From Monday, ODL Markets - the spread betting and securities firm – will be offering quarterly spread bets on the Liv-ex 100 Index and a number of individual wines. The ODL contract will allow investors to bet on the future direction of wine prices without taking physical delivery of the goods. It is ideal for those wishing to diversify their portfolio, hedge their cellar or simply speculate that the price of wine will go up or down without worrying about provenance, storage or insurance costs. See the ODL website for full details.
You can download the official press release by clicking on the link below.