Spread betting firm Spreadex has upgraded its Twitter feed to include up-to-the-second alerts on stock movements and links to breaking equities news to help its clients keep on top of the markets.
The feed includes around 20 Tweets a day on fast falling or rising share prices as well as links to news stories which could potentially cause volatility in certain stocks.
In addition, the Spreadex feed sends out updates on all global macroeconomic figures as they are announced together with charts displaying the historical performance on that particular piece of financial data.
Investors, spread betters or share traders can follow the feed via www.twitter.com/spreadexfins
Spreadex spokesman Andy MacKenzie said: “It’s important for Spreadex customers to keep on top of all the market developments and this enables spread betters to see which stocks are moving on a certain day and why.
“At Spreadex we have an extensive range of global share prices available to trade on as well as specialist coverage of UK-non 350 or AIM stocks all at attractive margin rates and available to trade via credit, subject to client status.
“Share trading via financial spread bets is growing in popularity given the fact that profits are currently free from Capital Gains Tax or Stamp Duty, although tax laws could well change in the future, and because traders can profit from prices falling as well as rising, which you cannot do with traditional share buying.
“We hope to expand our stock alert service soon to include more tailored sector or stock specific alerts either via email or SMS and to also create alerts for volatility in indices, FX and commodity prices.”
The stock alert function follows Spreadex recently expanding into 24 hour trading, cutting spreads to 1 point on some of its popular financial spread betting markets and launching an upgraded online platform with customisable trade tickets and one-click dealing.
About Spreadex: Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the longest established 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-104580-004.
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