Financial Times FT.com

Fickle bunch is hard to please

By Matthew Vincent

Published: December 10 2009 15:56 | Last updated: December 10 2009 15:56

Spread bets on stock market indices are the most popular short-term trades among UK private investors, followed by bets on shares, currencies, and commodities – but the one commodity they put little value on is … loyalty.

According to the first extensive study of spread betting in this country, traders are now accessing a wide range of markets, and switching providers to do so. Three in 10 active spread betters moved to a new spread-betting firm last year, and nearly half say they are “likely” to change their main provider in the next 12 months.

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