LONDON, October 20, 2011 /PRNewswire/ --
Recent research revealed more than 70 percent of the spread betting industry's traders had either used a smartphone to trade or planned to do so during 2011. Mobile trading has clearly come a long way since City Index launched City Trading™ - the first live spread betting and CFD trading app - back in 2009.
City Index has since been voted 'Best Mobile Trading Platform' at the 2010 and 2011 MoneyAM Online Finance Awards. Joshua Raymond, the company's Chief Market Strategist, said: "We dedicate a huge amount of resources to mobile trading technology because we understand the value of our clients being able to trade whenever they want, wherever they are. Being first to market a live trading application for iPhone™ and Android mobile devices and the continual upgrading of our mobile platforms is testament to that dedication."
The latest version of City Trading™ features newsfeeds from Dow Jones Newswires and live streaming charts developed by City Index's trading technology specialists.
Learn more about mobile trading with City Index at:
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
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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. Visit http://www.cityindex.co.uk/ for more information on iPhone spread betting.
SOURCE City Index