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Spreading the risk

With tens of thousands of spread bets made in the UK every day on a range of financial underlyings, good risk management is vital for spread betting firms. Alexander Campbell talks to Andrew Bole, risk director at IG Index

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IG Index, the UK's oldest spread betting company at a venerable 32 years, has moved from being a small bookmaking operation concentrating on the gold market (the original name was Investors' Gold Index) to a listed company offering bets on thousands of underlying financial assets, from equity indexes and single stocks, to currencies and commodities.

The company's expansion has put it closer to the

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