Melrose Spread Betting
Where Can I Spread Bet on Melrose?
You can currently spread bet on Melrose by opening an account with a number of spread betting firms:
|Broker Ratings - Sponsored by IG
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Melrose:
|27-Jan-15 ||Buy ||Based on last 5 Ratings ||279.3 ||315 ||12.78%|
A look at the latest Melrose broker ratings:
|27-Jan-15||Outperform||RBC Capital Markets||279.3||330||18.20%|
|06-Jan-15||Add||Numis Securities Ltd||260.9||290||11.20%|
|24-Dec-14||Outperform||RBC Capital Markets||267.1||330||23.50%|
|18-Dec-14||Add||Numis Securities Ltd||254.8||290||13.80%|
|01-Dec-14||Add||Numis Securities Ltd||254.9||290||13.80%|
|20-Oct-14||Buy||Numis Securities Ltd||247.2||290||17.30%|
|03-Oct-14||Outperform||RBC Capital Markets||246.6||330||33.80%|
|25-Sep-14||Outperform||Exane BNP Paribas||238.2||290||21.70%|
|09-Sep-14||Outperform||RBC Capital Markets||259.9||330||27.00%|
|05-Sep-14||Add||Numis Securities Ltd||269||290||7.80%|
|26-Aug-14||Outperform||RBC Capital Markets||280.1||330||17.80%|
|12-Aug-14||Outperform||RBC Capital Markets||268.1||330||23.10%|
|15-Jul-14||Outperform||RBC Capital Markets||260||330||26.90%|
|10-Jun-14||Outperform||RBC Capital Markets||283.8||390||37.40%|
|06-May-14||Hold||Numis Securities Ltd||290.6||290||-0.20%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Melrose?
The following CFDs chart will provide readers with a helpful view of the Melrose share price.
The above chart from Plus 500 is usually based on the near-term Melrose futures market (not the daily market).
If you'd like to access financial spread betting prices and charts for Melrose, you might need a spread trading account.
In addition, a spreads account would let you access daily contracts. Users should note that all accounts are subject to suitability, credit and status checks.
If your account application is approved then you will be able to log in and see the real time charts and prices. Usually, these are provided for free. The catch is that you'll probably receive an occasional sales letter or call from the relevant spread betting firm.
If you do decide to trade then, before starting, be aware that spread betting and contracts for difference do carry a high degree of risk to your capital and it's possible to incur losses that exceed your initial deposit.
See below for more on advanced Melrose charts.
Professional Level Charts for Melrose
Despite the fact that charts can vary across the industry, in order to assist you with your analysis, most charts usually have user friendly features such as:
The charts from FinancialSpreads.com also come with more advanced aspects like:
- An array of time intervals e.g. 2 minutes, 30 minutes, 4 hours etc.
- Different views e.g. OHLC, candlestick and line charts
- Drawing options and tools e.g. Fibonacci time zones, fans and arcs
FinancialSpreads shares chart
- Tailored Indicators, BackTesting and Analysis tools
- Important chart overlays e.g. Parabolic SAR, Ichimoku Kinko Hyo, Linear Regression etc.
- A selection of indicators e.g. Range Indicator, Relative Momentum Index, Ultimate Oscillator etc.
- Customised email alerts when your chosen market hits a certain level
The spread betting firms in the list below provide users with live trading charts/prices:
Where Can I Spread Bet on Melrose for Free?
Speculating on the markets always involves a degree of risk. Nevertheless, if you want to try a (free) Practice Account, which lets you look at candlestick charts and try spread trading, then see below for further details.
When deciding which investment option is right for you, also remember that, in the UK, financial spread betting is currently tax free*.
If you want a free spread betting website then note that investors can take a view on Melrose without commissions or brokers' fees through firms like:
Should you want to have a look at a completely free Practice Account that allows you to get a better feel for financial spread betting, and markets such as the DAX 30, USD/JPY, EUR/GBP and Melrose, then you could always have a closer look at:
Each of the above companies currently offer a risk free Test Account which lets investors check charts, practice with a variety of trading orders and try out new trading ideas.
How to Spread Bet on Melrose?
If you want to speculate on UK listed companies such as Melrose then one option could be to spread trade on the Melrose share price.
Looking at InterTrader, we can see they have priced the Melrose Rolling Daily market at 245.0p - 245.7p. This means an investor could spread trade on the Melrose share price:
Going higher than 245.7p, or
Going lower than 245.0p
Whilst spread betting on UK equities you trade in £x per penny. So, if you chose to have a stake of £4 per penny and the Melrose share price changes by 36p then that would make a difference to your profit/loss of £144. £4 per penny x 36p = £144.
Rolling Daily Shares Markets
An important aspect of this Rolling Daily Market is that there is no closing date for this market. You do not have to close your position, should it still be open at the end of the trading day, it will simply roll over to the next session.
If you do let your position roll over into the next day and are spread betting on the market to:
Go higher - then you are charged a small overnight financing fee, or
Go lower - then you will usually receive a small credit to your account
To see a fully worked example read Rolling Daily Spread Betting.
Melrose Rolling Daily - Equities Spread Trading Example
So, if we think about the spread of 245.0p - 245.7p and make the assumptions:
Then you may decide that you are going to buy a spread bet at 245.7p and invest, for the sake of argument, £15 per penny.
- You have analysed the stock market, and
- Your analysis leads you to think the Melrose share price will increase and move higher than 245.7p
With such a spread bet you win £15 for every penny that the Melrose shares push above 245.7p. On the other hand, it also means you will make a loss of £15 for every penny that the Melrose market moves below 245.7p.
Looking at this from another angle, should you ‘Buy’ a spread bet then your profits (or losses) are found by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that difference in price by the stake.
If after a few trading sessions the stock rose then you might consider closing your spread bet in order to secure your profit.
As an example, should the market rise, the spread, determined by the spread betting firm, could change to 256.1p - 256.8p. To settle/close your trade you would sell at 256.1p. Accordingly, with the same £15 stake this trade would make you a profit of:
Profit = (Settlement Level - Initial Level) x stake
Profit = (256.1p - 245.7p) x £15 per penny stake
Profit = 10.4p x £15 per penny stake
Profit = £156.00 profit
Speculating on equities, whether by spread betting or otherwise, is not simple. In this case, you had bet that the share price would increase. However, it can also go down.
If the Melrose share price had started to fall then you could choose to close your spread bet in order to restrict your losses.
If the spread dropped to 236.1p - 236.8p then this means you would sell back your position at 236.1p. If so, that would mean you would lose:
Loss = (Settlement Level - Initial Level) x stake
Loss = (236.1p - 245.7p) x £15 per penny stake
Loss = -9.6p x £15 per penny stake
Loss = -£144.00 loss
Note - Melrose Rolling Daily spread betting price correct as of 19-Oct-12.
Melrose Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Melrose with
'Melrose Spread Betting' edited by Jenna Cutly, updated 27-Jan-15
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