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About Us: Press Releases
GFT Global Markets UK Expands Derivatives Product OfferingsLONDON, Jan. 30, 2007 - GFT Global Markets UK Ltd. has expanded its global product offerings for online financial derivatives trading, ranging from new European indices to additional Australian individual equities. The spread betting, CFD and spot forex provider, which officially opened for business in the third quarter of 2006, has realised a significant increase in the number of customers and trading volume, as many UK and European investors turn to alternative methods of speculation. The increased global demand prompted GFT Global Markets to not only expand the number of products that are available to its CFD and spread betting customers, but also to enhance its customer tools and services that are unique to the company’s platform. CFD markets now available through GFT Global Markets include:
Due to overwhelming demand, GFT has also expanded its industry leading execution system to include guaranteed stops on 22 currency pair CFDs and spread bets. Traders can place guaranteed stops (for an additional fee) on some of the most commonly traded pairs, including the EUR/GBP, GBP/USD and EUR/USD without having to worry about extreme market movements. GFT’s advanced risk-management systems automatically adjusts margin requirements to reflect the limitations on risk that are offered by guaranteed stops. “This product and service expansion corresponds with GFT Global Markets’ commitment to providing our customers with the widest range of financial derivatives” said Gareth Thomas, Head of trading, GFT Global Markets UK Ltd., “thus allowing our customers to trade the financial instruments in which they are most interested.” All products can be accessed through GFT Global Market’s free award-winning trading platform, DealBook® 360. The platform offers real-time pricing and order execution for many financial products, which can be traded as spread bets, CFDs and spot forex. In November 2006, GFT Global Markets was named 2006 Best Foreign Exchange Broker by Shares magazine. About GFT Global Markets UK Ltd. Based in London, GFT Global Markets UK Ltd. is a wholly owned subsidiary of the leading U.S. forex and futures dealing firm Global Futures & Forex, Ltd, and a related company to the world–leading online forex dealing firm Global Forex Trading. This advantage allows GFT Global Markets to leverage the same pioneering trading technology and dealing practices GFT has developed since 1997. Originally created to deliver online foreign exchange trading, GFT Global Markets UK Ltd. provides the same award–winning trading technology as Global Forex Trading through DealBook® 360, which is designed for trading online spot foreign exchange, contracts for differences and financial spread betting. GFT Global Markets UK Ltd. is authorised and regulated by the Financial Services Authority. For more information, visit www.gftuk.com.
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