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Why do Spread Bets have Expiry Dates?

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Why do Spread Bets have Expiry Dates?

J
Janice Bollinger

16 Views • Apr 03, 2010

Description

All spread bets legally have to have an expiry date when the profit/loss will be realised otherwise it wouldn't count as a bet. Likewise, spread betting providers don't charge actual commissions but make their money on the spread for the same reason.