Cantor Index Daily Rolling Share Bets are a type of financial spread bet and provide a cost effective way to trade bets held for the short-medium term. Daily Rolling bets have a significantly tighter spread and are based on the cash price of the underlying instrument rather than the futures price. Daily Rolling bets automatically roll into the following business day until you close your bet.

Cantor Index currently offers Daily Rolling bets online on all UK 350 stocks. Over the coming months, this will be extended to other UK and US stocks and FX products. We also offer competitive rates when rolling your bets.

Advantages of Daily Rolling bets

• Flexibility - have your position open for the number of days you want.
• Cost effective - unlike a spread bet on the futures price, you only have to pay funding for the period your position is open.
• Tight spreads - you can trade in and out of positions more cheaply.
• All the benefits of spread betting - tax-free*, commission free, spread bet on margin.
• Competitive financing rates.

Understanding how Daily Rolling bets work

Cantor Index quote two prices which represent the cash price of the underlying market, plus a small spread, which you can either buy or sell. We will automatically roll your bet every night until you decide to close it.

How to close your Daily Rolling Bet

You can close your position online or over the phone any time before 16:29, Mon-Fri. (excluding Bank holidays)

You can also request that we autoclose your position at 16:30. If an autoclose is requested, we will settle your bet at the cash price.

Our Daily Rolling Bet rates

Charges or income are applied to positions that are held overnight. These costs are factored into the spread when the position is rolled.

For long positions, you pay the current interest rate** plus 2.5%.

For short positions, we pay you the current interest rate** minus 2.5%

For information on our markets, including spread and NTR factor, please visit the Market Information Sheets

*Tax law can change or may vary if you pay tax in a jurisdiction other than the UK.
**LIBOR - London Inter-Bank Offered Rate