RE: Shorturs delite9 Jul 2023 17:33
Readystedy here a quote for you to help yous undurstan
Traders cannot lose more than what they have deposited with brokers.
you see readysteady it not a trade it a bet. it cuvered by gamblin act that why ther is no tax on gain. lol
Origins of Spread Betting
If spread betting sounds like something you might do in a sports bar, you're not far off. Charles K. McNeil, a mathematics teacher who became a securities analyst—and later a bookmaker—in Chicago during the 1940s has been widely credited with inventing the spread-betting concept. But its origins as an activity for professional financial-industry traders happened roughly 30 years later, on the other side of the Atlantic. A City of London investment banker, Stuart Wheeler, founded a firm named IG Index in 1974, offering spread betting on gold. At the time, the gold market was prohibitively difficult to participate in for many, and spread betting provided an easier way to speculate on it.