Dukascopy today announced a significant expansion of its CFD instrument offerings. Now, Dukascopy clients can venture into the dynamic world of Italian stocks and the Italy 40 Index.
Italian equities have long been a cornerstone of the European financial landscape, representing some of the continent’s most prominent companies across various sectors. With this latest addition, Dukascopy clients gain access to a diverse array of Italian market giants, including Enel Spa, Ferrari NV, Assicurazioni Generali Spa, Fiat Chrysler Auto NV, Intesa Sanpaolo Spa, UniCredit Spa and many more.
The Italy 40 Index, known for its representation of the top 40 companies listed on the Borsa Italiana, provides traders with a comprehensive snapshot of the Italian stock market’s performance. As one of Europe’s largest economies, Italy offers ample opportunities for investors seeking exposure to diverse industries, from banking and finance to fashion and automotive.
However, traders should be mindful of the Italian Financial Transaction Tax (IFTT), which applies to derivatives based on Italian shares and indices. This tax is an essential consideration for those looking to trade Italian assets and should be factored into their overall trading strategy.
