BUSINESS

Oddschecker readies in-play offering; Mobile on City Index Xmas list

TAGs: City Index, Oddschecker, spread betting

oddscheckerOddschecker has announced a tie-up Push Technology as they ready the launch of live in-play betting odds on their comparison site. Launched on the eve of the Premier League season, Oddschecker’s new service will now benefit from enterprise messaging and Internet communications technology to support the launch.

“Working with Push Technology’s Diffusion enterprise messaging and Internet communication solution ensures that we can provide our customers with the latest prices at near zero latency,” commented Derren Maggs, General Manager at Oddschecker.

He continue, “Our new live in-play service is all about fast, reliable and efficient online data distribution, and we’re convinced that Push Technology sets the performance standard in this critical area.”

The new service will mean users of the site will be able to see the best in-play prices in the quickest possible time as they look for the best return on their money.

Amongst city lads financial spread betting has ballooned over the past year or so and the apps owe a debt of thanks to the iPhone. City Index is no different and as they announce an updated version of their app it has been revealed just how lucrative mobile trading is for spread betting firms.

Joshua Raymond, Chief Market Strategist at City Index, stated, “Since the release of City Trading™, the percentage of total trades placed on our mobile platforms has risen from less than 3% to 15%, which underlines just what an impact the City Trading™ app has had on traders’ behaviour.”

The new features include a live charting package as well as newsfeeds from Dow Jones Newswires. It comes after the spread betting specialists launched a Blackberry offering just this week.

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