LONDON, June 20, 2011 /PRNewswire/ --
- More Trading Flexibility on Offer as Smartphone use Continues to Grow
IG Index, the UK's leading financial spread betting firm, is now offering its new Android mobile dealing application for download. The app offers existing clients the equivalent functionality of the traditional dealing platform, while prospective spread bettors can apply for an account directly from their mobile phone. The new app is available free of charge directly from the Android Market (market.android.com).
Tim Hughes, Managing Director of IG Index, commented:
'Android mobile phones are becoming increasingly popular in the UK,and after seeing the phenomenal success of our iPhone app we recognised the importance of developing software to work on this platform too. With the iPhone now accounting for 12% of all client transactions, we're acutely aware of the demand from our customers to be able to trade whenever they want and wherever they are.’
Clients using IG Index on Android will have the ability to place spread bets on the full range of markets, including equities, indices, commodities and forex. Additional functionality also includes viewing open positions, watchlists and real-time balance information, setting or editing working orders, and generating a range of charts with customised timeframes. Unique to IG Index, non-clients downloading the app will also have access to live prices, along with an account application form customised for use on Android devices.
A recent report showed that the Android Market was the fastest-growing mobile content platform over the first four months of 2011, and the number of Android apps available for download is expected to exceed those in the App Store by August 2011. The sale of smartphones continues to grow in the UK, with Android reported to have a 38% market share, compared to Apple's 23%.
Further releases of the Android app are scheduled, including support for tablet and small-screen devices.
About IG Index
IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 7000 shares listed on markets worldwide, as well as indices, currencies, commodities and treasuries. Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 800 people and has offices in 14 countries worldwide. For further information please visit http://www.igindex.co.uk or http://www.iggroup.com, or call +44(0)20-7896-0011.
Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
SOURCE IG Index