Spread betting firm expands its small cap trading provision.
In spread betting the most popular bets are the majors indices and the major forex markets. However if you already offer these and many other markets what do you do?
Spread betting specialists Spreadex have come up with one answer.
They have expanded their AIM stock financial trading provision by listing an extra 300 small caps on their website.
The spread betting firm will now be trading small caps starting from a market cap as low as £1million and at margin rates starting from 20% of nominal share value.
Spokesman Andy MacKenzie said: “We took this step to help individuals who wish to speculate on the share price movement of companies outside the FTSE 350.
“Traditionally these types of companies have been very difficult for spread bettors to trade. Many firms do not offer spreads due to the illiquid nature of some of the stocks.
“When spreads can be obtained, often the amount of capital that you need pay upfront to place a bet can be prohibitive.
“We are trying to improve this situation for those who have an interest in the performance of these smaller firms.
“A long list of spread bets on these smaller companies has been added to our existing equities prices. However, if there are firms not listed that clients wish to trade, we urge them to call our financial room on 08000 526 570. We will do our best to accommodate their requests.”
Some of the new Spreadex Markets that you can now trade include:
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
A) Get free trading tips, offers, price updates, important news and more! All Free - Click here!
Risk Warning:
Please note that spread betting and CFD trading carry a high level of risk to your capital. You can lose more than your initial deposit. These products may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
