The firm recently introduced Guaranteed Stops in order to help spread betting account holders manage their risks more effectively. The firm has now tightened its pricing on a number of key FX markets.
April 19, 2012 (Newswire.com) - The firm recently introduced Guaranteed Stops in order to help spread betting account holders manage their risks more effectively. The firm has now tightened its pricing on a number of key FX markets.
Along with stock market indices such as the FTSE 100 and the Dow Jones, FX markets are some of the most commonly traded spread betting markets. As a result, Edmund Romehave introduced tighter spreads for their popular Euro/Sterling and Dollar/Yen Rolling Daily markets to just one point.
John Allen, spokesperson for edmundrome.com, says that the improved pricing will provide clients with access to some of the tightest spreads in the industry. "We have been working hard on all aspects of our service. Adding Guaranteed Stops was a great way to improve our service and help our clients with their risk management strategies. We felt that the next step was to improve the pricing on key FX spread betting markets," he said.
"We already offer one point spreads on the FTSE 100, DAX 30 and Euro/Dollar markets. Tightening the spreads on the Euro/Sterling and Dollar/Yen markets from two points to just one point means that spread bettors can now speculate on a range of markets with some of the tightest spreads around."
Tighter spreads are important for investors as tighter pricing means that a market doesn't have to move as much before a trade can closed for a profit.
However, even with tighter spreads, financial spread betting carries a high level of risk to your capital. It may not be suitable for all investors. It is possible to lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
About Edmund RomeGh.mb
Based in Brussels, and with offices in the EU, Geneva, Moscow, Edmund Rome investors can trade more than 2,000 financial markets. The wide range of trading opportunities covers FX markets, stock market indices, commodities, bonds and interest rates as well as shares listed in the UK, America and many other countries.
Edmund Rome offers commission free trading and lets investors speculate on whether the markets will go up or down. Clients can also access a range of charts and research data.