CityIndex Australia

Submitted by Share Trading on 29 January, 2010 - 14:36

City Index provides retail CFD trading services in Australia. City Index was first established in 1983 as one of the UK’s first spread betting providers. In 2001, CityIndex launched their CFD financial product in the UK. In 2006, they opened an office in Sydney Australia. As a Group, City Index executes over 1.5 million trades per month on behalf of their clients, making them one of the largest providers of derivatives trading to the retail market. City Index is part of IPGL: a privately owned company with a substantial shareholding in the world's leading derivatives broker ICAP plc.

City Index is a market maker CFD provider but they claim that they provide "transparent pricing, competitive spreads and aggressive margins". CityIndex CFD trading products provide an accessible way to trade the price movements of equities, indices, currencies, precious metals, commodities, and more. They have offices in Sydney, Singapore, Shanghai, London, Boston and New Jersey. Their CFD products have been designed specifically for retail and small institutional clients.

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