IG Index Launches Custom Bets
By Ig Index, PRNESunday, November 14, 2010
New Range of Flexible Bets Will Further Widen Appeal of Trading Financial Markets
LONDON, November 15, 2010 - IG Index, (www.igindex.co.uk/) the UK's leading financial spread
betting firm, has launched a new range of betting opportunities under its
Custom Bets banner. Designed to complement the company's traditional
financial spread betting business and the more sophisticated binaries, Custom
Bets ( www.igindex.co.uk/spread-betting/custom-bets.html )give clients
the ability to construct a tailor-made bet by using a graphical interface to
set the parameters they want.
Tim Hughes, managing director, IG Index, commented
'This is something of a departure from the traditional dealing interface
for IG Index, but we believe the Custom Bets proposition opens up financial
markets to a new segment of the betting community. Working along the lines of
a traditional fixed odds bookmaker, the stake and maximum return are known at
the outset, although clients can still trade out of their position before
expiry if they want to. Furthermore, the intuitive graphical slide bars give
the utmost flexibility when looking to structure a bet to meet your
requirements as opposed to simply taking what the broker has to offer.'
The range of markets on offer includes the most popular indices such as
the FTSE 100, DAX, Dow Jones and S&P 500, selected currencies and the price
of oil. Depending on the type of bet chosen, clients can adjust up to five
parameters including the target price levels, the bet's time of expiry and
the size of the stake. As each adjustment is made, the potential payout is
calculated in real time and clearly displayed.
Having pioneered financial spread betting in the 1970s, IG Index has
always been at the forefront of industry innovation. In a recent study by
Investment Trends, the company was judged to be the UK's number one financial
spread betting provider.
About IG Index
IG Index is the world's leading financial spread betting provider,
offering clients the ability to spread bet on over 7,000 shares listed on
markets worldwide, along with indices, forex (
www.igindex.co.uk/spread-betting/forex.html) commodities and
treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which
employs in excess of 900 people and has offices in 14 countries worldwide.
For further information please call +44-(0)20-7896-0011
Tags: Ig Index, London, November 15, United Kingdom