26 Degrees Adds Yen-Linked Japanese Share CFDs Amid Volatility

26 Degrees, a provider of liquidity for brokers, has launched Japanese share CFDs in response to yen volatility. The new products allow clients to access contracts for difference on Japanese shares through an API without integrating another provider.

The move follows sharp swings across Japanese markets, with the Nikkei 225 falling as much as 15.1% from its June high to its July low. Authorities intervened to support the yen after it touched a 40-year low against the dollar.

Hiroaki Nagakura, head of Prime Services at 26 Degrees, said: 'For brokers, that means having the product breadth to respond.'