City Index Mobile Trading Numbers Swell Thanks to Award-Winning AppBy City Index, PRNE
Monday, July 11, 2011
LONDON, July 12, 2011 -
City Index (
a global leader in spread betting and CFD trading, has received
much acclaim for its mobile trading output in the last 12 months -
culminating in the company winning MoneyAM’s ‘Best Mobile Trading
Platform’ award for the second year running.
City Trading™, the company’s mobile trading app for the iPhone™,
was voted 2010’s ‘Best Mobile Trading Platform’ by readers of both
MoneyAM and Shares Magazine. It was also named the FT and Investors
Chronicle Innovation of the Year.
The spread betting and CFD trading provider has since released an
updated version of City Trading™, including a comprehensive live
charting package and newsfeeds from Dow Jones Newswires.
Though awards are always an encouraging sign, the real measure
of success for any new trading technology lies in how the trading
public embrace it. Joshua Raymond, Chief Market Strategist at City
Index, states: “Since the release of City Trading™, the percentage
of total trades placed on our mobile platforms has risen from less
than 3% to 15%, which underlines just what an impact the City
Trading™ app has had on traders’ behaviour.”
Spread betting and CFD trading are leveraged products which can
result in losses greater than your initial deposit. Ensure you
fully understand the risks.
Apple, the Apple logo, iPod, iPod touch, and iTunes are
trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a
service mark of Apple Inc.
About City Index:
Today more and more individual traders are discovering the benefits
of derivatives, and many of them are discovering them through a
City Index trading platform.
As a group, we transact over 1.5 million trades in 50 countries
every month. We provide access to a range of instruments including
margined foreign exchange, CFDs and, in the UK, href="www.cityindex.co.uk/spread-betting/">financial spread
We constantly look to improve the performance of our platforms and
expand the range of services we provide. The result is that our
customers benefit from innovative trading tools, competitive
spreads, and a high standard of customer support.
Joshua Raymond, City Index Group, +44(0)20-7107-7002, joshua.raymond[at]cityindex.co.uk
Tags: City Index, July 12, London, United Kingdom