Greece 20 Financial Spread Betting Guide
Clean Financial - The Financial Spread Betting Website
Greece 20 Spread Betting

Greece 20 Spread Betting




Where Can I Spread Bet on the Greece 20?


You can currently spread bet on the Greece 20 and other indices at:

» IG

Where Can I Find Free Live Greece 20 Prices?


If you want to access quick live market information then you could do worse than opening an account with a spread betting company like IG Index.

Also, you don't have to trade with them, if you just open an account (which is free to do) then their data is free. The catch? You'll get the odd email or letter from them. In the example below you can also see that their free charts are also useful.


Where Can I Find Live Prices and Charts for the Greece 20?


This CFD trading chart will give readers a valuable guide to the Greece 20 index market.

The Plus 500 chart that we use above usually follows the Greece 20 futures contract.

If you want to review financial spread betting prices and live charts for the Greece 20, you generally need a spread trading account.

Please note that all accounts are subject to suitability and status checks.

Should your account application be accepted, you will be able to log on and check the live charts and the current pricing. Usually, these will be free, however, the catch is that you'll probably get an occasional sales letter and/or call from the relevant financial spread betting provider.

If you want to trade, remember that CFDs and financial spread betting carry a high level of risk and you may lose more than your initial investment.


Greek Stock Market (Greece 20) Trading Updates


Date Trading Update
13-Jul-15 [3:45pm] Should the Markets Be Pricing in the New Greek Deal?



Update by Chris Beauchamp, Market Analyst, IG Index
01-Jul-15 [1:06pm] Greece's Options Explained



Update by Chris Beauchamp, Market Analyst, IG Index
29-Jun-15 [9:08am] Greek Stock Market Closed This Week

Note that it's not just the Greek banks that are closed this week.

The Greek stock market will be closed all week too.

Update by Jacob Wood, Editor, CleanFinancial
18-Jun-15 [12:39pm] The Greek Timetable and the Deadline to Repay Loans



Update by IG Index
04-Feb-15 [1:02pm]

What are Greece Asking For and Will they Get It?



With Greek Finance Minister Varoufakis touring Europe to get support for their debt proposals, IG talk to James Butterfill, Global Equity Strategist from Coutts, about what the proposals entail and what the Greeks are likely to achieve.

Mr Butterfill suggests that there may be some opportunities for lucky traders but warns that the risks are currently too great for his firm to get involved.



Update by IG Index

» For more see Stock Market Trading News & Analysis.

Readers please note:


Some Kind of Deal on Greek Debt is Likely


Below, economic historian Garrick Hileman still thinks that the EU and Greece will kick that can down that very long road.

And let's be fair, both sides have form when it comes to that poor unfortunate can.

But there is political kryptonite in the way.

If there's no deal...no one knows what will happen.


Video date: 19 June 2015


Spread Betting on the Grexit


A quick 3 minute video looking at what could happen, and the markets that could move.

Stock markets might fall quickly, particular the DAX and CAC. But the drop may be short-lived.


Video date: 24 June 2015


Greece 20 Charts Example


As mentioned above, you can get free charts with spread betting companies like IG.

As with most candlestick charts, you can alter the charts to see market data by the minute, by the hour, by the week etc. There are also a number of other settings designed to help you analyse the markets.

Example Stock Market Charts:

Indices Spread Betting Candlestick Charts


The Greece 20 index may be available with other brokers.


Where Can I Trade the Greece 20 for Free?


It depends upon what you mean by 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 the Greece 20 and other index markets commission free and with no brokers' fees with IG Index.


Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read Financial Spreads review.


How to Spread Bet on the Greece 20

How to Spread Bet on the Greece 20?


As with a range of financial markets, it is possible to spread bet on stock market indices, such as the Greece 20, to go up or down.

If an investor was to look at the IG spread betting site, they are valuing the Greece 20 March Futures market at 743.3 - 748.0. Therefore, an investor can spread bet on the Greece 20 index:
  • Settling higher than 748.0, or
  • Settling lower than 743.3
On the settlement date for this 'March' market, 18-Mar-11.

Whilst financial spread trading on the Greece 20 index you trade in £x per point. As a result, should you choose to invest £10 per point and the Greece 20 moves 5.0 points then that would alter your P&L by £50. £10 per point x 5.0 points = £50.

For short term trading on stock indices also see index spread betting guide.

Greece 20 Futures Trading Example

If you think about the above spread of 743.3 - 748.0 and make the assumptions that:
  • You have analysed your chosen market, and
  • You feel that the Greece 20 index will close higher than 748.0 by 18-Mar-11
Then you could decide that you want to buy at 748.0 for a stake of £5 per point.

With such a bet you make a profit of £5 for every point that the Greece 20 index rises above 748.0. Having said that, such a bet also means that you will lose £5 for every point that the Greece 20 market decreases below 748.0.

Thinking of this in a slightly different way, if you were to ‘Buy’ a spread bet then your P&L 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 price difference by the stake.

Therefore, if, on the closing date, the Greece 20 market settled at 763.0, then:

Profit / loss = (Final Price - Initial Price) x stake
Profit / loss = (763.0 - 748.0) x £5 per point stake
Profit / loss = 15.0 x £5 per point stake
Profit / loss = £75.00 profit

Speculating on stock market indices, whether by spread betting or otherwise, may not go to plan. In this example, you wanted the index to rise. Naturally, the index can also fall.

If the Greece 20 decreased, settling at 731.2, then this means you would make a loss.

Profit / loss = (Final Price - Initial Price) x stake
Profit / loss = (731.2 - 748.0) x £5 per point stake
Profit / loss = -16.8 x £5 per point stake
Profit / loss = -£84.00 loss

Note - Greece 20 March Futures market quoted as of 24-Feb-11.



Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read Financial Spreads review.



Trading Risk Warning
'Greece 20 Spread Betting' edited by Jacob Wood, updated 13-Apr-17

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