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. |
| Spread betting companies see US markets opening in the green |
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| Written by Sam Coventry |
| Tuesday, 26 April 2011 15:22 |
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Spreadex, the spread betting company, call Wall Street to open higher this afternoon. Spreadex are calling the Dow to open +22 at 12501, and the S&P 500 to open +4 at 1339. These opening levels mirror yesterday's resistance at the open. Corporate earnings across the pond come from Coca-Cola, UPS, Ford, Lockheed Martin, and Delta Airlines. Most spread betting companies had also called the FTSE 100 higher. "No big fireworks today, with the FTSE +3 at 6020 led by ARM Holdings, Autonomy and International Consolidated Airline Group. Miners are lagging on dropping commodity prices after yesterday's rally, with Randgold Resources -2.07% at 5195. UK equities beyond the natural resources sectors look range-bound for the time being though as there is little macroeconomic data of significance and only 3 days of trading this week," says a morning note from Christopher Purdy, market analyst at spread betting company Spreadex. 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. |
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.