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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. |
| Lloyds Banking Group shares: Consensus Buy |
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| Written by Will Peters | |
| Tuesday, 02 November 2010 15:30 | |
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Consensus opinion currents reflects an optimistic view, denoting a buy.
It has been a tough days trade for Lloyds Banking after this mornings Interim Management Statement. Keith Bowman, Equity Analyst at Hargreaves Lansdown Stockbrokers commented: "A modest improvement in bad debt impairments is expected during the second half, whilst costs continued to be squeezed. The ratio of 'deposits to loans' remains on an improving trend, while success in the funding markets underpins confidence that the bank will eventually exit current Bank of England support. "On the downside, loan impairments in Ireland have yet to take a turn for the better, whilst the hot Australian property market is generating some difficulties of its own. Furthermore, overall demand for loans remains subdued, whilst the positive trend in bad debt provisions is dependent on overall economic success. "In all, today's update provides few surprises, with earnings estimates likely to remain unchanged. As such, with Lloyds' shares remaining something of a proxy vote on the outlook for the UK economy, consensus opinion currents reflects an optimistic view, denoting a buy." Lloyds Banking Group has had its 'market perform' rating maintained by brokers Keefe, Bruyette & Woods in the wake of the UK banks latest trading update. The brokerage set 78p a share as their target share price. Lloyds Banking Group shares are currently undergoing a sell off this morning, but this is only widening any potential upsides for the savvy investor. |
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| Last Updated on Tuesday, 02 November 2010 15:32 |
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.