Spread Betting on the Move - The Mobile Trading App From City Index

LONDON, February 22, 2011 /PRNewswire-FirstCall/ -- City Index (http://www.cityindex.co.uk/), a global leader in spread betting and contracts for difference, launched its first live spread betting and CFD trading app for iPhone(TM) in 2009. Since then, consumer reaction and a huge rise in mobile trading suggest that the City Trading application has been well-received.

In order to keep up with the growing market of smart phone users, City Index re-launched the app across a number of other platforms, including Android, Blackberry, Windows and Java. Uses appear to have developed a real hunger for mobile spread betting (http://www.cityindex.co.uk/spread-betting/ ). The reviews accompanying the app speak for themselves:

    - "Finally City Index is on Android."
    - "Fast, comprehensive and well designed spread betting app. Have been
       waiting a while for City Index to develop this and not disappointed."
    - "Brilliant."

City Index Market Strategist Joshua Raymond believes that the application's success is down to the greater freedom of movement it affords: "Giving spread bettors the ability to trade whenever they want and wherever they are is completely where we feel the industry is going. No longer are you restricted to trading CFDs or making spread bets in front of the computer."

For more information about City Index's iPhone trading platform, visit:

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

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

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, contracts for differences (CFDs) and, in the UK, spread betting.

We constantly look to widen the range of assets we offer, 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 service and support. Visit http://www.cityindex.co.uk/ for more information.

SOURCE City Index