National Grid Spread Betting
Where Can I Spread Bet on National Grid? |
Currently, you can speculate on National Grid, and an array of related markets, through providers like:
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| Broker Ratings - Sponsored by IG |
National Grid Broker Ratings |
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 National Grid:
| 17-Jun-13 |  | Neutral | Based on last 5 Ratings | 746 | 799 | 7.16% |
A look at the latest National Grid broker ratings:
| 17-Jun-13 | | Neutral | Exane BNP Paribas | 746 | 780 | 4.60% | | 13-Jun-13 |  | Reduce | AlphaValue | 740 | 743 | 0.40% | | 05-Jun-13 |  | Outperform | RBC Capital Markets | 751 | 900 | 19.80% | | 20-May-13 | | Sell | Societe Generale | 837.5 | 674 | -19.50% | | 17-May-13 | | Outperform | RBC Capital Markets | 830 | 900 | 8.40% | | 16-May-13 | | Sell | Deutsche Bank | 814 | 600 | -26.30% | | 18-Apr-13 | | Outperform | RBC Capital Markets | 791 | 800 | 1.10% | | 03-Apr-13 | | Overweight | Barclays | 782 | 850 | 8.70% | | 02-Apr-13 | | Overweight | HSBC | 777.5 | 850 | 9.30% | | 30-Jan-13 | | Underweight | JPMorgan | 700 | 640 | -8.60% | | 22-Jan-13 | | Outperform | Exane BNP Paribas | 696 | 780 | 12.10% | | 07-Jan-13 | | Sell | Deutsche Bank | 699.5 | 600 | -14.20% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
National Grid Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on National Grid with
Financial Spreads.
|
Where Can I Find Live Spread Betting Prices and Charts for National Grid? |
The real time CFDs chart and prices below will give readers a helpful look at the National Grid share price.
The Plus 500 chart that we use above usually follows the near-term National Grid futures market.
To study spread trading charts and live prices for National Grid, you will probably require a spread trading account.
A spreads account would also let you access the shorter term spot prices. Note that all such accounts are subject to status and suitability checks.
If your application is approved then you can log on and review the up-to-the-minute charts and prices. Usually, these will be provided for free. Having said that, you'll probably get an occasional letter and/or call from your chosen spread trading provider.
Of course, if you do trade then, before you start, remember that contracts for difference and spread trading do involve a high level of risk and losses could exceed your initial investment.
Professional Charts for National Grid |
Despite the fact that the charting packages vary across the industry, in order to assist you with your technical analysis, they often come with user friendly tools and features, including:
- Many different time intervals, for example, 2 minutes, 2 hours, 1 day and so on
- A variety of chart views, for example, candle charts and line charts
- Drawing features, for example, Fibonacci Fans, Time Zones and Arcs
The charts on Selftrade Markets also offer other benefits:
- Back Testing and Custom Indicators
- Useful chart overlays, for example, Bollinger Bands, Parabolic SAR, Price Channels and so on
- Technical indicator charts, for example, Elder Rays, Relative Volatility Index, Linear Regression Slope and so on
- Custom email notifications when the markets hit a particular level
Sample FinancialSpreads.com equity trading chart
The spread betting companies in the list below provide account holders with real-time trading charts and prices:
Where Can I Spread Bet on National Grid for Free? |
Speculating isn't without risk, however, if you want to open a Practice Account (free), that allows you to try financial spread betting on a large variety of markets, then please see below for further details.
When looking at which investment option might work for you, don't forget that in the UK, spread trading is tax free*, i.e. there is no income tax, capital gains tax or stamp duty.
If you're trying to find a free spread trading website, you should note that investors are able to spread bet on National Grid without having to pay any commissions or brokers' fees through providers like:
If you're interested in a (free) Demo Account / Test Account that allows you to trial spread betting, and speculating on markets such as National Grid, then you could always have a look at:
Each of the spread betting companies listed above currently provide a Test Account that lets investors use charts, gain experience with a range of orders and test new trading strategies.
How to Spread Bet on National Grid? |
If an investor wants to invest in UK listed companies like National Grid then one solution could be spread trading on the National Grid share price.
