Excerpt from: Understanding Spread Betting
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| November 21, 2007 | | Increase your understanding when placing spread bets | When spread betting, it is important to read financial news and analysis so that you can get a more accurate picture so that your spread bets are more likely to yield earnings for you. Understanding financial jargon and nicknames is part of this. Here are some common British financial nicknames:
- Gilts: British government bonds
- Sterling: U.K. pound
- Footsie: FTSE stock index
- Cable: USD/GBP currency pair
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