Compare Spread Betting Companies
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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. |
| RBS, Lloyds Banking Group popular shorts with spread bettors |
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| Written by Sam Coventry | |
| Monday, 08 November 2010 16:26 | |
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Nomura suggest RBS shares are overvalued.
Lloyds Banking Group (LON:LLOY) shares are 2.13% lower at 68.32. According to Chris Purdy at Spreadex today has seen the likes of RBS and Lloyds Banking Group as being proving to be popular short-position targets for spread betting clients: "Banks have been popular quick shorts among spread betters today after last week’s rally, with RBS holding most of the limelight despite S&P’s upgrade to buy," says Purdy. The FTSE 100 has been fairly quiet though, trading in a 15 point range through the afternoon, looking to close around 5845. Tomorrow’s UK September Industrial Production figures should guide equity markets with more conviction than the sideways trading we’ve seen today. This morning Nomura maintained that RBS shares fall in their 'reduce' category. The target share price for RBS is at 41, some 6% lower than the current range. |
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| Last Updated on Monday, 08 November 2010 16:28 |
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.