Barclays Stockbrokers launches financial spread betting

Tuesday, 21 November 2006 12:00

Barclays Stockbrokers has launched a financial spread betting and professional trader platform.

The new financial spread trading facility offers investors the ability to speculate on the direction of future price movements of various underlying financial instruments including indices, currencies, commodities, equities and their associated options by indicating the amount they wish to bet on each point movement.

But Barclays points out financial spread betting is a high risk activity and investors can lose more than their initial investment.

The soon-to-be-launched professional trader platform, offers investors an integrated suite of dynamic, customisable, expert-grade financial tools to help traders to predict, and analyse the market.

The system will provide free level two data for investors that trade on average more than seventy five times in a calendar quarter.

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