Multi-asset investment specialist Saxo Bank has informed its white label partners that it will discontinue offering certain CFDs.
The change is scheduled for the fourth quarter of 2024. It will affect CFDs on BEL20 and PORT20.
Affected clients with open positions will be informed privately to close their exposure. Opening new positions in these instruments will soon be disabled.
The BEL 20 is the benchmark stock market index of Euronext Brussels. It tracks the performance of 20 most capitalized and liquid stocks traded in Belgium.
The PORT20 is a benchmark stock market index of companies that trade on Euronext Lisbon, the main stock exchange of Portugal.
