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The Spread Betting Comparison Chart gives insight into the various providers according to the value added services they bring their clients.
Be it market updates, iPhone App's, customers support, technical tools - they judge the providers according to the effort they have put into their offerings. |
Spread Betting Market News
| Capital Spreads manages to stay ahead of White Label partners | | Print | |
| Written by Will Peters | |
| Wednesday, 18 August 2010 10:33 | |
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Volatile markets has seen more client money fill the coffers of the spread betting and CFD trading provider. London Capital reported revenues of £20.9m for the first half of 2010, an increase of 61 per cent versus the same period last year. UK financial spread betting constituted 77% of Group revenue in the period (2009: 73%). Interestingly Capital Spreads have shown that revenue per client fell significantly in 2009, the period was notable for the recovery in active client numbers and funds on account from the low point of March 09 to new highs at the beginning of 2010. Also of interest to the spread betting community is that the companies white label partners saw increased activity. White label trading volumes continue to gain ground over Capital Spreads as a consequence of their overall numbers but Capital Spreads still remains the biggest single provider generating 42% of total trade volumes. London Capital white label partners include PaddyPowerTrader and Tradefair. There was a reportedly strong UK Spread betting performance: * Total UK financial spread betting accounts up 29% to 57,890 (H1 ‘09: 45,000) * 22% increase in average trades per day to 31,894 (H1′09: 26,208). * Net revenue per active client increased 75% to £1,051 (H1′09: £599). Commenting on the results, Simon Denham, Chief Executive, said: "I am pleased to report that the Group enjoyed better trading conditions in the first half of 2010 and it was a period of significant developments for LCG. "The continued growth in our core business as well as the launch of our CFD platforms gives us many reasons to be optimistic. Whilst we are mindful of the economic climate we are confident that our new product offerings will place LCG in a strong position for the longer term." |
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| Last Updated on Wednesday, 18 August 2010 10:37 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
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Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.