In Financial Spread Betting the companies will quote close spreads of say 2 points on the FTSE index however, they never mention the bias they may apply to this spread. This can be as high as 30 to 35 points. Whether you predict a rise or fall they will frequently freeze the quote and allow the market to move around their quote. Effectively they will have opened the spread to +/- 30 points. In which case, your best scenario is a 2 point loss. My question is how is the bias decided and how are the moves decided. By implication it is the market price, but experience dictates otherwise.
A scan of the Web has failed collect any information on this point.|||Inspite of all the complex mathematics/ models,..etc around how the system seems to work ....this mystery remains with the proponents of the capitalist number game or farce.It so seems it remains a subjective choice of the larger players or those who make the business.|||Some fella at the spread betting firm keeps messin about on the computer makin numbers at random..hence the binary equation kicks in...
beats me too"|||good question
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment