London, UK -- (SBWIRE) -- 04/14/2010 -- City Index (http://www.cityindex.co.uk), a global leader in spread betting, contracts for difference and margined FX, has launched the first live spread betting and CFD trading app for iPhone and iPod Touch. This application is City Trading and it provides City Index clients with full access to their account whenever and wherever they want it. Judging by consumer reaction and more than 27,000 mobile trades since its launch five months ago, the free application appears to have been well-received.

"I now trade CFDs live on my iPhone". "Great app with all the features of my platform and more". "Ideal for monitoring positions while on the move". "I can now manage my CFD trading at work which is fantastic, as my company PC blocks the website". Add a range of 5-star ratings to the positive feedback, and it becomes clear that City Trading is already making significant waves. So what is it about the application that makes it such a useful tool in the world of spread betting and CFD trading?

Joshua Raymond, market strategist at City Index, believes that City Trading's success is based upon the freedom of movement it affords traders. He said: "Giving spread betters the ability to trade whenever they want and wherever they are is completely where we feel the industry is going. No longer are [customers] restricted to trading CFDs and making spread bets in front of the computer." One glance at the glowing reviews for City Trading would suggest that the industry agrees.

CEO of the spread betting provider Martin Belsham agrees: "The launch of the City Trading App underlines our commitment to cutting-edge technology and product innovation. We believe this is the most user-friendly mobile trading app in the market and gives our clients the opportunity to trade what they want, when they want, wherever they want."

The application uses the revolutionary iPhone and iPod Touch to offer users smooth and intuitive access to a number of spread betting and CFD trading features, including the latest prices and market movements; the opening and closing of positions and any pending, completed and cancelled orders.

In City Trading, City Index has delivered the first spread betting and CFD trading application where its competitors simply offer a mobile version of their online trading platforms. City Trading has been developed specifically for iPhone to balance advances in technology with an intuitive design - in doing so delivering an enhanced trading experience and positioning City Index firmly as the best-in-class mobile trading provider today.

About City Index
City Index Group is one of the leading global providers of retail trading services, transacting in excess of 1.5 million trades per month for the group’s customers around the world. City Index trading platforms give access to thousands of derivatives on global financial markets, including; Spread Betting, Contracts for Difference (CFD) Trading and margined Foreign Exchange (FX), 24 hours a day, 7 days a week.

The Group trades primarily under the City Index, Finspreads and FX Solutions brands and also provides a fully outsourced white label solution to numerous partners.

For more information, just visit http://www.cityindex.co.uk