We are well into to 2010 and it looks like spread traders are enjoying the market conditions. This despite the markets looking rather indifferent. According to Simon Denham of Capital Spreads , “it’s interesting that the day we saw our clients making large profits, in fact one of their best days ever, the markets didn’t move much. That simply indicates the size of the positions held”. Despite some good times for those with spread betting accounts, the UK’s exodus from the recession has not been strong. The UK recession has been a bit of a curate’s egg. The majority of the population is still gainfully employed. They are also enjoying monthly-outgoings that are substantially lower than in times past due to the extremely low interest rates which are reducing mortgage payments to almost unheard of levels. Nevertheless whilst most of the UK seems to…

February 17th, 2010
Money maker
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