Recent content by globaltrader

Bikhod, If you want entry level access to trading futures, the spreadbet is the standard, although not the only, path. Spreadbetting houses take the future price and then wrap a spread around this (ie the commission is built into the market price). Some houses relate their prices closer than...

Bikhod, - CFD's commissions are quite high. How high is high? Captain Haddock is broadly correct with his range, although some providers layer in an advisory service on top of this and charge accordingly. Most houses offer volume related pricing, down from their stated price. - CFD's give...

Jbat001, My thoughts exactly. The Economist likens the actions of this central bank to 'letting rip with a pea shooter' and suggests that 'peashooters are of little use against a determined foe'. Although, even the free-market preaching Economist is forced to admit that the intervention was...

Trader_dante, You might be interested to read The Economist article this week entitled 'A warning shot' on the NZD currency and the forces around it (essentially the NZ central bank's fx intervention versus Japanese savers and other carry trade enthusiasts). Sounds like this central bank might...

There's an echo in this room....(Jbat001 faster on the draw)

Tom, In theory, you are 100% correct one should earn on shorts and pay funding on longs. The logic is pretty straight forward, if you short the stock, you are long cash and earn on it, and vice visa if you are long. This holds true for most instruments where a single interest rate would...

Pboi, Again, apologies for the confusion, but the 6pts is not correct and, point taken, would certainly not be ideal. The pricing here is always based on both the spot market and the trading level of each trader. Take for example a trader who is on 15bps, then the offer that he/she faces...

Wilmanwhippy, Apologies for not spotting this thread sooner. Global Trader does offer Trailing Stops on our Spreads product. Globally we call this a Spread Trade, but in the UK it is a 'Spread Bet'. This is fully automated and effectively acts as a one way ratchet on the stoploss pulling it...