International multi-asset broker XTB has launched American-style stock options for its clients in Cyprus under CySEC supervision. This marks a strategic expansion for the broker, traditionally known for CFDs and forex.
Initially, the cash-settled options are available for 100 major US-listed shares. The company plans to later add European stocks and develop the segment further.
Learn how to buy and sell popular assets with Top Forex broker XTB
“Expanding with options is a natural step for us,” said Filip Kaczmarzyk, a member of XTB’s management board. He noted the Cyprus launch serves as a practical test before a potential wider rollout to other jurisdictions, pending regulatory approvals.
Kaczmarzyk pointed to a growing European demand for more advanced tools. “Options have been gaining popularity in the United States for years, and this trend is gradually moving to Europe,” he stated.
While starting in Cyprus, XTB is also seeking regulatory permissions to offer options in its home market of Poland. The firm, listed on the Warsaw Stock Exchange since 2016, has operated internationally for over two decades.
