Excerpt from: Understanding Spread Betting
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| November 21, 2006 | | Spread bets allow for immense flexibility | | One of the advantages of spread betting is that it is possible to place spread bets on a variety of financial instruments and markets with just one account. When you trade in stocks, you much have a stock account. If you want to participate in spot forex trading, you have to have a forex account. The list goes on for the financial markets. But with financial spread betting, all you need is one account to place wagers on a variety of financial markets. Since you do not own a stake in anything, all you need to do is find odds that suit you in a financial market of your choice and place your spread bet. And you can place another spread bet on a different financial market with the same spread betting account. | | |
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