CeFDex, one of the leading providers of contracts for difference (CFDs) in the German market, has successfully launched its activities in Spain and is now additionally offering its customers Spanish CFD products. For the first time, retail customers in Spain can engage in trading directly through CeFDex by means of a new Spanish website provided especially for this purpose. CeFDex reports that within a few days of the announcement of its upcoming launch on the Spanish market, Spanish media reports and social networks in particular provided the company with a good introduction to Spain. The first trades executed indicated that index-based CFDs, commodities and currencies were enjoying the strongest response, according to the company. Harald Patt, Member of the CeFDex Management Board with responsibility for software development, distribution and market making within the company, commented: "We are delighted with the high level of customer interest on all sides since we announced the launch of our Spanish business. We have high standards of customer care and will be working hard to ensure transparency and security within our business segment.”
CeFDex is one of the market leaders in terms of security and technology. Its high-performance order management systems guarantee that the execution of customer orders is fully automated, so that the process is conducted without a hitch, even in volatile market phases. René Diehl, Member of the CeFDex Management Board, commented: "Transparency and customer satisfaction are part of established practice at CeFDex. We see active trading surveillance as an obvious method of protecting our traders." The conditions CeFDex is offering for the market launch are also particularly attractive: German andSpanish equity-based CFDs are being offered without fees. According to the company, narrow spreads, high transparency and fast execution of orders areestablished strengths of CeFDex.
As previously announced, CeFDex’s offering includes CFDs based on equities in the IBEX 35 as well as on 20 of the most attractive Spanish mid caps. This means CFDs from all major European markets as well as the USA are tradeable via CeFDex, complementing the range of indices, commodities, exchange-traded funds, interest rate futures and currencies. Miguel Mestanza Portales, Branch Manager of CeFDex Spain, added: “We are confident that our strong and reliable offering in Spain will be a success.” CeFDex places emphasis on factors that are important for its success, such as customer proximity and high-quality services, including providing a Spanish website, and offering training, webinars and seminars. The goal of the company is to expand considerably the number of customers and the proportion of turnover generated in Spain. By opening a branch in Spain, the company plans to make a lasting and valuablecontribution to the development of the Spanish retail customer market.
