Did you miss these Pairs CFD moves? - December 2024

What are Pairs CFDs?

Launched last year, Pairs CFDs by 26 Degrees are a completely new trading product built in-house for broker dealers, providing traders with the ability to trade any two instruments against each other as a single instrument, just like an FX pair.

Whether that be Metal vs Index, Commodity vs Commodity, Equity vs Equity, Pairs CFDs allow traders to go long in one instrument and short in another, creating a single leveraged position that is treated as a single trade. Importantly, this allows traders to easily set stop loss and take profit levels which are far more complex to set if managing two separate trades. Integration is also simplified due to the ability for Pairs CFDs to be streamed alongside all other 26 Degrees asset classes, via a unified API.

Tesla vs. Exxon Mobil (TSL/XOM)

Tesla has benefitted from the perceived close ties between CEO Elon Musk and Trump, while Exxon Mobil continues to face challenges from weaker oil prices. The Pair has climbed 25.30% since early December.

Alphabet vs. NVIDIA (GOO/NVD)

NVIDIA faces pressure following an antitrust probe in China, stirring up chip sector tensions. Meanwhile, Alphabet announced a breakthrough quantum computing processor, Willow, boosting investor confidence.

Boeing vs Pfizer (BOE/PFE)

Boeing’s share price has begun to stabilise following a year of crises, contributing to a 10% increase for the Pair since the start of December.

Find out more about how 26 Degrees’ innovative new product Pairs CFDs can take your product offering to the next level today: Pairs CFDs

Investments can go up and down. Past performance is not a reliable indicator of future performance.