Trade Glencore International Spread Free
By Worldspreads Uk, PRNEThursday, May 19, 2011
LONDON, May 20, 2011 - The hotly awaited IPO of Glencore International launched spectacularly
last week with the first day's volume of business being more than ten times
the volume of the second most traded equity in the FTSE 100. Over GBP290
billion worth of shares were traded during the first day alone.
On Tuesday 24th May, Glencore International will start trading in the
FTSE 100 and, for 1 week,WorldSpreads clients will be eligible to spread bet
on this stock spread free.
WorldSpreads, who launched "Zero Spreads" in 2010, is happy to offer this
spread free product to our existing Active and Platinum account holders from
market open on Tuesday 24th May to market close on Tuesday 31st May.
Using the Friday 20th May closing price of GBP5.24 and based on the
average client transaction size in Glencore, two round trips over the course
of this week could save the average trader GBP154.
Spread betting (www.worldspreads.com) is a leveraged
product and can result in losses that exceed your initial deposit.
About WorldSpreads
WorldSpreads is a financial services company founded in 2000 that offers
a range of services to retail clients, specifically Financial Spread Betting.
The WorldSpreads Head Office is in London, and it has European offices in
Dublin, Paris, Frankfurt, Stockholm, Copenhagen and Madrid. In 2008 it opened
its first Asian office in Kuala Lumpur, Malaysia. It has partnerships in
Hungary, Greece, Poland, Slovenia, South America and South Africa. The
company is publicly listed on the London-based Alternative Investment Market
(AIM) and is regulated in the United Kingdom by the Financial Services
Authority (FSA).
Alastair McCaig, WorldSpreads Market Analyst, Tel: +44(0)207-398-5145, alastairm at worldspreads.com
Tags: London, May 20, United Kingdom, Worldspreads Uk