InterTrader.com 50% cuts in headline spreads: Wall Street now 1pt
LONDON, September 13, 2012 /PRNewswire/ --
InterTrader.com today announces reduced spreads on some of its most heavily traded markets, including US indices and international energy contracts.
With cuts also being made to the 'out-of-hours' spread, clients can take a position beyond the standard trading hours without facing heavy trading costs.
A 50% cut has been made in both the spread for Wall Street (Rolling Daily) to just 1 point for in-hours and to 2 points for out-of-hours. The spread for S&P 500 has been cut from 0.4 to 0.3 points, in or out of underlying market hours.
In the energy futures, US Crude Oil has been cut from 5 points to 4 points (in-hours) and by 50% to 5 points (out-of-hours). Brent Crude Oil has similarly been cut from 5 to 4 points (in-hours) and from 10 to 5 points (out-of-hours).
All of the reduced spreads are fixed, even during volatile periods. From January to July 2012 spreads were fixed 100% of the time although spreads may vary in extreme market conditions. They apply for all InterTrader.com clients, whether spread betting or CFD trading.
Spread betting and CFD trading carries a high level of risk to your capital and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please ensure that you fully understand the risks involved.
InterTrader.com provides a suite of products and tools to help clients back their judgement in the financial markets. Its service covers shares, indices, forex, commodities and more, and is supported by a free suite of trading tools such as live market news, trading signals, expert research and a trader education programme. InterTrader.com aims to provide one of the best-value trading packages around.
InterTrader.com is a trading name of London Capital Group, which is authorised and regulated by the UK Financial Services Authority. Registered address: 2nd Floor, 6 Devonshire Square, London, EC2M 4AB.
The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.
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