|Gibraltar-based online gaming provider PartyGaming has signed a deal with leading leveraged retail derivative trader City Index Group to launch PartyMarkets.com, an online trading platform for customers to trade contracts for difference in the UK, Europe and Asia.|
Under the terms of the deal, City Index will develop the site and provide UK residents with the additional option of financial spreadbetting.
“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,” said John O’Malia, Group Managing Director for PartyGaming.
“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.”
“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.com offer over the coming months,” said Clive Cooke, Chief Executive for City Index.