Mobile Trading: a New World of Spread Betting

LONDON, September 6, 2011 /PRNewswire/ --

For the last twelve months, there has been plenty of buzz around mobile trading in the world of financial spread betting. Whereas a few short years ago traders relied solely on their laptops and PCs for the internet access they needed to check prices and trade, all they need to do now is reach for their iPhone™ or Android mobile phone.

For the last two years City Index (http://www.cityindex.co.uk/) has been voted Best Mobile Trading Platform by readers of MoneyAM. The company's Chief Market Strategist, Joshua Raymond, states: "We dedicate a huge amount of resources to mobile 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."

On average one in every four trades with City Index is now placed via City Trading™, the company's mobile trading platform - a huge increase from the 2% of trades mobile platforms contributed just two years ago.

The financial markets are becoming increasingly volatile, with debt crises, rising interest rates and company earnings under intense scrutiny. Therefore it is vital that spread bettors keep abreast of the markets whenever they can, wherever they are. With live prices, real-time news and an interactive charting package, City Trading is fast becoming the most important part of many traders' toolkits.

Download City Trading™ for free from Apple's App Store. Find out more about mobile trading from City Index at http://www.cityindex.co.uk/trading-platform/

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 difference (CFDs) 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.

SOURCE City Index PR