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Should "Spread betting" be allowed as means for investment and are they different from CFD trading?

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Question added by Bilal Khan , Senior Tax Accountant , Finvesco Limited
Date Posted: 2015/01/26
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

Spread betting is a derivative strategy, where participants do not actually own the underlying asset they bet on, such as a stock or COMMODITY. Rather, spread bettors simply speculate on whether the asset's price will rise or fall using the prices offered to them by a broker.

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