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A U.K. tax on the transfer of shares and securities. One major benefit of spread betting is that it is not liable to stamp duty (although tax laws can change).
Stamp Duty
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Related Terms
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Spread betting is a type of speculation on the outcome of an event that involves betting on the price...
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A repurchase agreement (“repo”) is a short-term secured loan: one party sells securities to another and...
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U.S. Treasuries are issued by the U.S. Department of the Treasury on behalf of the federal government. They...
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Yield curve control (“YCC”), also sometimes called interest rate pegs, is where bond yields are set by the...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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