Pace Spread Betting
Where Can I Spread Bet on Pace? |
Currently, investors can speculate without paying any brokers' fees or commissions on Pace with an account from the following firms:
Advert:
Pace Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Pace with
Financial Spreads.
|
 |
| 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 Pace:
| 24-Apr-13 |  | Buy | Based on last 5 Ratings | 235 | 272 | 15.57% |
A look at the latest Pace broker ratings:
| 24-Apr-13 | | Buy | Jefferies | 235 | 263 | 11.90% | | 19-Apr-13 | | Buy | Canaccord Genuity | 234.5 | 286 | 22.00% | | 15-Apr-13 |  | Equalweight | Barclays | 238 | 250 | 5.00% | | 27-Mar-13 | | Overweight | JPMorgan | 238.8 | 290 | 21.40% | | 05-Mar-13 | | Overweight | JPMorgan | 230.7 | 269 | 16.60% | | 10-Jan-13 | | Overweight | JPMorgan | 197.6 | 229 | 15.90% |
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:
Pace Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Pace with
Financial Spreads.
|
Where Can I Spread Bet on Pace for Free? |
Investing, by its very nature, always comes with risk. Having said that, if you would like to open a Test Account, that allows you to try financial spread betting, then please see below.
When considering which trading option is right for you, don't forget that, in the UK, spread trading is currently exempt from capital gains tax, income tax and stamp duty*.
If you want to try a free online spread betting platform, you should note that investors can spread bet on Pace with no commissions and no brokers' fees via providers like:
If you're looking for a (free) Demo Account where you can try out online spread betting, and markets like Pace, then have a look at:
Each of the spread betting firms listed above provide a risk free Test Account which lets users try out new theories, access charts and practice with trading orders, like guaranteed stop losses and trailing stop losses.
How to Spread Bet on Pace? |
Should you want to speculate on companies like Pace then one option could be spread betting on the Pace share price.
Looking at a financial spread betting website like InterTrader, we can see they are pricing the Pace Rolling Daily market at 185.0p - 185.7p. This means that an investor could put a spread bet on the Pace share price:
 Increasing above 185.7p, or
 Decreasing below 185.0p
Whilst financial spread betting on FTSE 350 shares you trade in £x per penny. As a result, if you chose to risk £4 per penny and the Pace share price changes by 23p then that would alter your profits (or losses) by £92. £4 per penny x 23p = £92.
Rolling Daily Shares Markets
One thing to note is that this is a Rolling Daily Market which means that unlike a normal spread betting futures market, there is no closing date. Should your trade be left open at the end of the trading day, it just rolls over to the next trading session.
Should your position roll over, if you are speculating that the market will:
Rise - then you will pay a small overnight financing fee, or
Fall - then you will normally receive a small credit to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
Pace Rolling Daily - Equities Trading Example |
So, if you consider the above spread of 185.0p - 185.7p and assume that:
- You've analysed the shares, and
- Your analysis suggests that the Pace share price is likely to go higher than 185.7p
Then you might decide to buy at 185.7p and risk, for the sake of argument, £15 per penny.
With such a bet you win £15 for every penny that the Pace shares move above 185.7p. Of course, it also means that you will lose £15 for every penny that the Pace market moves lower than 185.7p.
Thinking of this in a slightly different way, should you ‘Buy’ a spread bet then your P&L is found by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that price difference by the stake.
As a result, if after a few days the shares moved higher then you could consider closing your trade so that you can guarantee your profit.
So if the market moved up then the spread, determined by the spread betting firm, could change to 193.1p - 193.8p. In order to close your trade you would sell at 193.1p. Therefore, with the same £15 stake this trade would make you a profit of:
Profits (or losses) = (Settlement Price - Initial Price) x stake
Profits (or losses) = (193.1p - 185.7p) x £15 per penny stake
Profits (or losses) = 7.4p x £15 per penny stake
Profits (or losses) = £111.00 profit
Trading equities, whether by spread betting or not, may not go to plan. In the above example, you wanted the share price to increase. Of course, it could fall.
If the Pace share price began to fall then you might decide to settle/close your spread bet in order to limit your losses.
