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Bet Dublin!!

 

Updated : Sep 11, 2009

Spread bettors have been diving into a fantasy spread betting game in which traders pit their skills against each other to win prizes. The game has attracted hundreds of players in the last couple of weeks since its launch on 13th of August. A Dublin-based trader, username FionnualaR2, was the winner and successfully turned €10,000 of virtual money into €82,000 over the course of the competition.
The trading game encouraged players to trade on all markets and the results were judged on the account valuation for registered players at the end of the term on August 28th.
Prizes for the competition included a £1,000 funded account, subscriptions to the FT.com as well as a number of trading books. Most traders were eager to update the scoreboard and a list of all the top players were updated daily on the site. The game was open to all demo account holders registered on www.paddypowertrader.com.
Irish-based financial spread betting firm, paddypowertrader.com, says that it has watched spread bettors grow their balances by opening long and short positions on a number of markets including Oil, Gold, FTSE, DJIA etc since the demo spread betting competition began.


“The fantasy spread betting game was really an exciting challenge for many of our traders. We were delighted to see so many people take up that challenge and get involved. Using blogs, real time news and other tools, a lot of the traders were able to acquire high scores. The trading by the winner, FionnualaR2, was particularly interesting to watch. It just goes to show you how much can be done when traders compete against each other. We see this as another integral part of our developing consumer user experience,” said Davin McAnaney, Commercial Manager of paddypowertrader.com.

paddypowertrader.com launched in the summer of 2007 enabling clients to take advantage of the many benefits of financial spread betting, including being a tax–free alternative to trading shares and financial markets. The product continues to grow in popularity in the UK and Ireland, amongst not only financial industry professionals, but also amongst those with an interest in the stock market.

 

 

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