This week, Global Trader 247, the leading international Spread Trading company, launched its upgraded and re-engineered website, building on the success of its previous award-winning offering.
The website www.gt247.com, designed in South Africa but soon to be operating world-wide, is a good example of a business that runs on the backbone of the networked economy.
Now in its third generation, the site and the infrastructure behind it is highly focused on optimised trading tools and related services for traders. In just 18 months the site has been redesigned three times - an indication of how quickly the business is growing.
Spread Trading or Contract for Difference trading (CFD) exposes investors to the change in value of an asset without them ever owning the asset. Investors take a position on whether they think a certain share, index, interest rate, currency or commodity will appreciate or depreciate over time, and are able to act on this view by going either long (buying) or short (selling) that asset. The entire process takes place on-line and in real-time.
Says Charles Savage, director of operations at Global Trader 247: "The site is the window to the world of Global Trader 247 and caters for a set of different user levels - novices, simulated users and then to actual users.
"We bring investment products that are not normally available to direct investors and are, essentially, market makers. We don`t offer advice - we simply provide a facility whereby individuals can try their hand at trading the markets. An account is opened in the client`s name in a trust account that earns interest when they are not trading. We provide two prices at which investors can buy or sell our products," he says.
Investors can either sign up on the web and have their transactions processed there in real time, or make use of the company`s sophisticated call centre to trade.
"The site`s functionality sets it apart from its competition locally and internationally. Users not only get the information or knowledge base needed to make Spread Trading decisions instantly, but are provided with the tools to act upon those decisions and see the results immediately. On all levels of interaction, it is a real-time business-enhancing product," says Savage.
Global Trader 247`s South African CFD product list includes 30 of the most actively traded JSE shares and the ALSI and INDI indices.
Equity derivatives, such as Global Trader 247`s equity based CFD`s, are used as tools by Investors to leverage their investments and to short sell securities.
International equity Indices include, for example, NASDAQ , Dow Jones, CAC and DAX. International currencies include EURO/$, GBP/USD (but no USD/R). Other products offered by Global Trader 247 in either the simulated or live trading applications are bonds and commodities.
Savage concludes, "The new website is the product of collaborative work and process re-engineering over a period of two years and involved input from many people who actually use the site."
To view site got to http://www.gt247.com/
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