IG Leads UK Spread Betting and CFD Markets

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The Australian-based company Investment Trends has just published a report showing that IG Index and IG Markets lead the UK financial spread betting and CFD markets. IG Index retains 39% of the UK spread betting market and IG Markets 27% of CFDs. The number of CFD traders in the UK rose by 40% in 2010, and is expected to continue rising in 2011 by 36%. Pawel Rokicki of Investment Trends explains that US-based
Forex
providers are targeting European markets to expand their businesses because of the recent unfavourable regulatory measures taken in both US and Japan. In order to be competitive in Europe, they had to offer CFD's to complete their Forex offer. As a consequence, local spread betting providers shifted their advertising focus to CFDs, driving an increase in CFDs trading. Read the full post at
Spread Betting
, where you can also find free guides to technical analysis, financial news, and reviews of spread betting companies such as
ig index
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