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