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Extracted from text ... November 2005 7 INVESTMENT MARKETS Trading spreads vs futures Okay, so it's true - the JSE Securities Exchange is a casino - at least as far as these two investment products are concerned. But, as the saying goes, fortune favours the brave... By JULIUS COBBETT GEARED investment products offer traders the opportunity to multiply investment returns as much as tenfold. Of course, the increased return is not without its risk. Two similar products that maximise risk/return are futures and spread trading. Moneyweb's Personal Finance investigates the difference between the two. FUTURES Futures allow punters to gain exposure to JSE-listed ..
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