So if the spread fell to 177.3p - 178.0p then this means you would settle your trade by selling at 177.3p. Accordingly, your loss would be:
Profits (or losses) = (Settlement Price - Initial Price) x stake
Profits (or losses) = (177.3p - 185.7p) x £15 per penny stake
Profits (or losses) = -8.4p x £15 per penny stake
Profits (or losses) = -£126.00 loss
Note: Pace Rolling Daily spread betting price taken as of 31-Oct-12.
Where Can I Find Live Spread Betting Prices and Charts for Pace? |
Should you want to check prices and charts for Pace, you can use a financial spread betting account. Please note that opening such an account is subject to suitability, status and credit checks.
Should your application be approved then you will be able to log in and review the live prices and charts. Usually, these are provided for free. The catch? You might receive an occasional call and/or newsletter from your spread betting company.
Of course, if you decide to spread bet then, before you start, you should be aware that financial spread betting carries a significant level of risk and can result in losses that exceed your initial deposit.
Even though charting software and packages can vary from platform to platform, in order to aid your trading analysis, the majority of charts usually have useful tools and features, including:
- An array of intervals such as 5 minutes, 15 minutes, 4 hours and so on
- Different displays such as candlestick and line charts
- Drawing options and features such as Fibonacci Arcs, Fans and Time Zones
Charts provided by CapitalSpreads also have advanced features like:
- Back Testing, Tailored Indicators and Analysis tools
- Useful overlays such as Bollinger Bands, Parabolic SAR, Linear Regression and so on
- A choice of indicator charts such as ADX, Relative Strength Index (RSI), Klinger Oscillator and so on
- Customised email alerts when the markets reach a pre-determined level
Sample trading chart from Financial Spreads
The following financial spread betting firms offer their clients real-time trading charts and prices:
Advert:
Pace Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Pace 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.
'Pace Spread Betting' by DB, updated 25-Apr-13
For related pages also see:
Spread Betting on FTSE 250 Companies, updated 23-May-13
Spread Betting on FTSE 250 shares: Individual guides to FTSE 250 companies with broker ratings. Plus where to get live charts and prices for FTSE 250 companies, worked spread betting examples and...read article: Spread Betting on FTSE 250 Companies.
Kazakhmys Spread Betting, updated 23-May-13
Kazakhmys spread betting guide with live Kazakhmys share prices and charts. Plus, broker recommendations on Kazakhmys, where to spread bet on Kazakhmys shares tax-free* and commission-free, how to spread bet on the Kazakhmys share price and...read article: Kazakhmys Spread Betting.
Pennon Group Spread Betting, updated 23-May-13
Pennon Group spread betting guide with live Pennon share prices and charts. Plus, broker recommendations on Pennon, where to spread bet on Pennon shares tax-free* and commission-free, how to spread bet on the Pennon share price and...read article: Pennon Group Spread Betting.
Debenhams Spread Betting, updated 22-Apr-13
Debenhams spread betting guide: live Debenhams charts and prices. Plus, broker ratings on Debenhams shares, where to spread bet on Debenhams shares commission-free and tax-free*, how to spread bet on Debenhams and...read article: Debenhams Spread Betting.
Dixons Spread Betting, updated 16-May-13
Dixons spread betting guide: live Dixons charts and prices. Plus, broker ratings on Dixons shares, where to spread bet on Dixons shares commission-free and tax-free*, how to spread bet on Dixons and...read article: Dixons Spread Betting.
Home Retail Group Spread Betting, updated 02-May-13
Home Retail Group spread betting guide: live Home Retail charts and prices. Plus, broker ratings on Home Retail shares, where to spread bet on Home Retail shares commission-free and tax-free*, how to spread bet on Home Retail and...read article: Home Retail Group Spread Betting.
Halfords Spread Betting, updated 23-May-13
Halfords spread betting guide: live Halfords charts and prices. Plus, broker ratings on Halfords shares, where to spread bet on Halfords shares commission-free and tax-free*, how to spread bet on Halfords and...read article: Halfords Spread Betting.
ICAP Spread Betting, updated 14-May-13
ICAP spread betting guide: live ICAP charts and prices. Plus, broker ratings on ICAP shares, where to spread bet on ICAP shares commission-free and tax-free*, how to spread bet on ICAP and...read article: ICAP Spread Betting.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|
