Company Fixed Odds Capital (Malta) Ltd specializes on online games and on exchange quotations has opened site Bet On Markets for amateurs do bets and to play on real money.

Fixed-odds financial Bet On Markets is an innovative concept whereby you can speculate on the movement of the financial markets safe in the knowledge that your losses are limited to your premium, i.e. the price you pay for the bet. This service offers you the ability to customize your own Bet On Markets terms by entering expiry dates and barrier levels into the Web site, which will then calculate the payouts of your bets in real-time.

Fixed Odds differ from trade on Forex. First, on Bet On Markets you may carry out rates not only on Forex, but also on shares and indexes. Second, you do not buy currency or shares, and do rates on change of their values during certain time. Thus, trade on a site is similar to rates on horse jumps, only here you do rates on jumps of the markets.

The Bet On Markets site features fixed odds financial bets; i.e. financial bets that pay a fixed amount (or nothing) on expiry. In other words, when you buy a fixed-odds bet from Bet On Markets, you are entitled to receive a payout, which is a fixed multiple of the amount you have staked. With the betonmarkets dealing system a trader expresses a view and makes a prediction. If the prediction comes true, the trader will profit by a predetermined amount. Before any bet is placed, the trader knows the entire possible downside as well as the exact possible profit.

However you are also given the possibility to sell your bet before the final settlement date to mitigate your losses or take your profits out early. This means that your risk level is clearly defined at all times.

• DJ Stock Futures Report: End Near Flat Despite Oilґs Slide
  CHICAGO (Dow Jones) -- Stock index futures ended Friday’s session nearly flat, failing to get a lift from crude oil’s slide to below $41 a barrel. The March S&P and Nasdaq contracts closed slightly higher. Each contract traded in a narrow range even as traders monitored sharply lower crude oil prices.

• Strong rand will provide market with soft place to land
  High oil prices are likely to persist for at least the next 12 months, given the current dynamics in the industry. For a greater part of the 1990s, oil prices ranged between $10 (R58 at Friday’s exchange rate) and $25 a barrel. Over recent years, this trading band has shifted upwards, with prices now trading between $40 and $60 a barrel.

• Rand’s fate unlikely to mirror current face of dollar
  Since the past decade or so, the US has enjoyed both a strong domestic economy and currency against its major counterparts. There are a few reasons that could be ascribed to the continued strength of that economy, ranging from a strong consumer base or spending in a declining interest rate environment as a driver of corporate earnings, to productivity gains.

• Not yet time to sell equities but added caution advised
  The FTSE/JSE Africa all share index has appreciated by about 26 percent over the past year. But the return is distorted by a poor performance from resources and hides the strong achievements of the industrial and financial sectors, which rose 38 percent and 42 percent respectively. Given these price movements, many investors are asking whether now is the time to start selling South African equities.

• Inflation drives the rates that steer equity valuations
  The substantially higher-than-expected October US inflation data have aroused fears that the world’s top economy could be on the verge of an upward inflationary spiral. The data marks a 180Ў turn from as recently as March, when the threat of deflation — a sustained period of falling prices — was the main concern.

• Debt is the necessary devil that keeps capitalism going
  While it’s not wrong to pile advice upon advice on to consumers to avoid debt, sometimes the advice is chokingly too routine and unnecessary. Economic literacy is key in this instance, and individuals are well aware at all times of the consequences of debt servicing.

• Rand likely to stay in range
  Johannesburg — The rand regained some ground on Friday, supported by offshore demand and renewed weakness in the dollar, with traders predicting a few rangebound sessions ahead of this week’s interest rate decision. By 5pm on Friday, the rand had inched up 0.87c on the day to be bid at R5.801 to the dollar, off its worst level of the day at R5.89.

• Rand holds its ground ahead of interest rate decision
  Johannesburg — The rand held its ground in a tight range near a new six-year peak against the dollar yesterday, with traders keeping a wary eye on the greenback as they brace for the outcome of the Reserve Bank’s policy meeting later this week. At 5pm the rand was bid at R5.7188 to the dollar, 8.22c stronger than its previous close in Johannesburg, after retreating to R5.76 at one point.

