gnuTrade launches iPhone app that lets you bet on markets

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March 2009 –

Online financial trading company gnuTrade has introduced the first iPhone app in the world that offers betting on global markets.

The innovative web app, which is featured on the Apple website, gives iPhone users an instant view of how financial markets are performing, and lets them place simple bets on whether prices will rise or fall. The app complements gnuTrade's acclaimed web-based trading platform (http://www.gnutrade.com), using its signature graphics to show live market price action, but via a handy touch-screen device.

Lieven Van Marcke, managing director and founder of gnuTrade, says: "The ground-breaking launch of the gnuTrade iPhone app means customers have greater choice in how they view and trade the global markets. They can bet with play or real money just like gnuTrade online, but now have the ability to trade from practically anywhere, using a convenient mobile platform."

All iPhone players receive a virtual trading currency of 10,000 'gnus', which they can use to bet on real-time, live prices. Markets available include stock indices (e.g. FTSE 100, DOW, NASDAQ), currencies (e.g. GBP, YEN, EURO), commodities (e.g. oil and gold) and bonds (e.g. Bond 30, Bund 10).

New players who sign up through the app can also login to www.gnuTrade.com from any computer to view their complete trading history, try out gnuTrade's full trading platform and different ways to bet, and fund their real money account.

To get the app for free on your iPhone, simply enter http://iphone.gnutrade.com on your iPhone's Safari browser, and add the app to your homescreen.

Anyone who is interested in experiencing virtual trading with gnuTrade's unique game-like platform can access a free play-money guest account at www.gnutrade.com, and no sign up is required.

ENDS

Notes to editors:

• gnuTrade (pronounced ‘noo trade’) is the first financial gaming site to use striking graphics to represent the live global markets. This means that price movements are easy to follow and players gain a better, more enjoyable trading experience. The site offers novel, simple ways to bet on the markets or other players and clear trading guides for those who are new to trading or want to improve their skills. Users must be aged 18 years or older.
  
  
• gnuTrade’s iPhone web app can also be accessed via the Apple web app store, and can be found under the 'utilities' category (http://www.apple.com/webapps/utilities/gnutrade.html). Apple provides links to its web applications as a courtesy, and makes no representations regarding the applications or any information related thereto. Any questions, complaints or claims regarding the applications must be directed to the appropriate software vendor.