32Red, one of the leading UK gambling companies, has announced a deal
with an authorized company to launch a new spread betting platform, Spreadbet.
The idea of the new platform was borne through a partnership with CMC Markets
UK Plc and CMC Spreadbet Plc, both of which are regulated and authorized with
the UK Financial Services Authority.
Spreadbet will offer contracts for difference (CFD's) and financial spread
betting, an area that has clearly taken off in the gambling market.
Group Directors Partner of CMC Markets, Marc Aspinall, commented on the deal
and said: "We are delighted to be working with 32Red. Our Introducer Agreement
enables 32Red customers to access our full portfolio of financial trading tools,
and we are excited about expanding our extensive product portfolio to a wider
audience."
The Gibraltar based 32Red Plc. operates, among others, the award winning
online casino site 32Red that has been voted Best Casino for six consecutive
years since 2003.
"Our agreement with CMC Markets enables us to offer an exciting new group of
products to our customers," said 32Red's Trading Director, Martin Saunders.
"Trading on financial markets is rapidly growing and we believe this will prove
to be a popular addition to the 32Red experience."
"I am delighted to partner with a global operator such as CMC Markets and
32Red Spreadbet, available online at www.32RedSpreadbet.com,
is a first of a number of new products we aim to launch in the early part of this year."