• Rand dips amid jostling ahead of interest rate decision
  Johannesburg — The rand weakened modestly yesterday, shrugging off news of a surge in the country’s reserves during November, as markets waited for the outcome of this week’s two-day monetary policy meeting. Early in the session the rand briefly firmed on news that South Africa’s net reserves leaped by nearly 14 percent to $11.02 billion in November, confirming that the central bank had stepped up the pace of buying foreign exchange last month.

• Dollar flexes its muscles and whacks the rand lower
  Johannesburg — The rand beat a hasty retreat as the recovering dollar knocked it weaker yesterday, with markets nervously awaiting the outcome of the central bank’s monetary policy committee meeting. At 5pm the domestic unit was bid at R5.83 a dollar, about 7.6c weaker than its previous close in Johannesburg, after sliding as far as R5.90 at one point.

• Bonds show disappointment at interest rate decision
  Johannesburg — The rand gained 1.75c against the dollar yesterday after the central bank decided to keep interest rates unchanged, leaving the unit’s high-yield appeal intact, analysts said. But government bond yields trended softer amid disappointment with the monetary policy committee’s decision to leave the repo rate steady at 7.5 percent.

• Profit taking expected to bite bourse as rate cut chances dim
  Johannesburg — Investors are expected to take profits on South Africa’s record-breaking stocks this week, as the chances of an interest rate cut by the Reserve Bank dim. But banks, led by Absa, and retail shares are expected to remain attractive. Hovering near six-year peaks around R5.7075 to the dollar, the rand could put a further dampener on the equities party.

• Anglo American and Gold Fields pull broader market lower
  Johannesburg — Sharp falls in Anglo American and Gold Fields pushed the FTSE/JSE Top40 index 1.7 percent lower yesterday to 11 103.43. Anglo American fell as local investors sold the company’s Johannesburg-listed stock, not needing the share in their portfolios after it was deleted from a key index by index compiler MSCI.

• Surge from Sasol counteracts pressure from Harmony
  Johannesburg — Shares in energy group Sasol jumped more than 3 percent yesterday, pushing the FTSE/JSE Top40 index higher, despite a 5 percent fall in gold mining company Harmony Gold. The Top40 ended 0.15 percent higher at 11 119.99 and the FTSE/JSE Africa all share index inched up 0.06 percent to 12 313.

• Gold producers lead bourse lower as bullion plummets
  Johannesburg — Shares fell yesterday, paced by Harmony and other gold producers, as bullion posted its biggest drop in 10 months. The FTSE/JSE Africa all share index declined 0.9 percent to 12 205.18 points as 76 stocks fell, 54 gained and 31 were unchanged.

• The stronger rand knocks mining heavyweights back a rung
  Johannesburg — Equities nudged lower yesterday as a central bank decision to keep interest rates on hold pushed the rand higher, knocking heavyweight mining stocks down a rung. The FTSE/JSE Top40 index shed 0.54 percent to 10 958.12, while the FTSE/JSE Africa all share index slipped 0.48 percent to 12 146.2 points, notching up a second day of losses after a recent rally to historic highs.

• DJ US Stocks Ease In Quiet Session; Sprint Trades Heavily
  Delphi dropped 34 cents, or 3.9%, to 8.30. The auto-components maker plans to cut about 4.6% of its work force, or 8,500 jobs, and lowered its fourth-quarter financial outlook. Banc of America Securities said it expects home builders’ earnings to increase 16% in 2005 and 13% in 2006 despite an expected slowdown in the housing market.

• Delphi bonds hit by job cut, earnings news
  CHICAGO (AFX) — Investors soured on bonds issued by leading auto supplier Delphi Corp. Friday after the company announced job cuts and said it expected a dent in its bottom line in the fourth quarter and next year.

• UPDATE 9-Oil slumps below $41, dealers shrug OPEC cut
  NEW YORK, Dec 10 (Reuters) — Oil prices settled under $41 for the first time since July on Friday as dealers took profits on a widely expected move by the OPEC cartel to curb production in excess of its official output ceiling.

• Electricity generation sees modest growth in 2003
  WASHINGTON (AFX) -- Electricity generation in the United States saw modest growth in 2003 due to a cooler summer, but that did not prevent utilities from churning out a profit, according to a report from the Energy Department released Friday.

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