Korea 200 Spread Betting
Where Can I Spread Bet on the Korea 200? |
You can currently spread bet on the Korea 200 and other indices at:
» IG Index
» City Index
» GFT
Korean Stock Market Trading News
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| 20-Jun-13 |
[5:00am] Asian markets are trading lower this morning, after US Fed's Chairman Ben Bernanke commented that the central bank might reduce stimulus this year if the economy achieves sustainable growth.
Markets also fell, as a private report showed that China's flash PMI for manufacturing sector declined to its lowest level in nine months in June.
In Japan, oil related stocks, Inpex Corp and JX Holdings traded lower, as crude oil prices dropped in the New York trading session. Sumitomo Realty & Development and Mitsubishi Estate lost value.
In Hong Kong, China Construction Bank Corp and Bank of Communications fell, amid lingering concern over a recent rise in interbank interest rates and as risk appetite decreased among investors.
Copper producers, Jiangxi Copper and Aluminum Corp of China lost value, following an overnight fall in base metal prices.
In South Korea, tech giant Samsung Electronics paced losses and carmaker Hyundai Motor traded lower.
Nikkei 225 is trading 1.1% lower, at 13,101.5. Hang Seng is trading 2.1% lower, at 20,555.5. Kospi is trading 1.4% lower at 1,861.4.
Update by Ishaq Siddiqi, Market Analyst, 
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| 19-Jun-13 |
[5:00am] Asian markets are trading mostly lower this morning, as investors await the outcome of the US Federal Reserve monetary policy meeting. However, Japanese stocks advanced, on a weaker yen and as data showed that Japan's exports increased more than expected in May.
In Japan, shipping stocks, Kawasaki Kisen Kaisha, Nippon Yusen KK and Mitsui OSK Lines paced gains, while Astellas Pharma added value, after it announced plans to offload its dermatology assets.
In Hong Kong, property developers, New World Development, Sino Land and China Resources Land traded lower, on speculation that the Chinese government might introduce more property curbs to contain rising prices.
HSBC Holdings lost value, after the Hong Kong regulatory body stated that it is investigating HSBC and other banks over the possible rigging of local benchmark interest rates.
In South Korea, top builder Hyundai Engineering & Construction and heavy equipment maker Doosan Heavy Industries lost value.
Nikkei 225 is trading 1.3% higher, at 13,170.0. Hang Seng is trading 1.2% lower, at 20,965.0. Kospi is trading 0.8% lower at 1,886.2.
Update by Ishaq Siddiqi, Market Analyst,
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» For more see Stock Market Trading News & Analysis.
This content is for information purposes only and is not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Unless stated otherwise, the above time is based on when we receive the data (London time). All reasonable efforts have been made to present accurate information. The above is not meant to form an exhaustive guide. Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
The Korea 200 index may be available with other brokers.
Where Can I Trade the Korea 200 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 Korea 200 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
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How to Spread Bet on the Korea 200? |
As with a lot of financial markets, you can place a spread bet on stock market indices, like the Korea 200, to rise or fall.
If an investor was to look at the IGIndex website, they are giving the Korea 200 March Futures market at 25708 - 25738. This means you can spread bet on the Korea 200 index:
- Closing above 25738, or
- Closing below 25708
On the closing date for this 'March' market, 10-Mar-11.
When placing a spread bet on the Korea 200 index you trade in £x per point. So, if you choose to risk £1 per point and the Korea 200 moves 75 points then that would be a difference to your profits (or losses) of £75. £1 per point x 75 points = £75.
For short term trading on indices also see Indices Spread Betting.
Korea 200 Futures Spread Betting Example
Now, if we think about the spread of 25708 - 25738 and make the assumptions:
- You have analysed the markets, and
- You feel that the Korea 200 index will settle above 25738 by 10-Mar-11
Then you may decide that you are going to buy at 25738 for a stake of £0.50 per point.
So, you gain £0.50 for every point that the Korea 200 index pushes higher than 25738. Having said that, you will make a loss of £0.50 for every point that the Korea 200 market goes below 25738.
Considering this from another angle, should you ‘Buy’ a spread bet then your P&L is worked out by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.
So if, on the expiry date, the Korea 200 index settled higher at 25944, then:
P&L = (Final Price - Initial Price) x stake
P&L = (25944 - 25738) x £0.50 per point stake
P&L = 206 x £0.50 per point stake
P&L = £103.00 profit
Spread betting may not go to plan. In this example, you wanted the index to go up. Naturally, the index could fall.
If the Korea 200 decreased and settled lower at 25506, then this means you would end up making a loss on this trade.
P&L = (Final Price - Initial Price) x stake
P&L = (25506 - 25738) x £0.50 per point stake
P&L = -232 x £0.50 per point stake
P&L = -£116.00 loss
Note - Korea 200 March Futures spread betting price taken as of 24-Feb-11.
Where Can I Find Free Live Korea 200 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.
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:
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.
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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.
'Korea 200 Spread Betting' by DB, updated 17-May-13
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