. With traders looking for new opportunities to investment, the Sheer Markets product line presents a broader range of liquid markets.

With a dramatic 300% increase in institutional NDF volume over the past decade, Sheer Markets has identified this trend of increasing market activity. Live streaming NDFs allow retail traders and institutional clients to enter an untapped market with new investment potential. Sheer Markets provides retail traders and businesses with accessibility to trade with a range of NDFs such as the Brazilian Real, Indian Rupee, and Korean Won, which were largely unavailable until now.

As announced earlier this month, the co-founder and chairman of Sheer Markets Alex Ladouceur comments: “It is with great enthusiasm that we take our first step in presenting NDFs to the e-commerce community, as it is a product with unprecedented investment potential that has long remained under-developed. developed. these types of products from existing and new FX users are expected to expand and accelerate, along with expanding liquidity and increasing revenue. So far, there has not been a viable NDF streaming service through many regular online trading platforms. now be there to fill that gap and meet that need. ”

The newly formed financial institution has also extended its product offering to institutional clients who can now benefit from Sheer Markets’ liquidity provision, thereby offering it to their own clients.

For more information on Sheer Markets, Click here.

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SOURCE Pure markets

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