Traditional spread betting at firms like Capital Spreads involves an intermediary making a two way price based on their perceived likelihood of the price at which this market will ultimately settle or finish at.

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Markets have been quiet in the past but this morning is almost something different.

The congested trading ranges continue to dominate proceedings with the Markets loath to make a decision about direction.

There is a small sense of medium sized to large corporations finally starting to baulk at various new business tax burdens being continually levied in the UK.

A grim day on the markets but (for all the weakness) there does not appear to be much of a follow through.