Spread betting allows a bettor to bet on whether the price quoted for a given instrument (e.g. a share, oil, a bond, a currency) is likely to go up or down in value. The degree to which the bettor is correct or incorrect dictates the total winnings or losses: the more a price moves in […]
IG was the first spread betting firm, initially established as a means to place tax free bets on the price of gold, when buying gold was subject to restrictions that made it exorbitantly expensive to actually buy it. (Hence its initial name: Investor Gold Index. The firm has also be known as IG Markets.) IG’s […]
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