LONDON February 24, 2011 http://www.cityindex.co.uk/
All this changed in 2009 when City Index introduced City Trading(TM), its first spread betting and CFD trading iPhone(TM) app, allowing users to trade whatever, wherever and whenever they wanted to.
Along with the additional freedom and opportunities that iPhone spread betting has introduced, it has also created a need for some traders to adapt their spread betting styles accordingly. Market Strategist Joshua Raymond commented: "The concept behind mobile dealing is to increase your potential to access prices whenever you want. The disadvantage could be that the more you look at prices moving, the higher is the potential for you to make impulse trades without proper research and analysis."
Since launching the app, City Index has been named ‘Best Mobile Trading Platform’ at the 2010 Money AM Online Finance Awards and the City Trading(TM) application has been downloaded thousands of times. It seems like iPhone spread betting is here to stay.
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.
SOURCE City Index