Only 1% of the clients of Cantor Index, a 30-year-old UK company that makes a market in "spread bets" - short-term contracts on whether stock indices, individual stocks, bonds, etc. will rise or fall - are women, but apparently they are doing quite well at it.

Jenny King, 35, from Thorpe Bay, Southend, Essex, started spread betting after being made redundant last June from the Royal Bank of Scotland where she was head of fixed income operations. She now combines day trading - where trades are not left to run into the next day - on various world indices with looking after her three children, Hannah, 6, Reece, 4, and sixmonthold Luke.

The article points out something I didn't know -- betting profits in the U.K. are tax-free! I know where I'll be relocating when I become a professional poker player.

Link

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Posted by: juan johnson on October 8, 2005 04:32 AM