Spreadex Launch Daily Futures – Gold and Oil Spreads Cut

Spreadex has expanded its range of financial spread betting prices with the launch of new Daily Futures markets. The new markets cover indices and commodity trading and mean reduced spreads for investors on Gold, Brent Crude and Light Crude.

Spokesman Andy MacKenzie said: ‘Following the extension of our sports service to include fixed odds betting as well as spread betting, we have been working hard to also increase the range of financial markets available to our customers.’

‘We launched a selection of Exchange Traded Funds in March which have been very well received and are now pleased to offer a series of Daily Futures markets.’

‘These markets cover indices and commodities and basically mean a reduction in the spread widths on some key markets.’

‘Our clients can now trade Gold, Daily Futures with a 0.7 spread and Light Crude and Brent Crude, Daily Futures with a 6 point spread.’

Spreadex is now working on a similar project to expand the range of markets available on its ShortsandLongs financial spread betting platform.

Tags: ShortsandLongs, spreadex

This entry was posted on Tuesday, July 6th, 2010 at 5:25 pm and is filed under Broker News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.