Standard Chartered Spread Betting
Where Can I Spread Bet on Standard Chartered? |
Investors can currently financial spread bet on Standard Chartered with an account from any of the following spread betting companies:
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| Broker Ratings - Sponsored by IG |
Standard Chartered 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 Standard Chartered:
| 16-May-13 |  | Buy | Based on last 5 Ratings | 1576.5 | 1696 | 7.58% |
A look at the latest Standard Chartered broker ratings:
| 16-May-13 |  | Neutral | Exane BNP Paribas | 1576.5 | 1600 | 1.50% | | 08-May-13 |  | Buy | Investec | 1611.5 | 1900 | 17.90% | | 25-Apr-13 |  | Buy | Nomura | 1624 | 1950 | 20.10% | | 23-Apr-13 |  | Underperform | Sanford C. Bernstein | 1600.5 | 1330 | -16.90% | | 19-Apr-13 |  | Sector Perform | RBC Capital Markets | 1602 | 1700 | 6.10% | | 16-Apr-13 |  | Buy | BNP Paribas Equity Research | 1598.5 | 1992.26 | 24.60% | | 11-Apr-13 |  | Overweight | Barclays | 1661.5 | 1750 | 5.30% | | 04-Apr-13 |  | Underperform | Sanford C. Bernstein | 1709 | 1330 | -22.20% | | 15-Mar-13 |  | Buy | Investec | 1763 | 1900 | 7.80% | | 06-Mar-13 |  | Buy | Societe Generale | 1819.5 | 2100 | 15.40% | | 18-Jan-13 |  | Underperform | Sanford C. Bernstein | 1650 | 1010 | -38.80% | | 09-Jan-13 |  | Buy | Investec | 1648.5 | 1800 | 9.20% |
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:
Standard Chartered Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Standard Chartered with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Standard Chartered? |
The real time CFD trading chart below gives you a useful overview of the Standard Chartered market.
The Plus 500 chart that we use above usually tracks the near-term Standard Chartered futures contract.
If you'd like to study real time spread trading prices/charts for Standard Chartered, you could use a spread betting account.
In addition, a spreads account also lets you access short-term daily prices. Readers should note that opening an account is normally dependent on suitability, credit and status checks.
If your new account is approved, you will be able to log in and view the real time trading prices and charts. Usually, these will be provided as part of the service. Having said that, you'll probably receive the odd sales letter or call from your financial spread betting firm.
If you decide to trade then you should note that CFDs and financial spread betting do involve a high level of risk and it is possible to incur losses that exceed your initial deposit.
Technical Charting Packages for Standard Chartered Shares |
Although the charting packages tend to differ across the various firms, the majority of charts come with useful tools that include:
- A wide range of time intervals such as 5 minutes, 2 hours, 1 day and so on
- Various views such as OHLC charts and candlestick charts
- Tools for drawing features such as Fibonacci Retracements and Trendlines
Charts provided by Capital Spreads also include:
- Custom Indicators and Back Testing
- Chart overlays such as Parabolic SAR, Bollinger Bands, Chande Kroll Stop and so on
- More than 30 indicator charts such as Chaikin Money Flow, Relative Volatility Index, Forecast Oscillator and so on
- Automated email alerts that trigger when your chosen market hits a pre-set level
Sample FinancialSpreads share trading chart
The financial spread betting brokers listed below provide their account holders with live trading charts/prices:
Where Can I Spread Bet on Standard Chartered for Free? |
Trading always involves risk, but if you would like to open a (free) Practice Account, that allows you to try out financial spread betting and check trading charts, then see below.
When deciding which investment option might work for you, also remember that in the UK, financial spread betting is free of tax*.
If you want to try a low cost spread betting site, keep in mind that you are able to financial spread bet on Standard Chartered with no brokers' fees with firms like:
If you'd like to open a free Test Account that lets users try out spread betting, and trading markets such as the DAX 30, EUR/USD and Standard Chartered, then have a closer look at:
Each of the above spread trading companies currently offer a Test Account that investors can use to use professional level charts, try out ideas and gain experience with an array of trading orders.
How to Spread Bet on Standard Chartered? |
If you are looking to speculate on UK companies such as Standard Chartered then one solution could be to place a spread bet on the Standard Chartered share price.
Looking at a spread betting website like Selftrade Markets, we can see that they are showing the Standard Chartered Rolling Daily market at 1483.7p - 1486.3p. This means an investor could spread trade on the Standard Chartered shares:
Moving higher than 1486.3p, or
Moving lower than 1483.7p
Whilst spread trading on UK equities you trade in £x per penny. So, should you decide to invest £4 per penny and the Standard Chartered shares move 26p then that would alter your P&L by £104. £4 per penny x 26p = £104.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market and so unlike a normal spread betting futures market, there is no settlement date. As a result, if your trade is still open at the end of the trading day, it will just roll over into the next day.
