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Industry data shows that more than 70 per cent of financial spread betters have either already used a mobile to place a trade or plan to do so within the next 12 months, the Evening Standard reports.
Furthermore, the proportion of people who said mobile phone access will be important to them when making a decision about which spread betting group to use doubled between 2009 and 2010.
To meet this burgeoning demand for spread betting tips on mobile platforms, companies are now producing a range of apps for Android smartphones and the iPad.
Mic Mills, head of electronic trading at ETX Capital, told the newspaper: "For most people, not being stuck to a laptop or computer has opened so many more opportunities."
Just over a year ago, City Index became the first company to launch a live spread betting and CFD trading iPhone app.
Posted by Chris Weaver
