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Spread betting company IG Index is a Buy PDF Print E-mail
Written by Will Peters   
Wednesday, 10 August 2011 13:59

Speculative interest set to increase amidst market turmoil - to the benefit of the UKs spread betting companies.


Spread Betting Companies: IG Group Holdings, the largest of the UKs spread betting companies, has been maintained at a Buy rating at brokerage Numis Securities Ltd. (Compare spread betting companies now).

Numis is confident that a target share price of 594 can be reached, that is some 46% higher than at current levels.

Our last quote on the spread betting company is at 405.7.

The latest market turmoil will be good news to spread betting companies such as IG Index.

It is in times like this that speculative interest in the market picks up and retail investors turn to their spread betting accounts to make money off any sharp corrective moves in the markets.

City Index, one of IG Index's key rivals in the spread betting industry, has said that they have noted more people opening spread betting accounts in the wake of recent market volatility.

The more people trade, then the more money is made by the spread betting companies.

These companies make money off the spread charged at the opening of a deal, so the more trading done by the retail investor then the more money is going into their coffers.

It is conditions like these that will help drive interest in IG Holdings share price.



 
Last Updated on Wednesday, 10 August 2011 14:01
 

Some Spread Betting Wisdom



A great piece of advice for those looking to get stuck into spread betting. While most spread betting companies love to push their index offerings, most traders fail to make money off them....

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