City Index Offers One Point Spreads on FTSE and Dow JonesBy City Index, PRNE
Thursday, October 6, 2011
LONDON, October 7, 2011 -
As stock markets across the world continue to suffer in the debt crisis, City Index (www.cityindex.co.uk/) is helping financial traders take maximum advantage of the volatility by offering one point spreads on a number of key markets.
The UK 100, Wall Street, Germany 30 and France 40 all feature one-point spreads during market hours.
City Index, recently voted Best Online Spread Betting Service at the MoneyAM Finance Awards, also provides narrow spreads for margined foreign exchange trading - including one point on Euro/US Dollar and two points on Euro/Sterling and Sterling/US Dollar.
With City Index, you can speculate on price movements irrespective of whether the markets are rising or falling.If you go long (buy), your profits will rise in line with any increase in that price. If you go short (sell), your profits will rise in line with any fall. Similarly, if you go long on the price and the underlying stock price falls, you will incur losses.
Due for release on 7th October, the September nonfarm payroll report is fast approaching. The narrow spreads offered by City Index are likely to prove attractive to traders wishing to capitalise on the volatility and spikes in major markets that typically follow the monthly announcement.
Find out more about one point spreads at City Index at:
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
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 in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for difference (CFDs) and, in the UK, spread betting.
We constantly look to widen the range of assets we offer, 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 with transparent pricing, mobile trading, competitive spreads, and a high standard of customer service and support. To find out more, or to open a spread betting account, visit www.cityindex.co.uk/.
Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond at cityindex.co.uk
Tags: City Index, London, October 7, United Kingdom