Mobile Trading Growing at City Index

Sep 16, 2011, 06:00 ET from City Index

LONDON, September 16, 2011 /PRNewswire/ --

Today mobile trading accounts for 15 percent of trades with City Index - and counting. Joshua Raymond, Chief Market Strategist at City Index (http://www.cityindex.co.uk/) states the rise in mobile numbers "underlines just what an impact the introduction of mobile trading has had on traders' behaviour."

City Index launched City Trading™, the industry's first downloadable mobile trading application for the iPhone™, back in October 2009. The platform proceeded to be voted Best Mobile Trading Platform at the MoneyAM Finance Awards in both 2010 and 2011, and this year City Index released an upgrade including live streaming charts and news feeds which allow clients to analyse markets wherever they are.

Joshua Raymond commented: "We are delighted that readers of Money AM have voted us Best Mobile Trading Platform two years in a row."

Mr. Raymond added: "We dedicate a huge amount of resources to mobile technology because we understand the value of our clients being able to trade whenever they want, wherever they are. Being first to market a live trading application for iPhone and Android mobile devices and the continual upgrading of our mobile platforms is testament to that dedication."

For more on mobile trading at City Index, visit:

http://www.cityindex.co.uk/trading-platform/

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 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, financial spread betting.

We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support. For more on mobile trading, visit http://www.cityindex.co.uk/.

SOURCE City Index