Category — Financial Fixed Odds

Where to Spread Bet on Michael Page?

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

• Financial Spreads
• Inter Trader
• IG Index

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

Spread Betting on Michael Page

If you decide to invest in UK companies like Michael Page then one solution is a spread bet on the Michael Page share price.

If an investor was to look at the InterTrader trading site, as of Friday, they were showing the Michael Page Rolling Daily market at 322.2p – 323.7p. As a result, you can spread trade on the Michael Page share price:

• Going above 323.7p, or
• Going below 322.2p

When financial spread betting on FTSE 350 shares you trade in £x per penny. Therefore, if you invest £20 per penny and the Michael Page share price moves 5p then there would be a difference to your P&L of £100. £20 per penny x 5p = £100.

Rolling Daily Equities Markets

One important thing to note is that this is a Rolling Daily Market and so unlike a futures market, there is no settlement date. If a trade is still open when the markets close at the end of the day, it just rolls over to the next trading session.

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

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

For a more detailed guide to Rolling Daily Markets, including a fully worked example, please read our feature Rolling Daily Spread Betting.

Michael Page Rolling Daily Equities Spread Trading Example

So, if we consider the spread of 322.2p – 323.7p and assume:

• you have analysed the equities market, and
• you think that the Michael Page share price looks like it will push above 323.7p

then you might decide that you want to go long of the market at 323.7p for a stake of, for example, £10 per penny.

With such a spread bet you make a profit of £10 for every penny that the Michael Page shares increase and go higher than 323.7p. Of course, such a bet also means that you will make a loss of £10 for every penny that the Michael Page market falls below 323.7p.

Put another way, should you ‘Buy’ a spread bet then your profits (or losses) are worked out by taking the difference between the closing price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.

Therefore, if after a few days the share price moved higher then you might want to close your spread bet in order to secure your profit.

Therefore, if the market moved up then the spread might move to 335.5p – 337.0p. You would close your position by selling at 335.5p. As a result, with the same £10 stake your profit would come to:

Profit = (Closing Level – Initial Level) x stake
Profit = (335.5p – 323.7p) x £10 per penny stake
Profit = 11.8p x £10 per penny stake
Profit = £118.00 profit

Trading equities, whether by spread betting or otherwise, is not easy. In this example, you had bet that the share price would go up. Nevertheless, the share price can also decrease.

If the Michael Page stock fell then you might choose to close your trade to limit your losses.

So if the spread pulled back to 313.5p – 315.0p then this means you would settle your position by selling at 313.5p. As a result, your loss would be:

Loss = (Closing Level – Initial Level) x stake
Loss = (313.5p – 323.7p) x £10 per penny stake
Loss = -10.2p x £10 per penny stake
Loss = -£102.00 loss

Note: Michael Page Rolling Daily spread betting price accurate as of 09-Dec-11.

Michael Page Spread Betting – More Details

For more information on trading Michael Page, also see Michael Page Spread Betting.

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.

Where to Spread Bet on Cable & Wireless Worldwide?

You can spread bet on Cable & Wireless Worldwide with any of the following companies:

• Financial Spreads
• Tradefair
• IG Index

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

Spread Betting on Cable & Wireless Worldwide

If you decide to speculate on UK listed companies like Cable & Wireless Worldwide then one option could be to spread trade on the Cable & Wireless Worldwide share price.

If an investor was to look at the capital spreads website, as of Thursday, they were showing the Cable & Wireless Worldwide Rolling Daily market at 20.7p – 20.9p. This means you can spread bet on the Cable & Wireless Worldwide shares:

• Going above 20.9p, or
• Going below 20.7p

Whilst financial spread betting on UK shares you trade in £x per penny. So, should you decide to invest £15 per penny and the Cable & Wireless Worldwide shares move 5p then that would change your P&L by £75. £15 per penny x 5p = £75.

Rolling Daily Shares Markets

One important thing to note is that this is a Rolling Daily Market and so it does not have a set closing date. If you decide to leave your trade open at the end of the day, it simply keeps rolling over into the next day.

If you do roll over a trade and you are spread betting that the market will:

• Go up – then you would normally pay a small financing fee, or
• Go down – then you will normally receive a small credit to your account

You can learn more in our feature Rolling Daily Spread Betting.

Cable & Wireless Worldwide Rolling Daily Shares Spread Trading Example

So, if we think about the spread of 20.7p – 20.9p and assume:

• you have analysed the equities market, and
• you feel that the Cable & Wireless Worldwide share price will move above 20.9p

then you could decide to buy a spread bet at 20.9p and invest £25 per penny.

