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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
| Spread betting targets: Aviva and BP |
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| Written by Roberta Murray |
| Wednesday, 27 April 2011 09:53 |
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Delta Index, the spread betting company, update us with what they see as potential spread betting targets this morning. Delta Index have picked Aviva and BP shares as potential spread betting targets as both have witnessed Bullish MACD crossover patterns. Aviva is a Buy at 439, a stop has been called for 427 and an initial target suggested at 463. BP is a Buy at 465, an initial take profit has been muted at 487 and a stop loss suggested at 454. Spread betting traders will not have been affected by what was a predictably light volume session in the UK. Indeed, light volumes often result in exaggerated market swings, so it would have been an interesting one for those who had open spread betting positions. After Monday’s disappointments, yesterday’s slate of US corporate earnings provided a degree of support to equity markets everywhere; the UK-specific influences were less easy to discern, especially with some of the nominally defensive groups clustered together at the top of the daily performance lists (food retail +2.3%, telecoms +2.2%, tobacco +1.6%, utilities +1.2%): it did not look like a routine 'risk on' day. That was echoed in the small caps where good value was the day’s best-performing style trade. Spread betting traders will now be turning their eyes to this morning’s ‘critical’ (more from a political than a financial markets’ perspective) first estimate of UK first quarter GDP, the CBI’s April quarterly Industrial Trends survey provided some mixed signals. "The overall picture appeared to be one of continued recovery through Q1 with a positive net response of +20 to the quarterly output enquiry (domestic orders +15 and exports +24), the strongest since Q1 1995. However the monthly data for April showed new orders slipping to a negative balance of -11 from +5 in March, as export optimism dipped (see chart of the day)," say Altium Securities. |
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.