Online broker eToro expands its lineup of trading instruments via the addition of $EuroNatGas to its investment platform.
European Natural Gas is a non-renewable energy source that is widely used throughout Europe. It represents a quarter of the EU’s primary energy consumption and is the dominant source of energy for households.
It is formed naturally and is a hydrocarbon gas mixture, predominantly made up of Methane. Natural gas is used for domestic, commercial, and industrial purposes, such as heating, cooking, and fuel.
This asset expires monthly. This means that it is subject to a contract that closes on a monthly basis. Any open trades on this market will be closed automatically on the contract’s expiration date.
eToro regularly expands its list of trading instruments. Earlier in March, the broker announced that non-leveraged Australian stocks (ASX-listed) will be traded as real. Previously, it was only possible to invest in these stocks as CFD positions.