(1888PressRelease)
February 09, 2008 - Mark Knight, Director, will head the Broadgate[Financial services PR|http://www.bgate.co.uk] team supporting BetOnMarkets.com.
The site which was established in 1999, handles around 18,000 trades a day based on financial indices, UK and US equities and currencies. It had a turnover of $100m in 2007.
With fixed odds financial trading you can only ever lose your stake, no more. Yet high returns are possible but you only have to be right by one point to win the full value of your trade. With spread betting and margin trading your losses can be multiplied and large point moves are necessary to make a great deal of profit, as your profits are based on an amount per point system.
Trades can be bought on BetOnMarkets.com for between £1 and £25,000. There are no brokerage fees or commissions and profits are tax free in the UK.
"Personal account trading on the world's financial markets is growing apace", said Mark. "BetOnMarkets.com already has 30 per cent of its customers in the UK and there is a huge opportunity to grow this base with a concerted PR campaign," he added.
###
