APOLLO is a wholly automated equity research platform evolved and adapted for CFD and spread trading clients. It has been developed as a joint venture initiative between ICAP Securities, part of the world’s largest financial broking operation, and City Index Advisory, the full service CFD and Spreadbet specialist.

 

Exclusive to clients of City Index Advisory, APOLLO includes a convenient heatmap to visually display the relative daily performance of each company using a ‘traffic light’ system to highlight over 300 listed trades – long or short – on a daily basis.

 

In addition to the heatmap there is also a star-rating system covering up to thirty companies including a handful of the highest rated - five star stocks per day.  One of the current five star ratings is Astrazeneca with the stock trading at a discount of 11% to Apollo’s fair value measure.  In contrast Rentokil Initial was last week’s five star buy though it has now dropped off the list after realising a 6% gain.

 

 The APOLLO universe includes the largest 350 UK companies by capitalisation and the company plans to expand this selection to include overseas stocks later this year.

 

The investor can identify trading opportunities and place a CFD trade without leaving the web environment.  Investors can also place spread bets over the phone with the experienced dealers at City Index Advisory.

 

Richard Cunningham, Managing Director of City Index Advisory, said: