GFT add Sector Trading for CFD and Spread Bet UK Cash Index Markets

July 21, 2010Andy No Comments »

GFT UK have announced that they have introduced sector trading for CFD and spread bet UK cash index markets. The new markets are officially recognised indices based on groups of shares within the UK top 350 companies. GFT UK will be offering more than 25 sectors to trade.

Sector Trading Benefits

# Can be an excellent way to discover trends within a larger index, such as the UK350.
# Can attempt to take advantage of the cycles of certain industries such as banking, transportation, mining, pharmaceuticals or real estate, which may perform quite differently than the index as a whole.
# The ability to capture specific industry trends and cycles of potentially less volatile sectors of a larger index.

GFT Benefits

# More than 25 UK sectors without commission so all you pay is the dealing spread.
# Spreads are typically only 0.45 percent of sector market value.
# Risk management features, including price alerts and real-time trailing stops.

The following sectors will be available to trade, after 25 July 2010 -:

Name (description) Symbol
UK 350 AERO & DEFENCE .UKNMX2710
UK 350 BANKS .UKNMX8350
UK 350 BEVERAGES .UKNMX3530
UK 350 CHEMICALS .UKNMX1350
UK 350 CONSTRUCTION & MATS .UKNMX2350
UK 350 ELECTRICITY .UKNMX7530
UK 350 ELECTRONIC EQUIPMENT .UKNMX2730
UK 350 INDUSTRIAL ENGINEERING .UKNMX2750
UK 350 FOOD & DRUG RETAILERS .UKNMX5330
UK 350 FOOD PRODUCERS .UKNMX3570
UK 350 HOUSEHOLD GOODS .UKNMX3720
UK 350 NONLIFE INSURANCE .UKNMX8530
UK 350 TECHNOLOGY HARDWARE & EQUIPMENT .UKNMX9570
UK 350 TRAVEL & LEISURE .UKNMX5750
UK 350 LIFE ASSURANCE .UKNMX8570
UK 350 MEDIA & PHOTO .UKNMX5550
UK 350 MINING .UKNMX1770
UK 350 OIL & GAS .UKNMX0530
UK 350 OIL EQUIPMENT .UKNMX0570
UK 350 PHARMACEUTICALS & BIOTECH  
UK 350 REAL ESTATE .UKNMX8670
UK 350 GENERAL RETAILERS .UKNMX5370
UK 350 SOFTWARE & COMP SERVICES .UKNMX9530
UK 350 EQUITY INVESTMENT INSTRUMENTS .UKNMX8980
UK 350 SUPPORT SERVICES .UKNMX2790
UK 350 FIXED LINE TELECOMMS .UKNMX6530
UK 350 TOBACCO .UKNMX3780
UK 350 INDUSTRIAL TRANSPORTATION .UKNMX2770
UK 350 GAS, WATER & MULTIUTILITIES .UKNMX7570

Comments: So GFT have introduced new spread betting instruments for UK top 350 sectors. Looks quite interesting for pairing such as long beverages/short real estate or long Electronics/short General retailers.

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