Financial Spread Betting on Your iPhoneBy City Index, PRNE
Wednesday, February 23, 2011
LONDON, February 24, 2011 - Only a few years ago, the financial spread bettor was chained to his
computer to make his trades. The moment he stepped away, access to the spread
betting providers such as City Index (www.cityindex.co.uk/) was
completely lost. If any sudden changes happened in the markets, the spread
bettor was powerless to react, possibly resulting in the loss of potential
All this changed in 2009 when City Index introduced City Trading(TM), its
first spread betting and CFD trading iPhone(TM) app, allowing users to trade
whatever, wherever and whenever they wanted to.
In addition to trading, iPhone spread betting apps also facilitate market
analysis, allowing you to keep up-to-date with price movements, charting and
financial news in your spare moments. This kind of research is at the heart
of both technical analysis and fundamental analysis in financial spread
betting (www.cityindex.co.uk/spread-betting/), and can go some way to
ensuring your trading is based on analysis rather than instinct.
Along with the additional freedom and opportunities that iPhone spread
betting has introduced, it has also created a need for some traders to adapt
their spread betting styles accordingly. Market Strategist Joshua Raymond
commented: "The concept behind mobile dealing is to increase your potential
to access prices whenever you want. The disadvantage could be that the more
you look at prices moving, the higher is the potential for you to make
impulse trades without proper research and analysis."
Since launching the app, City Index has been named 'Best Mobile Trading
Platform' at the 2010 Money AM Online Finance Awards and the City Trading(TM)
application has been downloaded thousands of times. It seems like iPhone
spread betting is here to stay.
To learn more about mobile spread betting with City Index visit
Spread betting and CFD trading are leveraged products which can result in
losses greater than your initial deposit. Ensure you fully understand the
iPhone(TM) is a trademark of Apple Inc. App Store is a service mark of
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
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, CFD trading
(www.cityindex.co.uk/cfd-trading/) 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, competitive spreads, and a high standard of customer
service and support. For more information, visit www.cityindex.co.uk/.
Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk; Jonathan Smith / Alex Nekrassov, New Century Media, Tel: +44(0)20-7930-8033, Email: jsmith[at]newcenturymedia.co.uk /alexnekrassov[at]newcenturymedia.co.uk
Tags: City Index, February 24, London, United Kingdom