A New Range of Flexible Bets Will Further Widen Appeal of Spread Betting
IG Index, Britain’s leading online spread trading company, has launched new spread trading opportunities with its ‘Custom Bets’ section. Introduced to complement the spread betting firm's more traditional financial spread trading business as well as the more sophisticated binaries, Custom Bets allows clients to make a tailor-made trade by using a graphical interface to enter the parameters they desire.
Tim Hughes, managing director of IG Index, said: “This is something of a departure from the traditional dealing interface for IG Index but we believe the Custom Bets proposition opens up financial markets to a new segment of the trading community.”
Custom Spread Bets
The breadth of financial markets offered includes the more popular indices such as the Dow Jones, FTSE, S&P 500 and DAX, selected forex pairs and the price of oil.
Depending on the type of trade chosen, spread bettors can manipulate as many as five parameters including the target price levels, the size of the stake and the trade's expiry time. As each adjustment is made, the prospective payout is calculated and then clearly displayed in real time.
“Working along the lines of a traditional fixed odds bookmaker, the stake and maximum return are known at the outset, although clients can still trade out of their position before expiry if they want to” Hughes added.
“Furthermore, the intuitive graphical slide bars give the utmost flexibility when looking to structure a trade to meet your requirements, as opposed to simply taking what the broker has to offer.”
After pioneering spread trading in the ‘70s, IG Index always stays at the forefront of innovation within the spread betting industry. In a recent study by Investment Trends, IG Index was named Britain’s top spread trading provider.
IG Index
IG Index was established in 1974 and is part of IG Group (IGG.L), which employs over of 900 people and has offices in 14 countries across the world.
IG Index is the world's leading provider of financial spread trading. They offer clients the ability to trade on over 7,000 global shares, as well as indices, forex pairs, commodities and treasuries.
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Custom Spread Bets' by DB, updated 08-May-12
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Risk Warning:
Please note that spread betting and CFD trading carry a high level of risk to your capital. You can lose more than your initial deposit. These products may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
