Admiral Spread Betting
Where Can I Spread Bet on Admiral?
You can speculate on Admiral, in addition to an array of other financial markets, with companies like:
|Broker Ratings - Sponsored by IG
A look at the latest Admiral broker ratings:
|11-Mar-16||Underperform||RBC Capital Markets||1923||1475||-23.30%|
|03-Mar-16||Underperform||RBC Capital Markets||1880||1475||-21.50%|
|10-Dec-15||Underperform||RBC Capital Markets||1623||1370||-15.60%|
|14-Sep-15||Underperform||RBC Capital Markets||1543||1140||-26.10%|
|19-Aug-15||Underperform||Keefe, Bruyette & Woods||1546||1227||-20.60%|
|22-Apr-15||Underperform||RBC Capital Markets||1623||1140||-29.80%|
|01-Apr-15||Add||Numis Securities Ltd||1534||1550||1.00%|
|18-Mar-15||Sell||Canaccord Genuity Corp||1528||1335||-12.60%|
|05-Mar-15||Sell||Canaccord Genuity Corp||1432||1150||-19.70%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Prices and Charts for Admiral?
The interactive CFD chart below will give users a nice look at the Admiral share price.
The Plus 500 chart above normally tracks the underlying Admiral futures market (not the daily market).
If you'd like to look at spread betting charts and live prices for Admiral, you might need a spread trading account.
In addition, a spreads account also lets you access the short-term daily prices. Note that all such accounts are normally dependent on suitability, status and credit checks.
If your application is approved then you can log in to look at the live trading prices and charts. These are normally provided for free. What's the catch? You could get an occasional letter or email from the relevant financial spread betting provider.
If you do trade then you should remember that contracts for difference and financial spread trading involve a high degree of risk to your funds and can result in losses that exceed your initial investment.
See below for more on advanced Admiral charts.
Advanced Charts for Admiral Shares
Despite the fact that the charting packages can differ across the industry, in order to help your trading decisions, the charts generally come with user friendly tools and features such as:
Charts on Selftrade Markets also have other benefits, including:
- Many different time periods such as 3 minutes, 1 hour, 4 hours and so on
- Various displays such as candlestick and line charts
- Drawing tools and features such as Fibonacci fans, arcs and time zones
FinancialSpreads trading chart
- BackTesting, Tailored Indicators and Optimisation functions
- Useful overlays such as Parabolic SAR, Ichimoku Clouds, Price Channels and so on
- Over 30 secondary charts such as Range Indicator, True Strength Index, Projection Oscillator and so on
- Automated alerts for when your chosen market reaches a certain price
The spread betting firms listed below let their clients have access to real time trading prices/charts:
Where Can I Spread Bet on Admiral for Free?
Investing in the financial markets does involve risk, but if you want to try a Test Account (free), that allows you to check charts and try out financial spread betting, then please see below.
In addition, remember that financial spread betting in the UK is currently tax free*, i.e. it is exempt from stamp duty, income tax and capital gains tax.
If you are looking for a low cost financial spread betting site then keep in mind that investors can trade Admiral without paying any commissions with firms like:
If you want a free Practice Account where you can get to grips with online spread betting on markets like the DAX 30, gold, EUR/GBP and Admiral, then look into:
Each of the above spread trading companies currently offer a free Test Account that lets users review professional charts, test trading ideas and gain experience with a host of orders, e.g. GFD and OCO orders.
How to Spread Bet on Admiral?
If you decide to invest in UK listed companies such as Admiral then one solution could be spread betting on the Admiral share price.
Logging into SelftradeMarkets, you can see that they are currently pricing the Admiral Rolling Daily market at 1150.4p - 1153.6p. This means an investor could put a spread bet on the Admiral shares:
Going above 1153.6p, or
Going below 1150.4p
When spread betting on FTSE 350 shares you trade in £x per penny. As a result, if you chose to invest £4 per penny and the Admiral shares move 39p then that would alter your P&L by £156. £4 per penny x 39p = £156.
Rolling Daily Shares Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore unlike a normal spread betting futures market, there is no settlement date. If your trade is still open at the end of the trading day, it will simply roll over to the next trading day.
If a bet is rolled over and you are spread betting on the market to:
Go higher - then you would normally pay a small financing fee, or
Go lower - then a small payment is usually credited to your account
For more information on Rolling Daily Markets, and a fully worked example, please see Rolling Daily Spread Betting.
Admiral Rolling Daily - Equities Spread Betting Example
So, if you continue with the above spread of 1150.4p - 1153.6p and make the assumptions:
Then you might decide that you are going to buy a spread bet at 1153.6p and invest, let’s say, £3 per penny.
- You've completed your analysis of the stock market, and
- Your analysis leads you to feel that the Admiral share price will increase and move higher than 1153.6p
With such a spread bet you make a profit of £3 for every penny that the Admiral shares increase and go above 1153.6p. Having said that, you will lose £3 for every penny that the Admiral market goes lower than 1153.6p.
Looked at another way, if you ‘Buy’ a spread bet then your P&L is calculated by taking the difference between the settlement price of the market and the initial price you bought the spread at. You then multiply that price difference by your stake.
Therefore, if after a few hours the stock started to increase then you might want to close your position and therefore guarantee your profits.
Taking this a step further, if the market rose then the spread could change to 1194.0p - 1197.2p. In order to close/settle your position you would sell at 1194.0p. As a result, with the same £3 stake your profit would be calculated as:
P&L = (Closing Price - Opening Price) x stake
P&L = (1194.0p - 1153.6p) x £3 per penny stake
P&L = 40.4p x £3 per penny stake
P&L = £121.20 profit
Spread betting on shares is not easy. In this example, you had bet that the share price would rise. Naturally, the share price might fall.
If the Admiral shares had started to fall then you might choose to close your spread bet in order to restrict your losses.
Should the spread fall back to 1119.0p - 1122.2p you would sell back your position at 1119.0p. So your loss would be calculated as:
P&L = (Closing Price - Opening Price) x stake
P&L = (1119.0p - 1153.6p) x £3 per penny stake
P&L = -34.6p x £3 per penny stake
P&L = -£103.80 loss
Note: Admiral Rolling Daily spread betting market quoted as of 19-Oct-12.
Admiral Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Admiral with
'Admiral Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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