Spread the Bet | Learn about this type of bet in NZ
Spread Betting is a tool that gives you the opportunity to speculate on the possible movement of a particular asset. This means you can speculate on the movement of a company’s stock, a particular currency, or even a diversified index without buying any of these assets.
Spread betting is a means used to predict the growth of an asset and the degree to which you are wrong or right will then affect the profit you make or the loss you suffer on the bets you place.
When looking at financial Spread Betting, you will usually be speculating on the direction that you think a financial instrument will go. If your prediction is correct and the instrument moves in the direction you predicted, your profit will grow accordingly.
You should remember that the reverse is also true for Spread Betting. If the financial instrument moves in the opposite direction than you