IG has added oil to its weekend trading markets, designed to give clients access to live prices and the ability to hedge risk outside of standard hours.
The firm writes that the new offering allows traders to respond to geopolitical developments, supply disruptions, and breaking news as they happen, rather than waiting for the oil market to reopen on Sunday evening.
“Oil remains one of the world’s most actively traded and event-driven commodities, and weekend trading enables clients to manage their positions more effectively during periods of heightened uncertainty and volatility.”
Chris Tripp, Commercial Director at IG Group, says: “Just because markets close for the weekend, it doesn’t mean the news stops. Geopolitical developments and economic shifts can happen at any time – and our clients want the ability to respond. By offering live pricing and the option to trade oil over the weekend, we’re giving investors greater flexibility to manage risk and seize opportunities as they arise.”
Weekend oil trading is the latest addition to IG’s expanding weekend markets, with the firm already offering weekend trading on several key indices.
