City Index: The Spectacular Growth of Mobile Spread Betting – City Index

When it comes to trading technology, good things tend to grow fast. City Index (http://www.cityindex.co.uk/) first launched its multi award-winning mobile trading app, City Trading™, in 2009. Recent research reveals more than 70 percent of the spread betting industry’s traders have now either used a smartphone to trade or plan to do so during 2011.

City Index was voted ‘Best Mobile Trading Platform’ at the 2010 MoneyAM Online Finance Awards. Joshua Raymond of the spread betting and CFD trading provider said: “Since the release of City Trading™, the percentage of total trades placed on our mobile platforms has risen from less than 3% to 15%, which underlines just what an impact the City Trading™ app has had on traders’ behaviour.”

The Evening Standard also reports a 100 percent rise in the number of people who state mobile access would enter the equation when deciding which financial spread betting provider to use.

City Index recently launched an upgraded version of its acclaimed City Trading™ app. Available on Android and iPhone™, the improved app features newsfeeds from Dow Jones Newswires and live streaming charts developed by City Index’s trading technology specialists.

To learn more about new, improved mobile trading at City Index, visit:

http://www.cityindex.co.uk/mobile/

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 in over 50 countries. We provide access to a wide range of instruments including margined foreign exchange,CFDs 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. Visit http://www.cityindex.co.uk/ for more information.

Contacts

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