Spreadex Expands its Range of Indices Markets

LONDON, March 3, 2011 /PRNewswire/ -- Due to high demand for trading indices, spread betting firm Spreadex has launched five new indices markets to trade. It is now possible to trade the Portugal 20 (PSI 20), Netherlands 25 (AEX 25), Belgium 20 (BEL 20), Germany Tech (TecDAX) and the Spain 35 (IBEX 35.

Further to the introduction of several new indices, this week Spreadex has cut the minimum stake sizes for several of its currency markets. It is now possible to trade over 10 separate currency pairings from 10p a pip.

Spreadex spokesman Matthew Heywood said: "The updates we have made to our FX trading offerings have made us exceptionally competitive in the industry. We have seen a rise in those wanting to trade currencies in recent months and want to offer our clients a comprehensive and value-for-money FOREX trading platform." http://www.spreadex.com/Financials

Spreadex also made several key developments at the start of February in its sports betting provision including the introduction of live 10-3 matchbets on selected golf tournaments and in football spread betting introduced Corners, Shirts and Shirt Supremacy markets now offered pre-match on all Premier League games. http://www.spreadex.com/Sports

Spreadex has always been focused on actively researching and communicating with its client base to provide its platform with the functionality and markets that its clients demand. Last year the firm introduced their mobile sports betting platform, extensive fixed-odds betting markets, several new currency pairings and made several large spread cuts. http://www.spreadex.com/

About Spreadex: Spreadex Ltd is a financial and sports spread betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the most experienced spread betting firms in the industry with a strong reputation for its high level of customer service and account management.

Editor's note: In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Services Authority.

Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved. In relation to fixed odds, Spreadex Ltd is licensed and regulated by the Gambling Commission under licence number 000-008835-R-104580-002.

Spread betting is not currently subject to UK stamp duty or capital gains tax. However, tax laws may well change in the future. Tax treatment depends upon the individual circumstances of each client.

Contact: Matthew Heywood, matthew.heywood@spreadex.com, +44(0)1727-895-081