“…Move over Bob. Spreadex really DOES like Mondays…”
“…AIM seems to have come of age in 2020. We have never seen a year when ‘Retail’ clients have done so well…”
Mondays have become very busy days for spread betting firm Spreadex. Remember September 21st when the FTSE 100 suffered a £51bn plunge as Covid-19 lockdown fears hit the markets. Stock of British Airways owner IAG hit an eight year low and Rolls Royce was at its lowest since 2004.
Fast forward to two consecutive Mondays in November – namely the 9th and 16th. Those dates are now known as ‘Vaccine Mondays’ with news of potential Covid-19 vaccines making the headlines and helping reverse the stock market declines of the months before.
Financial and sports spread betting firm www.spreadex.com has been through stock market volatility many times through its 21 year history and prides itself on picking up the phone within three rings. The team there had repetitive strain injury answering calls on Vaccine Mondays and in 2020 it says lockdown has seen a huge increase in trading. Those who often thought of dabbling in the Markets had the time to do so this year.
Tom Salmon is Spreadex’s Head of Trading. Here he talks to Sarah Lowther about the winning strategies deployed by successful clients, the Covid-19 ‘winners and losers’ and why every one is glad the Football is back!
Financial spread betting is a way of gaining tax free leveraged access to trade on world equities, indices, FX, bonds, interest rates and commodities markets. Learn more by watching this video.
The author was remunerated but does not hold shares in the company