Four Spread Betting Indices Every Trader Should Know

LONDON, January 21, 2011 /PRNewswire-FirstCall/ -- Indices are the most traded financial markets in spread betting (http://www.cityindex.co.uk/spread-betting/). From the UK 100 to the Wall Street Index, traders analyse news activity from around the world to speculate on which way indices prices will move next. As with any form of financial spread betting, it is crucial to understand the indices themselves before you trade them. Take a look at this guide from indices spread betting provider City Index (http://www.cityindex.co.uk) to learn more about four major indices:

UK 100

The UK 100 index trades from 08:00 to 16:30 GMT. The index comprises of 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 UK 100 is seen as Europe's most important index.

Wall Street

Market trading for the Wall Street index opens at 14:30 and closes at 21:00 GMT. Unlike the UK 100, Wall Street always features the same 30 companies, which is something to consider when piecing together your financial spread betting (http://www.cityindex.co.uk/spread-betting/) strategy.

France 40

Trading hours for the France 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 forty companies are chosen for inclusion.

Germany 30

Germany 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 France 40, a quarterly review is taken to decide which companies comprise the Germany 30.

Financial spread betting provider City Index currently offers 1 point spreads on all of the above indices during market hours. For details visit http://www.cityindex.co.uk/1point-spreads/.

Alternatively, find out more information on spread betting and learning to trade with City Index at http://www.cityindex.co.uk/learn-to-trade/.

Spread betting and CFD trading (http://www.cityindex.co.uk/cfd-trading/) are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.

SOURCE City Index

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