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spread betting
noun
A form of gambling (or investment) in which a bookmaker (or broker) predicts a range of outcomes (or share price movements) and the better (or investor) places a stake on a higher or lower result and thus wins or loses a multiple of that stake, the multiple depending on the accuracy of the prediction
Exact(43)
Stuart Wheeler, a pioneer of financial spread betting in the 1970s, asserted in a recent article that "all spread-betting firms are bookies, whatever gravitas they may attempt to assume" as respectable financial institutions.
There are no dividends with spread betting.
But spread betting group IG fell 6.5p to 490.9p.
Spread betting Instead of 1%-2% a year from cash, you could earn 5%-105%-10% day from spread betting – or lose the lot.
Meanwhile, he spent massive amounts on school fees, spread betting and his insatiable taste for luxury.
UBS, a big Swiss bank, has banned spread betting by employees since 2011.
Similar(17)
It's expensive, even when, like me, you're trading via spread-betting.
It is a similar story at the spread- betting specialists, Sporting Index, who will also be keeping a close eye on who is wagering what.
With spread-betting, the method this column uses, enthusiasm can be measured with precision.
Jordan Hiscott, of financial spread-betting firm Gekko Global Markets, said BAE's figures were "awful".
Shares in publicly traded spread-betting companies plunged after the announcement.
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