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.
Tags: gft, GFT Global Markets, GFT UK




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