Custom Spread Betting
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New Range of Flexible Bets Will Further Widen Appeal of Trading Financial Markets
IG Index, the UK's leading financial spread betting firm, has launched a new range of betting opportunities under its ‘Custom Bets’ banner. Designed to complement the company's traditional financial spread betting business and the more sophisticated binaries, Custom Bets give clients the ability to construct a tailor-made bet by using a graphical interface to set the parameters they want.
IG Index managing director Tim Hughes said that this will help open up the financial markets to a new group of traders. “This is something of a departure from the traditional dealing interface for IG Index, but we believe the Custom Spread Bets proposition opens up financial markets to a new segment of the betting community.
“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. Furthermore, the intuitive graphical slide bars give the utmost flexibility when looking to structure a bet to meet your requirements, as opposed to simply taking what the broker has to offer.”
Custom Spread Betting
The range of markets on offer includes the most popular indices such as the FTSE 100, DAX, Dow Jones and S&P 500, selected currencies as well as the price of oil. Depending on the type of bet chosen, clients can adjust up to five parameters including the target price levels, the bet's time of expiry and the size of the stake. As each adjustment is made, the potential payout is calculated in real time and clearly displayed.
Having pioneered financial spread betting in the 1970s, IG Index has always been at the forefront of innovation within the industry. In a recent study by Investment Trends, the company was judged to be the UK's number one financial spread betting provider.
About IG Index
IG Index is the world's leading financial spread betting provider, offering clients the ability to spread bet on over 7,000 shares listed on markets worldwide, along with indices, forex, commodities and treasuries.
Established in 1974, IG Index is part of IG Group (IGG.L), which employs in excess of 900 people and has offices in 14 countries worldwide.
IG Index Account
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Spread betting and CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit.
Only trade with money that you can afford to lose and make sure you fully understand the risks involved.
These trading products may not be suitable for all investors so seek independent advice.
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"Custom Spread Betting" last update by R Thomas, 23-Apr-2012
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
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