PRN: City Index Provides One Point Spreads on Four Major Indices
FTSE 100 The FTSE 100 index trades from 08:00 to 16:30 GMT.
City Index Provides One Point Spreads on Four Major Indices
LONDON, October 27, 2011 /PRNewswire/ --
City Index (http://www.cityindex.co.uk/) offers tight spreads on many indices markets, including one point on the UK 100, Wall Street, Germany 30 and France 40 during market hours.Â
The narrow spreads allow traders to take maximum advantage of the volatility created as markets across the world continue to react to significant economic, political and natural catalysts.
The FTSE 100 index trades from 08:00 to 16:30 GMT. The index comprises the UK's 100 most valuable stocks, and all companies listed must include PLC in their name, indicating they are public limited companies. As London is the financial centre of Europe, the FTSE 100 is seen as Europe's most important index.
Market trading for the Dow Index opens at 14:30 and closes at 21:00 GMT. Unlike the FTSE 100, the Dow always features the same 30 companies, which is something to consider when piecing together your financial spread bet strategy.
Trading hours for the CAC 40 run from 07:00 to 17:15 GMT. The companies listed are selected based on a quarterly review. Each review sees the companies listed on Euronext Paris ranked by the previous 12 months' performance, following which 40 companies are chosen for inclusion.
DAX 30 market hours fall between 08:00 and 14:30 GMT. The index is a reflection of the performance of the 30 largest German companies. As with the CAC 40, a quarterly review is taken to decide which companies comprise the DAX 30 Index.
City Index, recently voted Best Online Spread Betting Service at the MoneyAM Finance Awards, also provides narrow spreads for margined foreign exchange trading - including one point on Euro/US Dollar and two points on Euro/Sterling and Sterling/US Dollar.
Learn more about City Index's one point spreads at:
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.
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, 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/spread-betting/start-spread-betting.aspx to open your spread betting account.
Company Codes: Bloomberg:1568010Z@LN