thats not entirely true...if you trade using iBet Financials, you can spreadbet and the prices you see are the same as anybody else trading the real underlying Future.
Alex2006 - your point is very valid indeed and at least this fact is clearly stated by Kyte Group. However, one should also bear in mind that
a) Kyte Group's business is predominately DMA activity and customers can only trade within their pre-fdefined electronic limits and margin. Its...
You can work the bid / work the offer - you are trading the underlying!
We are also very specific about the customers that clear thru Kyte Group and have a very strict set of criteria for opening an account with us. In terms of 'offering to the masses' , we are soon to embark on a Marketing...
SHORTSELL:
You are trading the underlying Futures market at ALL times. You are not trading a 'spread' around the exchange bid/offer prices. So for example if NYMEX MAY WTI is 109.50 bid , and offered at 109.51....this is what you can trade. The tax efficient wrapper is a back office process...
Dan
Here at Kyte Group we have desks for rental in our headquarters in Islington. We are purely a professional trading house and the desk that you sit at is connected over a high speed LAN to the LIFFE and EUREX gateways. It all depends on what you mean by 'keeping the costs low' - and by that...
Also a Newbie to this board but am amazed at myself that i've waited so long.
Kyte Group have (and have been running for over 10 years) fully operational desk space, networked over a high-speed LAN to the major derivative and equity exchanges. You pay a monthly fee and the ISV charge on top. We...
Stephen
You may be interested to learn of the new initiative launched by Kyte Group. Clearly of appeal to UK based Futures traders only - and only for professionals.
To cut a long story short, we have devised a tax efficient wrapper called an iBet around a traditional Futures contract. This...