Example: Daily FTSE
The best way to understand spread betting is to go through an example. All our bets work in basically the same way, whether you are day trading or taking a more long-term view.
We make a quote for the price of a market at some date in the future, for example, the FTSE 100 in February. You decide whether the market will be higher or lower than our quote by that time. You can also choose bets with a daily timeframe, for example on today's FTSE settlement. This is ideal for day traders who wish to capitalise on immediate volatility.
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Suppose you want to bet on the short-term direction of the FTSE 100 Our Daily quote is currently 5672 - 5674 This means you can 'buy' at 5674 or 'sell' at 5672 ('buy' transactions are made at the top end of the spread and 'sells' at the lower end) We quote5672 - 5674 |
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