Where to Spread Bet on Ruspetro?

You can spread bet on Ruspetro with any of the following companies:

• Financial Spreads
• Tradefair
• IGIndex

Although note that you can also spread bet with other Spread Betting Companies.

Spread Betting on Ruspetro

Should you decide to speculate on UK companies like Ruspetro then one solution could be spread betting on the Ruspetro share price.

Looking at the Capital Spreads spread trading site, as of Friday, they were showing the Ruspetro Rolling Daily market at 145.7p – 146.6p. Therefore, an investor could spread trade on the Ruspetro share price:

• Rising above 146.6p, or
• Falling below 145.7p

When spread betting on FTSE 350 equities you trade in £x per penny. So, if you choose to risk £30 per penny and the Ruspetro share price moves 5p then that would change your bottom line by £150. £30 per penny x 5p = £150.

Rolling Daily Equities Markets

It is important to note that this is a Rolling Daily Market and so there is no preset settlement date for this market. If your trade is still open at the end of the trading day, it simply keeps rolling over into the next day.

If you do let your bet roll over into the next day and are spread betting on the market to:

• Move higher – then you are usually charged a small overnight financing fee, or
• Move lower – then a small payment is usually credited to your account

For more information see Rolling Daily Spread Betting.

Ruspetro Rolling Daily Equities Trading Example

If we think about the spread of 145.7p – 146.6p and make the assumptions that:

• you have analysed the equities market, and
• it leads you to feel that the Ruspetro share price will move above 146.6p

then you may decide that you want to buy a spread bet at 146.6p and invest, for example, £15 per penny.

So, you win £15 for every penny that the Ruspetro shares increase and move higher than 146.6p. Nevertheless, you will lose £15 for every penny that the Ruspetro market moves below 146.6p.

Put another way, should you buy a spread bet then your profits (or losses) are found by taking the difference between the closing price of the market and the price you bought the market at. You then multiply that price difference by your stake.

If after a few sessions the stock moved higher then you might want to close your trade so that you can lock in your profit.

So if the market moved up then the spread, set by the spread trading firm, might move up to 153.9p – 154.8p. To settle/close your trade you would sell at 153.9p. Therefore, with the same £15 stake:

Profit / loss = (Closing Price – Opening Price) x stake
Profit / loss = (153.9p – 146.6p) x £15 per penny stake
Profit / loss = 7.3p x £15 per penny stake
Profit / loss = £109.50 profit

Speculating on equities can fail to go to plan. In this example, you wanted the share price to rise. Naturally, the share price might fall.

If the Ruspetro share price decreased, contrary to your expectations, then you could close your trade in order to restrict your losses.

So if the spread dropped to 140.4p – 141.3p then this means you would close your spread bet by selling at 140.4p. As a result, your loss would be:

Profit / loss = (Closing Price – Opening Price) x stake
Profit / loss = (140.4p – 146.6p) x £15 per penny stake
Profit / loss = -6.2p x £15 per penny stake
Profit / loss = -£93.00 loss

Note – Ruspetro Rolling Daily equities market quoted as of 01-Jun-12.

Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It 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.