What Is Spread Betting?
Spread betting is the betting on the price movement of foreign currency, metals, oil and other securities.
Security brokers, who provide securities for trading, quote two prices, a bid and offer price. The difference between the two is the spread. Spread betting involves the speculation on the changes in price; there is no owning of the underlying stock.
Russell Shor (MSTA, CFTe, MFTA) is a Senior Market Specialist at FXCM. He joined the firm in October 2017 and has an Honours Degree in Economics from the University of South Africa and holds the coveted Certified Financial Technician and Master of Financial Technical Analysis qualifications from the International Federation…