Spreadbetting shares

klastica

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When you buy shares in spreadbetting can you keep them indefinately like real shares?
How does it all work?
 
It is very similar of you go for the rolling bets but other positions will be time-related and will expire. For example, there might be three books offered by your SB firm on Vodafone, the Rolling Spread, March Spread and June Spread. Their March positions will expire at 16:30 on 17/03, the June positions at 15:30 on 16/06 - details will be on the p[roduct information sheets. The Rolling positions do not expire but there will be an on-going charge to keep the position open. Eventually, it becomes more economical to have bought the shares and paid the commission and tax, though that potentially brings in a CGT liability at the year-end when you have sold, which a spreadbet will never do.
 
When you buy shares in spreadbetting can you keep them indefinately like real shares?
How does it all work?
You are not buying shares so you will not be able to keep them indefinitely.
You are placing a bet on the movement of the price, just like betting on a horse really; you don't get to keep the horse.
As already said there are various timescales for the bet and each may be 'rolled over'. That is just before expiry of the bet you close it and open up a new bet for the next period.
 
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