PartyGaming launches financial spread-betting platform

PartyGaming today announced the launch of its new financial spread-betting platform PartyMarkets.com, the product of an exclusive partnership with City Index.

City Index will work to offer PartyGaming customers access to financial markets around the globe, allowing them to trade in contracts for difference (CFDs), while UK residents will also be offered the option of financial spread betting. Clive Cooke, Chief Executive of City Index, said: “We are delighted to be working with PartyGaming in opening up the financial markets to a wider audience, and are excited about developing what we expect will prove to be popular new products as part of the PartyMarkets offer over the coming months.”

Commenting on this unique development in the world of online gaming, John O’Malia, Group Managing Director at PartyGaming, said: “Our agreement with City Index enables us to develop an exciting new group of products for our customers that will be exclusive in the online gaming market. Derivative trading on financial markets is already a multi-billion dollar market and we believe this will prove to be a popular addition for our customers.”