Spread Betting Made Easy With Award Winning Mobile Trading App

Author
SySAdmin
Posted
March 16, 2012
Views
1195

Page All:

Page 1
Spread Betting Made Easy With Award Winning Mobile Trading App

LONDON, March 16, 2012/PRNewswire/ --

    Spread betting [http://www.cityindex.co.uk/spread-betting ] apps are ideal for
accessing the markets wherever you are and whenever you want. The mobile trading app from
City Index's 'City Trading(TM)', has won four awards since its launch in October 2009.

    As recent as November 2011, the mobile trading app - available to City Index
[http://www.cityindex.co.uk ] accounts holders using iPhone(TM), Android and BlackBerry
devices - was voted by Shares Magazine's readers as 'the industry's best mobile trading
app'.

    Growing Number of Mobile Traders

    As the industry's first ever live trading app, its continuing success since 2009 could
be down to key developments in its mobile trading offering. The introduction of a powerful
live charting package sees traders gaining access to multiple technical indicators and
live streaming financial news, direct for the Dow Jones Newswires.

    Since launching in 2009, the percentage of client trades being placed through their
mobile devices has increased from under 2% to 24% (City Index, November 2011).

    This rise indicates a shift in trading styles away from over reliance upon generic PC
platforms to more innovative, accessible trading technologies; such as the online and
mobile trading app
[http://www.cityindex.co.uk/trading-platform/iphone-trading-platform.aspx ].

    Joshua Raymond, Chief Market Strategist at City Index, said: "The [Shares Magazine]
award reinforces our commitment to innovative and easy-to-use mobile dealing technologies,
which our clients have really embraced over the last two years."

    The mobile trading app from City Trading(TM) offers City Index traders full and secure
access to their trading accounts wherever they are, whenever they want; allowing them to
trade the opportunity as they see it.

    "Mobile trading is the future of our industry and we're delighted to be recognised as
the leaders in the space by readers of Shares," adds Mr Raymond.

    Mobile Trading Offering

    The City Trading(TM) app allows spread bettors, trading through a City Index account,
to trade directly and securely from their mobile phone.

    Focussing on the iPhone app, City Index traders can:

   
    - Instantly check the latest prices and market movements
    - Open and close positions
    - Access the live streaming charting package and latest financial new from Dow
      Jones
    - Set stop and limit orders including 'if done' and 'OCO' (one cancels other)
    - Create new and amend existing orders
    - View pending, completed and cancelled orders
    - Monitor positions using their unique positions chart
    - View and amend multiple Watchlists
    - Review trade and order history
    - Be confident that all information and transactions are secure

    Summary

    Spread betting [http://www.cityindex.co.uk/spread-betting/start-spread-betting.aspx ]
has gained momentum over recent years; one reason could be for the advancement in various
trading platforms [http://www.cityindex.co.uk/trading-platform ], such as the mobile
trading app from City Trading(TM).

    It is important traders remember that as a leveraged product, spread betting 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 in over 50
countries. We provide access to a wide range of instruments including margined foreign
exchange, CFDs and, in the UK, financial spread betting [http://www.cityindex.co.uk ].

    We constantly look to improve the performance of our platforms and expand our range of
services. The result is 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 details.

Source: City Index

Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond@cityindex.co.uk

Title

Medium Image View Large