Excerpt from: Understanding Spread Betting
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| September 14, 2007 | | Spread bets, CFDs and spot forex trades with British financial instruments | When you read about financial news, you will find that some financial instruments have nicknames. Knowing these nicknames can help you when placing spread bets. British financial instruments have some nicknames that you could benefit from knowing:
Footsie: The nickname for the FTSE stock index.
Sterling: Nickname for the U.K. pound on the spot FX market
Cable: The reference to the USD/GBP currency pair.
Gilt: Nickname for U.K. government bonds
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