With such a bet you win £25 for every penny that the Cable & Wireless Worldwide shares push higher than 20.9p. On the other hand, it also means you will lose £25 for every penny that the Cable & Wireless Worldwide market goes below 20.9p.

Thinking of this in a slightly different way, should you buy a spread bet then your profit/loss is calculated by taking the difference between the closing price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.

If after a few hours the stock moved higher then you might want to close your position in order to secure your profit.

As an example, should the market rise, the spread might move to 24.0p – 24.2p. You would close/settle your spread bet by selling at 24.0p. As a result, with the same £25 stake your profit would come to:

Your profits (or losses) = (Final Price – Opening Price) x stake
Your profits (or losses) = (24.0p – 20.9p) x £25 per penny stake
Your profits (or losses) = 3.1p x £25 per penny stake
Your profits (or losses) = £77.50 profit

Speculating on shares is not always straightforward. In the above example, you wanted the share price to increase. However, the share price could fall.

If the Cable & Wireless Worldwide shares began to drop then you might choose to close your spread bet in order to restrict your losses.

If the spread fell to 17.3p – 17.5p then this means you would close your position by selling at 17.3p. Therefore, you would make a loss of:

Your profits (or losses) = (Final Price – Opening Price) x stake
Your profits (or losses) = (17.3p – 20.9p) x £25 per penny stake
Your profits (or losses) = -3.6p x £25 per penny stake
Your profits (or losses) = -£90.00 loss

Note – Cable & Wireless Worldwide Rolling Daily market accurate as of 17-Nov-11.

Cable & Wireless Worldwide Spread Betting – More Details

For more information on trading Cable & Wireless Worldwide, also see Cable & Wireless Worldwide Spread Betting.

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.

In mid-morning trade the FTSE 100 is slightly higher on the day.

Markets appear to be taking something of a breather so far today after this week’s volatility.

There is very little on the calendar for traders to focus on today. The Italian government is having a vote on austerity measures but, as there is a further vote next week, the European debt crisis is on hold for today at least.

The biggest gainer so far today is investment manager Schroders and this seems to be something of a delayed reaction to yesterday’s results.

However, for most of this year rallies have ultimately proved to be fruitless so there is still some hesitation in buying into today’s momentum.

Looking ahead to the US open, at the moment we are expecting the Dow Jones index spread trading market to start around 60 points higher.

The only event on the calendar this afternoon is Michigan Sentiment data so it may end up being a much-needed quieter finish to the week.

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.

Financial Market Comments from David Jones, Chief Market Strategist, IG Index.

The above comments do not constitute investment advice and Clean Financial accepts no responsibility for any use that may be made of them.

Content provided by IG Index which is Authorised and regulated by the Financial Services Authority. FSA Register number 114059.

In mid-morning trade the FTSE is managing to hold onto early gains following the strong finish to US trading last night.

The buyers are definitely back in action today after something of a break.

Insurer, Standard Life is enjoying a 10% rally after better-than-expected results cheered investors.

This means the share price has managed to claw back nearly all of the losses incurred during this month’s rout in the shares spread betting markets.

Last night’s statement by the Federal Reserve about keeping interest on the floor for at least the next two years has proved to be the excuse that markets were looking for to drag them out of their steep spiral.

The real test will be over the next couple of days if the major stock market indices can hang onto this bounce.

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.

Financial Market Comments from Ben Critchley, Sales Trader, IG Index.

The above comments do not constitute investment advice and Clean Financial accepts no responsibility for any use that may be made of them.

Content provided by IG Index which is Authorised and regulated by the Financial Services Authority. FSA Register number 114059.

In mid-morning trade the FTSE 100 is under some pressure and has slipped back to yesterday’s low.

Despite a recovery for US stocks after the European close, sentiment in London remains in the doldrums this morning.

Strong results from Aviva gave a small boost early on, but much of this confidence faded quickly.

Lloyds Banking Group are languishing near the bottom of the blue chip table following first-half losses on the back of Irish loan provisions.

Banks have been out of favour with UK investors for much of the last 12 months and results like this against a backdrop of a sliding broader market are unlikely to change that view anytime soon.

Looking ahead to the US open at the moment we are expecting the Dow to start around 60 points lower when trading resumes.

With US Non Farm Payrolls due out tomorrow, traders would normally expect a quiet day in advance of this, but with nerves frayed following this week’s plunges it could well be another volatile session ahead.

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.

Financial Market Comments from Will Hedden, Sales Trader, IG Index.

The above comments do not constitute investment advice and Clean Financial accepts no responsibility for any use that may be made of them.

Content provided by IG Index which is Authorised and regulated by the Financial Services Authority. FSA Register number 114059.