Invast Global utilises Cboe Market Data to launch new index CFD

Invast Global, a provider of Prime Brokerage Services globally, recently launched a new Index CFD product utilising market data derived from the trading of the highly popular Cboe Volatility Index futures contract offered by Cboe Futures Exchange. This is additive to the suite of equity services which Invast Global currently provides, based on market data provided by Cboe. 

Cboe market data provides utility in many ways. Firstly, Invast uses Cboe market data as the core data component of its Direct Market Access Equity and ETF contracts for difference (CFDs). This is a fully integrated API solution for brokers incorporating both market data and exchange execution (long and short) via Direct Market Access. The breadth of coverage provided by the Cboe data feeds combined with Invast' execution capabilities means that Invast can offer clients both pricing and execution over thousands of Equity and ETF CFDs.

Cboe's product coverage is vast, providing access to more than 15,000 of the world's most active international securities originating across 19 countries. Cboe has gone through considerable effort to understand the broker segment that Invast looks to serve and has designed market data policies across the set of products they offer, which consider and address the key requirements and concerns of the brokers Invast serve.

James Alexander, Chief Commercial Officer of Invast Global, commented: "More recently, we also launched a CFD utilising market data provided by Cboe. This CFD product is particularly well suited to our customer base who often incorporate volatility management into their trading strategies. Risk teams within our broker clients will also monitor the VIX Index as a key benchmark in their own risk management policies."