FTSE trading

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xpaul
Posts: 32
Joined: Sat Jan 30, 2010 12:47 pm

Does anybody trade FTSE 100 on Batfair?

Paul
Bet Angel
Bet Angel
Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

Early on in my trading career I trading the FTSE on Betfair as I can price the market very accurately. But I had a problem as somebody kept nipping in front of me all the time when the market spiked. Turns out IG Index are active market makers on Betfair so that sort of killed the opportunity for me. Their futures feed always appeared to be slightly ahead of mine so they mopped up all the value. I couldn't compete with that.
xpaul
Posts: 32
Joined: Sat Jan 30, 2010 12:47 pm

Fair enough. Thanks for reply.
I'm looking for a daily market where I can start to learn trading that's why I'm asking.

Paul
Bet Angel
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Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

I guess it depends what level you are at and what you are trying to achieve. Greyhound markets are very regular but lack real liquidity until right near the start time. Horse racing is very liquid for quite a few minutes so both make decent practicing grounds.
hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Bet Angel wrote:Early on in my trading career I trading the FTSE on Betfair as I can price the market very accurately. But I had a problem as somebody kept nipping in front of me all the time when the market spiked. Turns out IG Index are active market makers on Betfair so that sort of killed the opportunity for me. Their futures feed always appeared to be slightly ahead of mine so they mopped up all the value. I couldn't compete with that.
What's the fastest feed of live track prices in horse racing that's available?
Bet Angel
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Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

In my experiance it seems to be Betfair now that leads the on course market.
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