It’s interesting to see that Spreadex has expanded its operations by opening an office in Liverpool.
The St Albans based firm has made the move to help bring the popular form of financial trading to investors in the north-west.
The new office is located in The Plaza, in Old Hall Street, and is manned by experienced traders Darren Barton and Robin Harrington.
Darren, 36, from Aughton, said: “Financial spread betting is traditionally linked with the south east and London.
“However this form of trading has grown in popularity in recent years as an alternative investment tool. It is being used by more and more people across the country from the smaller speculator to the larger more sophisticated investor.
“Basically this practice is suited to anyone who keeps a regular eye on movements of global indices such as the FTSE or Dow, or who is knowledgeable about changing share prices, commodity or currency prices.
“Spread betting provides the opportunity to make money from correctly predicting moves in these markets and, as it is a leveraged product, you can gain access to these markets with a much smaller initial outlay than traditional trading methods.
“There are many other benefits, such as the ability to profit from falling as well as rising markets and that money made from spread betting is currently free from stamp duty or capital gains tax*.
“We are keen to help explain the ins and outs of financial spread betting to any interested investors across the area and would encourage anyone to give us a call on 0151 600 5000 or to simply pop into the office here so we can see how we can help.”
Robin, 40, who lives in Liverpool city centre, said: “Having started in 1999, Spreadex is one of the original spread betting companies. We have a great wealth of experience and expertise in this area, which we are keen to pass on.
“We have trading platform where customers can carry out their trading. Nevertheless we have found that many clients prefer the personal touch of hearing a familiar voice and like to execute their bets over the phone.
“Our focus here is to help with any queries or questions on financial spread trading
“Having said that, we also offer a full sports spread betting service offering with in-play betting on every Premier League football match. We cover all the sports from darts to the dogs.”
Darren, who is a member of Formby Cricket Club, has 10 years of trading experience while Robin has previously worked for Goldman Sachs, Baring Bros and Deutsche Bank.
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.
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Risk Warning: Spread betting carries a high level of risk to your capital and 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.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
