Sodexo Spread Betting
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Welcome to Clean Financial's guide to Sodexo spread betting.
Quick and simple answers to common Sodexo questions:
Q) Where can I Spread Bet on Sodexo?
Q) Where can I Spread Bet on French Shares?
Q) Where can I Trade for Free on Sodexo?
Q) How to Spread Bet on Sodexo?
Q) Where can I find Free Live Prices on Sodexo?
Q) Where can I find Free Sodexo Charts?
Advert:
Sodexo Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on Sodexo with
Financial Spreads.
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Where can I Spread Bet on Sodexo shares?
You can currently spread bet on Sodexo and other French shares at:
Note that you can also spread bet on Sodexo with other spread betting companies.
Where can I Spread Bet on Sodexo shares for Free?
It depends upon what you mean by 'Free'
- Spread betting is not risk free. You may lose more than your initial investment.
- If you're looking for a free Demo Account where you can practice French shares spread trading see below.
- Tax 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 Sodexo, and other French and global shares, with no commissions and with no brokers fees at:
Free Demo Account
If you are looking for a free Practice Account / Test Account where you can trial spread betting, including French shares markets like Sodexo, then you could try:
Each of the above currently offers a free demo account.
How to Spread Bet on French Shares - Sodexo Rolling Daily
If you are looking to speculate on European listed companies like Sodexo then one possibility could be to place a spread bet on the Sodexo share price.
If you were to look at the Capital Spreads spread betting site, they are showing the Sodexo Rolling Daily market at €51.95 - €52.09. As a result, you can spread trade on the Sodexo shares:
- Going above €52.09, or
- Going below €51.95
When spread betting on French equities you trade in £x per cent. So, if you chose to have a stake of £4 per cent and the Sodexo shares move €0.05 then that would make a difference to your bottom line of £20. £4 per cent x €0.05 = £20.
Note that you can also invest in this market in Euros or Dollars, e.g. €x per cent.
Rolling Daily Equities Markets
One important thing to note is that this is a Rolling Daily Market and so unlike a normal spread betting futures market, there is no settlement date. If your position is still open at the end of the day, it just rolls over to the next trading session.
If your spread bet is rolled over and you are speculating that the market will:
- Increase - then you normally pay a small overnight financing fee, or
- Decrease - then a small payment will usually be credited to your account
For a more detailed example see Rolling Daily Spread Betting.
Sodexo Rolling Daily - French Shares Spread Trading Example
If you consider the above spread of €51.95 - €52.09 and assume that:
- you have done your analysis of the markets, and
- you think that the Sodexo shares look like they will rise higher than €52.09
then you may decide that you are going to buy a spread bet at €52.09 and risk, for the sake of argument, £2 per cent.
With such a bet you win £2 for every cent that the Sodexo shares increase and move above €52.09. However, it also means that you will lose £2 for every cent that the Sodexo market falls below €52.09.
Put another way, if you buy a spread bet then your profits (or losses) are found by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that price difference by the stake.
If after a few sessions the stock rose then you might want to close your trade and therefore lock in your profits.
So if the market increased then the spread, set by the spread trading company, might change to €52.82 - €52.96. You would close your trade by selling at €52.82. Therefore, with the same £2 stake:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (€52.82 - €52.09) x £2 per cent stake
Profit / loss = €0.73 x £2 per cent stake
Profit / loss = 73c x £2 per cent stake
Profit / loss = £146 profit
Trading shares is not simple. In the above example, you wanted the share price to rise. Of course, it can also decrease.
If the Sodexo shares began to drop then you might choose to close your spread bet to limit your losses.
If the spread fell to €51.44 - €51.58 you would close your spread bet by selling at €51.44. If so, that would mean you would lose:
Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = (€51.44 - €52.09) x £2 per cent stake
Profit / loss = -€0.65 x £2 per cent stake
Profit / loss = -65c x £2 per cent stake
Profit / loss = -£130 loss
Note: Sodexo Rolling Daily market quoted as of 13-Dec-11.
Where can I Find Live Prices on Sodexo?
If you want to access live spread betting markets, including French shares, then you generally need to open an account with a spread betting company. Note that accounts are subject to status.
The spread betting firms listed on this page do not charge fees for account applications.
If your application is approved then you can log on to their website and access their Live Prices and charts. There is no charge for looking at their prices.
The catch? You'll get the odd email or letter from them. The companies below also offer clients access to candlestick charts.
Of course, if you do trade then you should note that spread trading carries a high level of risk to your capital and you could lose more than your initial investment.
Live prices are available for account holders at:
Where can I Find Candlestick Charts for Sodexo?
Like live prices, if you want to access candlestick charts for French shares then you generally need to open an account with a spread betting company that offers French shares. Note that accounts are subject to status.
If your application is approved then you can log on to their website and access their candlestick charts.
You can usually alter the charts to see market data by the tick, by the minute, by the hour, by the week etc. There are also other options that allow you to easily add analysis such as Moving Averages and Bollinger Bands.
As you can see the charts show how French share prices, as with most financial spread betting markets, are not perfect and how you can expect the prices to "gap".
Advert:
Sodexo Spread Betting, sponsored by
FinancialSpreads.com.
You can spread bet on Sodexo with
Financial Spreads.
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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.
'Sodexo Spread Betting' by DB, updated 23-Jan-13
For related pages also see:
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