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Spread betting. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be ...
Gambling Commission. The Gambling Commission is an executive, non-departmental public body of the Government of the United Kingdom responsible for regulating gambling and supervising gaming law in Great Britain. Its remit covers arcades, betting, bingo, casinos, slot machines and lotteries, as well as remote gambling, but not spread betting.
CMC Markets is a UK-based financial services company that offers online trading in shares, spread betting, contracts for difference (CFDs) and foreign exchange across world markets. CMC is headquartered in London, with hubs in Sydney and Singapore. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The Gaming Act 1845 legalized games of skill, made cheating a crime, simplified the regulation of gambling houses, and made gambling contracts legally unenforceable. Betting establishments became popular, despite new laws in 1853, 1854, 1874 and 1906. Bookmakers responded by hiring runners who were faster than the police.
Most CFD providers launched financial spread betting operations in parallel to their CFD offering. In the UK, the CFD market mirrors the financial spread betting market and the products are in many ways the same, the FCA defines spread betting as, "a contract for differences that is a gaming contract". [9]
Gambling for centuries has been a main recreational activity in Great Britain. [1] Horse racing has been a favourite theme for over three centuries. [2][7] The earliest recorded races were held at Chester in 1539. [8] King Charles II was an avid sportsman who gave Newmarket its prominence – he was a jockey in 1671 and built a palace there for ...
IG Group Holdings plc. IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets. [4][5] Established in 1974 by Stuart Wheeler, the company is ...
Website. www .ovalx .com. OvalX (formerly ETX Capital) is a British financial services product providing financial derivatives trading such as contracts for difference (CFDs) and financial spread betting and, As of 2020, corporate brokerage services. In February 2023, the company announced that it was winding down its business after making ...