Anglogold Ashanti Spread Betting
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Welcome to Clean Financial's guide to Anglogold Ashanti spread betting.
Quick and simple answers to common Anglogold Ashanti questions:
Q) Where can I Spread Bet on Anglogold Ashanti?
Q) Where can I Spread Bet on US Shares?
Q) Where can I Trade for Free on Anglogold Ashanti?
Q) How to Spread Bet on Anglogold Ashanti?
Q) Where can I find Free Live Prices on Anglogold Ashanti?
Q) Where can I find Free Anglogold Ashanti Charts?
Advert:
Anglogold Ashanti Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on Anglogold Ashanti with
Financial Spreads.
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Where can I Spread Bet on Anglogold Ashanti shares?
You can currently spread bet on Anglogold Ashanti and other US shares at:
Note that you may also be able to spread bet on Anglogold Ashanti with other spread betting companies.
Where can I Spread Bet on Anglogold Ashanti shares for Free?
It depends upon what you mean by 'Free'
- Spread trading is not risk free. You may lose more than your initial investment.
- If you're looking for a free Demo Account where you can practice US stocks spread trading see below.
- Tax Free. If you are looking for a free spread betting platform then don't forget that in the UK spread betting is tax free*.
- You can also spread bet on Anglogold Ashanti, and other US and international stocks, with no commissions and with no brokers fees at:
Free Demo Account
If you are looking for a free Practice Account / Test Account where you can try spread betting, including US Stocks like Anglogold Ashanti, then you could try:
Each of the above spread betting firms currently offers a free demo account.
How to Spread Bet on US Shares - Anglogold Ashanti Rolling Daily
If you decide to speculate on firms such as Anglogold Ashanti then one option could be spread betting on the Anglogold Ashanti share price.
Looking at the Paddypowertrader spread betting site, they are showing the Anglogold Ashanti Rolling Daily market at $48.28 - $48.36. As a result, you can spread bet on the Anglogold Ashanti shares:
- Increasing higher than $48.36, or
- Decreasing lower than $48.28
When spread trading on S&P 500 shares you trade in £x per cent. Therefore, if you decided to risk £4 per cent and the Anglogold Ashanti shares move $0.05 then that would alter your profits by £20. £4 per cent x $0.05 = £20.
You are also able to trade this market in Euros or Dollars, e.g. $x per cent.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market and so there is no predetermined settlement date for this market. As a result, if your trade is still open at the end of the trading day, it will stay open and roll over into the next trading session.
If your bet is rolled over and you are speculating that the market will:
- Rise - then you are normally charged a small financing fee, or
- Fall - then you will usually receive a small credit to your account
Our article Rolling Daily Spread Betting goes into more detail about Rolling Daily Markets and includes a fully worked example.
Anglogold Ashanti Rolling Daily - US Equities Spread Trading Example
So, if we consider the spread of $48.28 - $48.36 and make the assumptions:
- you have analysed the markets, and
- it leads you to think that the Anglogold Ashanti shares look like they will move higher than $48.36
then you could decide that you are going to buy a spread bet at $48.36 and invest, let’s say, £2 per cent.
With such a bet you make a profit of £2 for every cent that the Anglogold Ashanti shares push above $48.36. Conversely, however, you will lose £2 for every cent that the Anglogold Ashanti market goes below $48.36.
Considering this from another angle, if you were to buy a spread bet then your profits (or losses) are calculated by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that difference in price by your stake.
Therefore, if after a few sessions the stock started to increase then you might want to close your position to secure your profit.
So if the market moved up then the spread might move to $48.84 - $48.92. In order to close your position you would sell at $48.84. Accordingly, with the same £2 stake this trade would make you a profit of:
P&L = (Final Level - Initial Level) x stake
P&L = ($48.84 - $48.36) x £2 per cent stake
P&L = $0.48 x £2 per cent stake
P&L = 48¢ x £2 per cent stake
P&L = £96 profit
Trading shares, whether by spread betting or otherwise, is not easy. In the above example, you had bet that the share price would go up. Naturally, the share price might fall.
If the Anglogold Ashanti share price began to drop then you could choose to close your trade in order to limit your losses.
If the market dropped to $47.92 - $48.00 then you would settle your trade by selling at $47.92. Accordingly, your loss would be:
P&L = (Final Level - Initial Level) x stake
P&L = ($47.92 - $48.36) x £2 per cent stake
P&L = -$0.44 x £2 per cent stake
P&L = -44¢ x £2 per cent stake
P&L = -£88 loss
Note - Anglogold Ashanti Rolling Daily market correct as of 09-Dec-10.
Where can I Find Live Prices on Anglogold Ashanti?
If you want to access live spread betting markets, including US shares, then you generally need to open an account with a spread betting company. Note that accounts are subject to status.
The spread betting firms listed on this page do not charge fees for account applications.
If your application is approved then you can log on to their website and access their Live Prices and charts. There is no charge for looking at their prices.
The catch? You'll get the odd email or letter from them. The companies below also offer clients access to candlestick charts.
Of course, if you do trade then you should note that spread betting carries a high level of risk to your capital and you could lose more than your initial investment.
Live prices are available for account holders at:
Where can I Find Candlestick Charts for Anglogold Ashanti?
Like live prices, if you want to access candlestick charts for US shares then you generally need to open an account with a spread betting company that offers US shares. Note that accounts are subject to status.
If your application is approved then you can log on to their website and access their candlestick charts.
You can usually alter the charts to see market data by the tick, by the minute, by the hour, by the week etc. There are also other options that allow you to easily add analysis such as Bollinger Bands and Moving Averages.
As you can see the charts show how US share prices, as with most financial spread betting markets, are not perfect and how you can expect the prices to "gap".
Advert:
Anglogold Ashanti Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on Anglogold Ashanti with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Anglogold Ashanti Spread Betting' by DB, updated 01-Nov-12
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