Are rolling daily bets preferred to quarterly ones?

[mb11]

As im new to SB am i correct in thinking rolling daily share bets are preferred to quarterly ones?

i say this because in rolling daily bets the spreads are tighter and there is no deadline to close the bet unlike quarterly ones

or have i interpreted this wrong?

with this im talking about share betting not indices

 

[Vorbis]

As im new to SB am i correct in thinking rolling daily share bets are preferred to quarterly ones?

i say this because in rolling daily bets the spreads are tighter and there is no deadline to close the bet unlike quarterly ones

or have i interpreted this wrong?

with this im talking about share betting not indices

Depends how long you want to keep a trade open. With the daily bets you have to pay a rollover fee from day to day. If you intend to keep a trade open for a week or more, it might be better to go with the quarterly. The quarterlies also rollover at expiry (I think), I don't know if there is a charge.

 

[Hoggums]

Depends how long you are going to keep the position open for. Because for daily bets you pay a nightly rollover charge, whereas for futures you do not. The futures price will also decay but you will find that longer term they are cheaper that rolling dailies.

 

[mb11]

thanks hoggums,

these 'rollover' charges you speak of, how much do they cost/range from/to?

as i read you get paid interest on the close/open, but i dont understand why you get paid interest on say a £250 margin deposit?