Who Are Today's Spread Bettors?

LONDON, June 24, 2011 /PRNewswire/ --

Financial spread betting is in constant flux. As the technology and the markets change, so too do the traders themselves. Joshua Raymond of spread betting provider City Index (http://www.cityindex.co.uk/) has noticed a shift in traders' profiles over the last decade.

"Ten years ago, the standard spread bettor would be 45 years old, male and have actively worked in the city. Today, they are slightly older at 48, still male and with a share dealing background but their backgrounds are much more diverse."

The change in spread bettors' identities is undoubtedly caused by greater accessibility offered by spread betting providers such as City Index. Thanks to changing technology, such as the prevalence of smartphones such as Apple's iPhone™, it is easier for traders to trade whatever, wherever, whenever. City Index offer a dedicated spread betting iPhone app, City Trading™, for spread betting and CFD trading on the move.

To learn more about the range of mobile trading platforms offered by 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.

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.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

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, financial spread betting.

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

SOURCE City Index

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