IG launches tradable turbo warrant

IG is pleased to announce the launch of its turbo24 product. From today, traders can trade IG’s turbo24 on-venue product 24 hours a day, 5 days a week across France, Germany, Italy, the Netherlands, Norway, Spain and Sweden. The turbo24s will be offered through the Group’s IG Europe subsidiary, based in Frankfurt.

IG Europe will be offering clients the opportunity to trade the brand new turbo24 product, a type of turbo certificate that can be traded 24 hours day. Turbo24s have important client protections, they are limited risk products which allow traders to buy in at a price that reflects their full exposure from the outset. This transparency of risk, control of leverage and exposure and certainty of pricing has made turbos the product of choice for many European retail traders. Turbo24s will be available for indices, currencies and commodities.

Arnaud Poutier, Head of IG Europe, commented: “The turbo24 is the culmination of over 3 years work and sees IG move into the on-exchange trading space. IG is underpinned by fantastic technology, a drive for innovation and a commitment to offering clients the very best trading experience. The ability to trade 24 hours a day, 5 days a week with all the security and benefits associated with trading on a fully regulated European exchange, represents real choice for retail traders.”