Financial Spread Betting
Five years ago, financial spread betting was a City traders’ plaything. But, says Angus McCrone, times have a changed
Sometimes quality products are held back by an unattractive name. The Lincolnshire seaside resort of Skegness, Thailand’s Phuket and the Greek island of Lesbos would all probably get more visitors were it not for their names.
The same is true of financial spread betting. Its clumsy moniker suggests a complicated, dangerous form of gambling, with no relevance to the ordinary, sensible investor.