Looking at a spread trading website like SelftradeMarkets, you can see that they have put the National Grid Rolling Daily market at 704.6p - 706.4p. This means you could spread bet on the National Grid shares:
 Increasing above 706.4p, or
 Decreasing below 704.6p
Whilst making a spread bet on UK equities you trade in £x per penny. So, if you staked £5 per penny and the National Grid share price changes by 33p then that would make a difference to your P&L of £165. £5 per penny x 33p = £165.
Rolling Daily Shares Markets
This is a Rolling Daily Market which means that there is no settlement date for this market. If a trade is still open when the markets close at the end of the day, it will stay open and roll over into the next trading session.
If you allow your bet to roll over and are spread betting on the market to:
Rise - then you'll pay a small overnight financing fee, or
Fall - then you will often receive a small payment to your account
For a fully worked example see Rolling Daily Spread Betting.
National Grid Rolling Daily - Shares Trading Example |
Now, if we think about the spread of 704.6p - 706.4p and assume:
- You've analysed the shares, and
- Your analysis leads you to feel the National Grid share price looks like it will move higher than 706.4p
Then you might decide that you are going to buy a spread bet at 706.4p and risk, for the sake of argument, £5 per penny.
With such a spread bet you win £5 for every penny that the National Grid shares increase and move above 706.4p. Of course, it also means that you will make a loss of £5 for every penny that the National Grid market moves lower than 706.4p.
Looked at another way, if you were to buy a spread bet then your profit/loss is found 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 the stake.
Therefore, if after a few days the share price rose then you might want to close your position so that you can lock in your profit.
So if the market rose then the spread, determined by the spread betting company, could be adjusted to 727.6p - 729.4p. To close your position you would sell at 727.6p. Therefore, with the same £5 stake:
Your profit / loss = (Closing Level - Opening Level) x stake
Your profit / loss = (727.6p - 706.4p) x £5 per penny stake
Your profit / loss = 21.2p x £5 per penny stake
Your profit / loss = £106.00 profit
Speculating on shares, whether by spread trading or otherwise, is not easy. In this case, you had bet that the share price would rise. Nevertheless, it might decrease.
If the National Grid shares fell then you might choose to close your position in order to limit your losses.
Should the spread pull back to 681.7p - 683.5p you would settle your position by selling at 681.7p. Accordingly, your loss would be:
Your profit / loss = (Closing Level - Opening Level) x stake
Your profit / loss = (681.7p - 706.4p) x £5 per penny stake
Your profit / loss = -24.7p x £5 per penny stake
Your profit / loss = -£123.50 loss
Note - National Grid Rolling Daily market correct as of 19-Oct-12.
Advert:
National Grid Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on National Grid with
Financial Spreads.
|
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.
'National Grid Spread Betting' by DB, updated 17-Jun-13
For related pages also see:
Spread Betting on FTSE 100 Companies, updated 19-Jun-13
Share trading review of the FTSE 100 companies. Our individual spread betting guides come with regular broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, share specific trading examples, where to...read article: Spread Betting on FTSE 100 Companies.
Barclays Spread Betting, updated 19-Jun-13
Barclays spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Barclays, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Barclays Spread Betting.
Spread Betting on BP, updated 19-Jun-13
BP spread betting and share trading guide with live prices and charts. Plus, broker recommendations on BP, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Spread Betting on BP.
HSBC Spread Betting, updated 19-Jun-13
HSBC spread betting and share trading guide with live prices and charts. Plus, broker recommendations on HSBC, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: HSBC Spread Betting.
Lloyds Spread Betting, updated 19-Jun-13
Lloyds spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Lloyds, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Lloyds Spread Betting.
RBS Spread Betting, updated 19-Jun-13
RBS spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Royal Bank of Scotland, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: RBS Spread Betting.
Rio Tinto Spread Betting, updated 18-Jun-13
Rio Tinto spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Rio Tinto, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Rio Tinto Spread Betting.
Vodafone Spread Betting, updated 18-Jun-13
Vodafone spread betting and share trading guide with live prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on the shares tax-free* and commission-free, how to trade the UK company and...read article: Vodafone Spread Betting.
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