Investment and Options Strategist
Summary: Saxo Bank has expanded its trading portfolio by introducing 0DTE options on the French CAC 40 index, providing traders with a new avenue for same-day trading opportunities. This offering underscores Saxo's commitment to offering flexible, cost-effective, and strategic trading instruments. As a supporting broker with direct ties to Euronext and market makers, Saxo ensures competitive pricing and efficient trade execution for its clients.
In a significant move for financial traders, Saxo Bank in participation with Euronext and Susquehanna, have introduced a new offering that significantly enhances the trading landscape: 0DTE (Zero Days To Expiry) options on the French CAC 40 stock index. This development opens up new possibilities for traders interested in capitalizing on the volatility of the stock market within the same trading day. With this addition, Saxo broadens the array of trading strategies available to its clients, highlighting its commitment to providing sophisticated financial instruments to a diverse trader base.
For a detailed understanding of 0DTE options, we reference our in-depth article, "Trading 0DTE's: Getting Your Feet Wet, Without Drowning - Part 1." Particularly, Section 5, "Do We Have 0DTE's at Saxo?," offers essential background information on our current offerings, to which this new offering is a great addition. This article aims to explore the benefits and new trading opportunities presented by the introduction of daily options on the CAC 40 index at Saxo.
0DTE (Zero Days To Expiry) options are financial instruments that expire on the same day they are traded, offering a unique opportunity for traders to leverage short-term market movements. Here are the core advantages:
In essence, 0DTE options introduced by Saxo Bank for the CAC 40 index present a strategic, flexible, and cost-effective tool for modern traders aiming for precision and efficiency in their trading activities.
The following instructions are tailored for the SaxoTraderGo platform but rest assured, accessing CAC 40 daily options follows a similar process on our other platforms, SaxoInvestor and SaxoTraderPro.
Remember, the availability of daily options and their details may vary each trading day, so it is essential to verify the date and expiry time for the options you are interested in trading.
Saxo Bank's role as a supporting broker for the newly launched CAC 40 daily options brings with it a suite of benefits for our clients, thanks to our foundational relationships and technical infrastructure:
Being a supporting broker from day one highlights Saxo Bank's commitment to providing cutting-edge trading options and positions our clients at the forefront of market innovations.
In the upcoming weeks, Saxo Bank is dedicated to publishing a series of informative materials on the new CAC 40 daily options. These resources will guide investors and traders through the nuances of trading these innovative products and will highlight how they can be strategically incorporated into a diversified investment portfolio. Our aim is to empower you with the knowledge and skills needed to fully leverage the benefits of these options.
Additionally, we are excited to share in the coming days a short video from last Monday's bell ceremony. It was an honor for Saxo Bank to participate in the ringing of the closing bell at the Euronext Paris stock exchange, marking the conclusion of the first trading day featuring these options. This ceremonial event symbolizes our active role in the introduction of CAC 40 daily options and our commitment to being at the forefront of financial innovation.
Stay tuned for these upcoming insights, and join us in exploring the potential of CAC 40 daily options.
Attached is the factsheet provided by Euronext about the new CAC 40 Daily Index Options:
CAC40_Daily-Options_Factsheet-EN_260224
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