Spread betting doubles - 22.08.2008
Financial Times
This article commented on how spread betting volumes have more than doubled in the first half of 2008 in comparison to a year earlier, according to data from ComPeer.
Despite the stock market having a "dismal" first quarter, trading volumes for the higher risk derivatives reached record levels, although these volumes have dropped during the second quarter of the year.
Roger Colletta, ComPeer Managing Director, was quoted as saying "while spread betting is higher risk, it does at least offer the opportunity to make money in falling markets".