Barclays Stockbrokers Sees Increased Investor Appetite for Apple Following Launch of Ipad3

20 March 2012

Commenting on client trading volumes following Apple’s release of its iPad 3 last week, Paul Inkster, Head of Product at Barclays Stockbrokers, said: “As the iPad3 launched, we saw our client CFD/FST trading volumes in Apple increase by 70 per cent on Wednesday 14th March compared to the previous day, with the stock accounting for 17 per cent of the total equity trades for CFDs/FSTs on that day. In addition, by Thursday 15th March, CFD/FST trades in Apple were up 53.5 per cent on the previous week.

“In 2011, Apple was the most popular traded international stock with clients using the Barclays Stockbrokers International Trader platform accounting for 3.33% of all international trades placed throughout the year (01 Feb - 31 Dec 2011 inclusive), with 77% of all trades in the stock being purchases.”

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