The CMC Markets Social Media Share Basket tracks the performance of an initial 12 shares with exposure to the social media industry chosen by the Share Basket Review Panel.
The Share Basket was created with a base level of 4,000 as of 31 December 2019.
Social Media is one of the 16 trending share baskets you can now trade on. Trading share baskets allows you to diversify your risk, so a sharp movement in one company’s share price doesn’t have a disproportionate effect on the overall holding.
The 21st century boom in technology has changed the way we work and play. Whether staying in touch with a friend, showing off the latest piece of craftwork, looking for love, or a good dentist, social media is now a part of the fabric of our lives.
Entrepreneurs have scrambled to meet these needs, creating networks that connect us with family and friends, allow us to share interests, and entertain, inform and amuse. More people than ever before have accounts on social media platforms like Instagram, Snapchat, Pinterest, Facebook and Twitter.
The social media industry has taken off in the 21st century, with a host of start-ups launched in the early part of the century now huge, household names, providing services to millions of people worldwide
|Alphabet Inc - Class A||10.00|
|Match Group Inc||10.00|
|Glu Mobile Inc||6.00|
Review under Share Basket Disruption Event and Share Basket Rebalancing.
Trading hours shown in London local time, please check under product overview for more details
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