Three Spread Betting Contingencies for When Your Internet Connection Fails

Author
SySAdmin
Posted
February 28, 2011
Views
1274

Page All:

Page 1
Three Spread Betting Contingencies for When Your Internet Connection Fails

LONDON, February 28, 2011/PRNewswire-FirstCall/ --     As any regular computer user knows, technical problems can be a common
occurrence. Crashes, internet failures and power-cuts can all happen at the
worst possible times, whether you are typing up an important document or
placing a financial trade. Spread betting provider City Index (
http://www.cityindex.co.uk/) offers these pieces of advice for when your
computer is not acting the way it should.

    iPhone(TM) spread betting and mobile trading

    City Trading(TM), the live spread betting iPhone(TM) app from City Index,
offers all the key features of an online trading platform. The iPhone and
other smartphones are constantly connected to Wi-Fi or 3G, so you should be
able to access the platform and execute a trade within moments. The app is
also available for Android and BlackBerry phones. Learn more at
http://www.cityindex.co.uk/trading-platform/.

    Stop losses and limit orders

    Financial spread betting providers such as City Index offer an extensive
range of order types to add greater flexibility to your trading. Stop losses
and limit orders are trading tools that allow you to automatically open,
close, or amend your spread bets at predetermined prices. These should be
used by all traders, regardless of whether they expect something to go wrong
with their computer or not, because you never know what is going to happen to
the markets.

    Telephoning the provider directly

    You can call most spread betting providers' trading desks direct to place
spread bets or orders over the telephone. Although a useful option, this is a
less instant way of spread betting than mobile or iPhone trading platforms.
That said, you can never have to many contingency plans, so always keep your
spread betting provider's telephone number written down just in case. The
City Index trading desk can be contacted at 0845 355 0801.

    To find out more about the range of mobile spread betting apps from City
Index, visit:

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

    To find out more about stop losses, limit orders and other spread betting
terms, visit the City Index spread betting glossary at:

    http://www.cityindex.co.uk/learn-to-trade/glossary.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.

    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.

    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.

    For more information visit http://www.cityindex.co.uk/

Source: City Index

Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk; Jonathan Smith / Alex Nekrassov, New Century Media,
Tel: +44(0)20-7930-8033, Email: jsmith[at]newcenturymedia.co.uk /
alexnekrassov[at]newcenturymedia.co.uk

Title

Medium Image View Large