City Index: Spread Betting on the FTSE and the Dow Jones

Financial spread betting is in a constant state of change and new online and mobile trading technology is always developing. However, some things stay the same. As Joshua Raymond of City Index (http://www.cityindex.co.uk/) points out, the most popular traded markets in spread betting are the FTSE 100 Index and the Dow Jones Index.

“These two markets attract a high majority of all trading volumes,” states Mr Raymond. “This is because they are volatile enough to create opportunities, but are also a much more diversified bet as they track a number of equities weighted together.”

FTSE 100

The share index of the UK’s 100 highest stocks. As London is the financial centre of Europe, the UK 100 is Europe’s most important index. The FTSE 100 represents around 80% of the London Stock Exchange’s market capital. Trading hours are from 08:00 to 16:30 GMT.

Dow Jones Index

The Dow Jones Index is based on 30 large publicly owned companies. Unlike the FTSE 100, it is always the same 30 companies in the index, which is something to bear in mind when formulating your spread betting strategy. Trading opens at 14:30 and closes at 21:00 GMT.

City Index currently offers 1 point spreads on both the FTSE 100 and the Dow Jones Index. Financial spread betting is a derivative form of trading, so on the City Index trading platform they are known as the UK 100 and Wall Street respectively.

Find out more about spread betting on indices at:

http://www.cityindex.co.uk/range-of-markets/indices-spread-betting.aspx

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 improve the performance of our platforms and expand our range of services. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support.

Contacts

City Index
Joshua Raymond
+44(0)20-7107-7002
joshua.raymond[at]cityindex.co.uk