Understanding Financial Trading Jargon with City Index Glossary

LONDON, August 16, 2011 -

Do you know a dead cat bounce from a double witching day? City Index (www.cityindex.co.uk/), recently voted provider of the best online spread betting service by readers of MoneyAM, is helping traders to hone their market vocabulary with its Financial Trading Glossary.

The glossary can be found at www.cityindex.co.uk/learn-to-trade/glossary.aspx and includes around 150 terms to help readers decode the jargon of the markets.

From ’support level’ (a price level below which it is supposedly difficult for a security or market to fall) to ‘backwardation’ (when the bid price exceeds the offer price for a stock, usually when said stock is suspended or under a share repurchase scheme), the definitions are designed to provide traders with a better understanding of the financial markets in general.

City Index also provides traders with a range of free expert-led seminars to improve their skills. Visit www.cityindex.co.uk/learn-to-trade/seminars.aspx for a full list of forthcoming workshops.

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, 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 on financial trading, visit www.cityindex.co.uk/spread-betting/

Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk