Different spreads

[tuna1]

I'v found two spreadbetting companies with different spreads, one with a 8 tick spread and the other with a 6 tick spread. I remember reading awhile ago there is a chance to exploit this difference for profit? I might be wrong but is this possible? Cheers

 

[Directional]

no. with spreads that wide its impossible to profit from quote differences. If you had two firms with a one tick spread then there may be some scope for a non-fungible arb when the bid/ask overlaps based on laggy data or different quote skews, but there is more to it than that, and the SB firms will eventually undermine whatever you try to do against them