Traders Follow Latest Financial News at City Index
By City Index, PRNEFriday, September 30, 2011
LONDON, October 1, 2011 -
Every day spread betting firm City Index (www.cityindex.co.uk/) reports the latest financial news to help give its clients a trading edge. And after August saw volatility in major indices such as FTSE 100 and the Dow Jones, keeping one’s finger on the financial pulse may be considered more valuable than ever.
City Index’s financial news helps readers to plan their own positions and, retrospectively, understand how certain events can affect certain markets. This is a key element of successful financial trading; traders must know how a market moves, what affects its movements and if there are any forthcoming announcements that may impact its price.
For example, a rise in oil prices would typically increase the costs of an airline to fly its passengers all over the world. Therefore a spike in crude oil prices may result in downward pressure on British Airways shares.
Understanding a market in this kind of depth gives traders the opportunity to react quickly and correctly when relevant news emerges.
Learn more about the markets with expert insights from the trading floor of City Index. For details visit www.cityindex.co.uk/market-analysis/
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 differences (CFDs) and, in the UK, spread betting.
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 with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit www.cityindex.co.uk/ for more information.
Contact: Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond[at]cityindex.co.uk
Tags: City Index, London, October 1, United Kingdom