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City Index cuts spreads: Nothing to distinguish between top players PDF  | Print |  E-mail
Written by Will Peters   
Wednesday, 21 April 2010 10:17

Yesterday saw City Index run a campaign in the morning papers highlighting that fact that they have cut their spreads on the more popular spread betting markets.

The FTSE 100, Germany 30, Wall St and France 40 spreads on the City Index platform have all been cut to 1 point for the duration of market hours.

City Index follows in the footsteps of PaddyPowerTrader who on Wednesday the 14 April announced a spread cut.

So, for those looking to start spread betting, or looking to change provider, spreads are starting to become irrelevant. 

Hence the need to compare spread betting 
providers on the value added they offer >>


The PaddyPowerTrader cut follows cuts announced at the largest UK spread betting provider IG Index who have recently cut their spread on the UKs most popular spread betting markets.

The cuts appear to be informed purely by marketing needs, as a PaddyPowerTrader employees said - the decision to cut the spread on the FTSE 100 was a marketing one and offers insight into just how competitive, and indeed oversubscribed, the spread betting market in the UK has become.
Last Updated on Wednesday, 05 May 2010 09:22
 

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