Hi,
I'll rephrase the question!
I wish to trade in FTSE 100 index options, and options on FTSE 100 shares, from my computer at home.
Can someone recommend facilities for doing this?
When selling options, I would like to use my own money as margin, rather than borrow from the company that provides the trading facility or from anyone else.
When I considered doing this about 10 years ago, there was a company from which you could download some software onto your computer, where you got a fairly good trading screen, and if you wanted to open an account you linked it to your Visa card account and that had to contain sufficient margin if you started selling options. It also provided a dummy-trading option.
I am seriously out of date now!
I seem to recall there were spreadbetting firms offering pseudo- options with massive spreads. I think they called them options even if they were effectively CFDs.
Doubtless today the market is full of spiv firms offering to allow punters to trade in options and other derivatives, but I wondered whether someone could recommend some companies that offer reasonable facilities and are unambiguously clear about their charges.
Thanks in advance.
Mary