iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

FNG Exclusive Interview… Paul Jackson, Sales Director at IS Prime, part of the ISAM Capital Markets Group, talks to FNG about the firm’s products, growth...

Stocks attempted to stabilise after recent losses as Asian equities rebounded for the first time since the escalation in the conflict in Iran. The MSCI Asia Pacific Index rose 2.3%, with South Korea’s Kospi surging almost 10% after its record crash earlier in the week.

Asian equities slumped sharply as the escalating conflict between the US, Israel, and Iran continued to rattle markets. The MSCI Asia Pacific Index fell more than 4%, its steepest drop in almost a year, while South Korea’s Kospi plunged around 12% in its biggest-ever single-day decline after being one of the world’s best-performing markets earlier this year.

Stocks extended their selloff as the conflict between the US, Israel, and Iran intensified, pushing oil higher and reviving inflation concerns. S&P 500 futures fell 0.9% and Nasdaq 100 futures dropped 1.1%, with European futures also pointing sharply lower.