XM Launches GOLD24-7 Product For Weekend Trading | LeapRate
On Thursday, trading and investment platform XM revealed that it has introduced GOLD24-7, a new gold trading instrument that gives clients access to gold markets seven days a week.
The broker said that unlike standard gold contracts for difference, which follow conventional market hours, GOLD24-7 allows traders to continue trading gold over the weekend.
The launch forms part of XM’s broader strategy to expand its product range while adapting its trading experience to changing market conditions and client needs.
“Markets don’t stop generating news simply because it’s the weekend,” said Stavri Morti, co-chief executive at XM. “Economic data, geopolitical developments and breaking news can all influence market sentiment over the weekend. We introduced GOLD24-7 to give our clients greater flexibility to respond to those developments as they happen, instead of waiting until Monday.”
The Cyprus-based firm stated that it has been a market leader in gold trading for more than 15 years, a position it said was reinforced earlier this year amid historic volatility in the gold market, when it provided uninterrupted trading and execution conditions including zero requotes and no rejections.
XM added that GOLD24-7 builds on that approach by extending gold trading across the full week. The instrument is now available to all clients.
