Numbers Using WorldSpreads' Mobile Spread Betting Platform on the Move

LONDON, January 16, 2012 /PRNewswire/ --

WorldSpreads have been delighted with the response to their recent trading platform release which offered clients the ability to trade on their iOS devices using a dedicated mobile spread betting platform.

Although too early to draw many concrete conclusions, the first signs are that WorldSpreads' clients have taken to mobile trading with great enthusiasm. As of 12 January 2012, over 17% of the WorldSpreads' global active client base has used the mobile trading platform to log onto their account and review their positions whilst on the move.

The take-up rate in every region that the mobile trading platform is available has meant that over 4% of active clients manage some part of their daily trading activity on their mobile device. The UK leads the way with 8% of active clients having traded via the mobile platform. WorldSpreads believe these figures will only increase once the mobile platform has been optimised for other operating systems, especially when factoring in the increasing take-up of smartphone and tablet devices.

Conor Foley, WorldSpreads CEO, commented:

"It is encouraging to receive the feedback that there has been widespread satisfaction from WorldSpreads' clients regarding our new mobile trading platform. I am confident that the next releases will continue to improve the client's mobile trading experience."

Having analysed the trading behaviour of the early adopters the most popularly traded instruments are very similar to those traded on the WorldSpreads desktop version of the platform, with a slight heightened bias towards the indices.

The November release of the iOS optimised mobile trading platform is soon to be followed by the deployment of a new version, optimised for Android, in Q1 2012.

Spread Betting is a leveraged product. It carries a high level of risk to your capital and, as it is possible to lose more than your initial investment, it may not be suitable for all investors. Therefore, ensure you understand the risks involved and seek independent advice if necessary.

About WorldSpreads

WorldSpreads is a financial services company founded in 2000 that offers a range of services to retail clients, specifically Financial Spread Betting. The WorldSpreads Head Office is in London, and it has European offices in Dublin, Paris, Frankfurt, Stockholm, Copenhagen and Madrid. In 2008 it opened its first Asian office in Kuala Lumpur, Malaysia. It has partnerships in Hungary, Greece, Poland, Slovenia, South America and South Africa. The company is publicly listed on the London-based Alternative Investment Market (AIM) and is regulated in the United Kingdom by the Financial Services Authority (FSA).

 

SOURCE WorldSpreads UK