This is pretty awesome. Thank you! I'm just looking into it myself.
Today I happen to find out via google finance news, an hour before NYSE opened that Cobalt International Energy PLC (CIE) had made a substantial oil discovery. I bought in the morning and have a look what happened: CIE: Summary...
So I had a flirt with spread betting with IGIndex and thought I'd share some of the knowledge gained.
I wanted to write out a thorough-going explanation of how this con works but it was taking ages so here is a summary...
You win by betting a sum of money per point movement of an index. The...