Business overview
Spread betting
Spread bets let customers take advantage of changes in asset prices by betting on the number of ‘points’ a price will move, either up or down. Customers determine the amount of money they wish to stake on each point that the price moves.
These products are based on CMC Markets’ proprietary instruments which derive their prices from a range of assets, including stock market indices, commodities, treasuries and individual equities.
CMC Markets invented ‘Rolling Cash Bets’ for spread betting in 2001. This has allowed customers to roll their positions over to the next business day using a competitive overnight finance charge.
The availability and tax treatment of spread betting varies from country to country. Profits made from spread betting are currently exempt from UK Income Tax and UK Capital Gains Tax in the UK. Tax treatment however depends on individual circumstances and may change in the future.
Risk Warning
