Press Release – GFT Global Markets
October 17, 2007admin No Comments »GFT Global Markets UK Ltd., a world leader in online derivatives trading, has increased its index offerings, further establishing the company’s global range of products for spread betting and CFD customers.
The new initiatives include nine new indices, tighter trading spreads and competitive pricing, lower initial margins, as well as expanded “out of hours” trading on more indices.
“Our goal of helping customers trade more markets for less is only the beginning of the changes we are making to benefit customers trading CFDs and spread betting in stock index products,” said Simon Mansell, COO, GFT Global Markets.
GFT Global Markets stock index offerings include:
New markets
Nine new global indices have been added, including the Korea 200, China H-Shares and Mexico 35. GFT Global Markets now offers 29 indices from more than 20 countries – among the most indices offered by any CFD or spread betting provider.
Tighter spreads
Overall spreads for index products have been reduced, and now begin at just 0.3 index points. The popular US SPX 500 cash index is now quoted at just 0.5 index points.
Lower margins
Initial margin requirements for all index products have been reduced by half or more. Customers can now trade with initial margins as low as 0.5% on indices including the German 30, France 40 and Australia 200.
Expanded 24-hour trading
GFT Global Markets’ popular “out of hours” trading has been extended to 16 of the most commonly traded index products, so customers can trade selected indices 24 hours a day. Markets with 24-hour trading include the UK 100, US SPX 500, Wall Street 30 and Japan 225.
“Stock index trading is extremely popular, as it provides a way to take a position on the direction of a large group of shares with a single order,” said Mansell.
“With the popularity of 24-hour trading in our other markets, such as spot forex, we knew that widening our trading hours for stock index CFDs and spread bets would provide even more flexibility and prove to be just as popular.”
Tags: CFD, GFT Global Markets, spread betting




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