Should your position roll over, if you are speculating that the market will:
Move up - then you normally pay a small overnight financing fee, or
Move down - then you will usually receive a small credit to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
Standard Chartered Rolling Daily - Equities Trading Example |
If you think about the above spread of 1483.7p - 1486.3p and make the assumptions that:
- You've analysed the shares, and
- Your research suggests the Standard Chartered share price is likely to move above 1486.3p
Then you might buy a spread bet at 1486.3p for a stake of, let’s say, £3 per penny.
This means that you make a profit of £3 for every penny that the Standard Chartered shares rise higher than 1486.3p. Nevertheless, such a bet also means that you will lose £3 for every penny that the Standard Chartered market moves below 1486.3p.
Looked at another way, should you buy a spread bet then your profits (or losses) are worked out by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that price difference by your stake.
With this in mind, if after a few trading sessions the stock moved higher then you might want to close your trade to lock in your profit.
As an example, if the market increased then the spread might change to 1530.9p - 1533.5p. To settle/close your trade you would sell at 1530.9p. As a result, with the same £3 stake this trade would result in a profit of:
Profit = (Closing Level - Opening Level) x stake
Profit = (1530.9p - 1486.3p) x £3 per penny stake
Profit = 44.6p x £3 per penny stake
Profit = £133.80 profit
Spread betting on shares may not go to plan. With this example, you had bet that the share price would increase. Naturally, it might fall.
If the Standard Chartered share price dropped then you might decide to settle/close your spread bet in order to limit your losses.
If the spread fell to 1447.7p - 1450.3p then this means you would settle your spread bet by selling at 1447.7p. This would result in a loss of:
Loss = (Closing Level - Opening Level) x stake
Loss = (1447.7p - 1486.3p) x £3 per penny stake
Loss = -38.6p x £3 per penny stake
Loss = -£115.80 loss
Note: Standard Chartered Rolling Daily spread betting market correct as of 19-Oct-12.
Advert:
Standard Chartered Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Standard Chartered 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.
'Standard Chartered Spread Betting' by DB, updated 16-May-13
For related pages also see:
Spread Betting on Shares - FTSE 100 Companies, updated 20-May-13
Spread Betting on FTSE 100 Companies: Individual trading guides to FTSE 100 shares with broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, individual explanations, where to spread bet and...read article: Spread Betting on Shares - FTSE 100 Companies.
Barclays Spread Betting, updated 16-May-13
Barclays spread betting guide with live Barclays share prices and charts. Plus, broker recommendations on Barclays, where to spread bet on Barclays shares tax-free* and commission-free, how to spread bet on the Barclays share price and...read article: Barclays Spread Betting.
Spread Betting on BP, updated 20-May-13
BP spread betting guide with live BP share prices and charts. Plus, broker recommendations on BP, where to spread bet on BP shares tax-free* and commission-free, how to spread bet on the BP share price and...read article: Spread Betting on BP.
HSBC Spread Betting, updated 20-May-13
HSBC spread betting guide with live HSBC share prices and charts. Plus, broker recommendations on HSBC, where to spread bet on HSBC shares tax-free* and commission-free, how to spread bet on the HSBC share price and...read article: HSBC Spread Betting.
Lloyds Spread Betting, updated 16-May-13
Lloyds spread betting guide with live Lloyds share prices and charts. Plus, broker recommendations on Lloyds, where to spread bet on Lloyds shares tax-free* and commission-free, how to spread bet on the Lloyds share price and...read article: Lloyds Spread Betting.
RBS Spread Betting, updated 20-May-13
RBS spread betting guide with live RBS share prices and charts. Plus, broker recommendations on RBS, where to spread bet on RBS shares tax-free* and commission-free, how to spread bet on the RBS share price and...read article: RBS Spread Betting.
Rio Tinto Spread Betting, updated 16-May-13
Rio Tinto spread betting guide with live Rio Tinto share prices and charts. Plus, broker recommendations on Rio Tinto, where to spread bet on Rio Tinto shares tax-free* and commission-free, how to spread bet on the Rio Tinto share price and...read article: Rio Tinto Spread Betting.
Vodafone Spread Betting, updated 20-May-13
Vodafone spread betting guide with live Vodafone share prices and charts. Plus, broker recommendations on Vodafone, where to spread bet on Vodafone shares tax-free* and commission-free, how to spread bet on the Vodafone share price and...read article: Vodafone Spread Betting.
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