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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TheStockStalker who wrote (16140)7/4/2002 9:19:27 PM
From: TraderAlan  Respond to of 18137
 
Stalk,

The BDs in the UK have more of a foxhole mentality than their US counterparts. I think they're in a panic about the shift to spreadbets and CFDs. But thats not likely to open them up to shorting in any way that will benefit traders. The transaction costs, even with places like Deal4Free are very high compared to the US markets. Think its hard for Americans to understand how unique the liquidity of their markets really are. The majority of my students overseas have given up on their local markets and trade American stocks or futures.

Alan



To: TheStockStalker who wrote (16140)7/5/2002 1:22:15 PM
From: Mark Davis  Read Replies (1) | Respond to of 18137
 
The few times I've looked at spread betting and other 'bets' offered by foreign bookmakers, I came away with the impression that these were essentially complex options plays that were being 'marked up' for sale.

In any case , the operations are much more akin to bookmaking on sports or horse racing than auction based trading markets, with the usual high vig built in.

Has anyone 'traded' successfully with these guys?