Stockpair.com has announced the launch of the first ever Pair Options trading platform. Pair Options are a new category of market-neutral online trading products that are based on the relative performance of stocks. Pair Options trading is based on picking the best performing stock within a given stock pair (such as Apple/Google, Vodafone/BT etc.) therefore limiting the exposure to general market direction. Stockpair has taken elements from the professional Pair Trading strategy and turned it into a compelling, intuitive and trader-friendly product.
“What’s extremely valuable is that since you trade on the relative performance of two stocks, you’re essentially using a market neutral instrument,” commented Yoel Mann, Stockpair’s VP of Marketing. “What really matters is how one stock has performed against another, and not necessarily how it performs in absolute terms, so even if the market goes down, there is no affect on profits.”
The platform services the global community of traders, professionals and beginners. Within the fairly conservative financial industry, stockpair’s launch is a rare occasion on which a completely new product is to be introduced to the market, not to mention a product that simplifies a proven trading technique and makes a new effective trading paradigm accessible to traders of all levels of experience.
Via EPR Network
More Internet & Online press releases