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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 markets this morning |
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| Written by Will Peters |
| Tuesday, 26 April 2011 15:24 |
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Key financial market pointers. Yesterday we saw that US stocks ended lower, the Dow fell 26.1 points to 12,479.9 or -0.21%. Most key spread betting markets in the UK were however closed. Low liquidity leads to higher spread being offered by spread betting companies, hence it is best to sit out any new trades in such market conditions. WTI crude ended down 92 cents at $111.36 per barrel. Silver prices surged almost 8% in early trading yesterday closing in on its record price in 1980. US May silver futures hit $49.82 an ounce just 50 cents off its record of $50.35 hit on January 18th 1980. UBS has reported net income of CHF1.81bn beating estimates of CHF1.69bn - UBS shares are up 8.1% in early trading. Former US President Jimmy Carter has arrived in North Korea to improve progress in talks between North and South Korea following recent tensions. The US has urged Americans to leave Syria after violence during the weekend. At least 11 people died after soldiers and tanks moved into the city of Daraa. The FTSE 100 is up 12.3 points at 6,030.5 in early trading Russian Helicopters is expected to price its IPO in the range of $19 to $25 per share which is expected to raise $250m for the business. Pearson has acquired Schoolnet for $230m in cash. Minmetals Resources has withdrawn its offer for Equinox Minerals after an approach from Barrick Gold which valued the target at C$7.32bn in cash. More spread betting news and spread betting insight to follow. |
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.