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Last updated on April 17, 2014 at 17:30 EDT

Spread Bet the FTSE 100 as UK Borrowing Rises in June

July 20, 2012

LONDON, July 20, 2012 /PRNewswire/ –

The Office for National Statistics (ONS) said today [Friday 20 July] that public
sector net borrowing – excluding interventions such as bank bailouts – had risen to
GBP14.4 billion in June 2012, up GBP500 million from GBP13.9 billion in June 2011.

Looking at this news out of the UK, we consider how you can take a position on the
FTSE 100 index with the potential to profit when it both rises and falls, through a
financial spread betting account [http://www.cityindex.co.uk/spread-betting ] from City
Index.

Borrowing Rises GBP14.4 billion in June

The ONS report showed that public borrowing in the UK had risen to GBP14.4 billion for
the month of June, showing a GBP500 million rise from the same month last year.

Previously, analysts had forecast a much lower figure for public sector net borrowing
of GBP13.4 billion; a GBP1 billion difference.

Looking forward on the year as a whole, a Treasury spokesman said that it was ‘too
early’ in the financial year to draw conclusions.

Adding: “This is volatile data and is prone to revision.”

Spread Betting the UK Index with City Index

Unlike traditional trading, financial spread betting
[http://www.cityindex.co.uk/spread-betting/what-is-spread-betting.aspx ] enables investors
to take a position on the FTSE 100 index for only a small percentage of the full value of
the market.

Allowing easy access to over 12,000 spread betting markets – you could trade across
not only indices, but shares, commodities, currencies and more.

Profit from a Falling Market

If you expect a market, such as the FTSE 100, to fall – you can take a position on its
future price through the City Index spread betting platform. Available online, you can
also trade on the move with their spread betting mobile app, City Trading(TM).

In the event you expect a market’s price to fall, you can go short and sell. If the
market moves in your favour and falls, you will profit in line with price changes in the
underlying market.

Alternatively, if you expect a market’s price to rise, you can go long and buy. If the
market moves in your favour and rises, you will profit in line.

However, in both examples if the market moves against your position – rises or falls,
respectively – you could incur losses greater than your initial deposit.

Ensure you fully understand the risks involved through researching your market,
analysing trends and utilising the suite of trading education tools and resources
available to City Index clients, including:

        - Webinars
        - Seminars
        - Technical Analysis Tools

Start Financial Spread Betting

To start spread betting across a range of trading platforms – including mobile – you
can apply for a spread betting account
[http://www.cityindex.co.uk/spread-betting/start-spread-betting.aspx ] with City Index
through their website: http://www.cityindex.co.uk

Read More Spread Betting Tips

If you found this article helpful, you may want to read more just like this. You can
access a range of free spread betting tips [http://www.cityindex.co.uk/spread-betting-tips
], guides and articles through the City Index website.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives,
and many of them are discovering them through a City Index trading platform.

As a group, we transact in excess of 1.5 million trades every month in over 50
countries. We provide access to a wide range of instruments including margined foreign
exchange, CFDs and, in the UK, financial spread betting
[http://www.cityindex.co.uk/spread-betting ].

We constantly look to improve the performance of our platforms and expand our range of
services. The result is our customers benefit from innovative trading tools with
transparent pricing, competitive spreads, and a high standard of customer support. Visit
http://www.cityindex.co.uk for details.

SOURCE City Index


Source: PR Newswire