Guide to Spread Betting on Bank of New York Mellon with Daily Updates and Live BK Prices & Charts
Clean Financial - The Financial Spread Betting Website
Bank of New York Mellon Spread Betting

Bank of New York Mellon Spread Betting



Where Can I Spread Bet on Bank of New York Mellon?


You can currently speculate with no brokers' fees on Bank of New York Mellon, in addition to other related online markets, with:

Where Can I Find Live Prices and Charts for Bank of New York Mellon?


The live CFDs chart below will give you a nice guide to the Bank of New York Mellon market.


The Plus500 chart above typically tracks the near-term Bank of New York Mellon futures contract (not the daily market).

To access live spread betting prices/charts for Bank of New York Mellon, you might need a financial spread betting account.

A spreads account would also let you speculate on the shorter-term spot prices. Note: Opening such an account is subject to credit and status checks.

If your account application is accepted then you can log on to analyse the live trading charts/prices. These are usually provided for free. So what's the catch? You'll probably receive the odd newsletter or call from the relevant spread betting broker.

If you do trade then, before you start, remember that CFD trading and financial spread trading involve a high level of risk to your capital and it is possible to incur losses that exceed your initial investment.

For more details, see Advanced Bank of New York Mellon Trading Charts below.


Bank of New York Mellon Analysis & News


Date Trading Update
03-Oct-17 [11:49am]

Bank of New York Mellon Share Price Update:



Rising Share Price The shares are trading higher than the 20 day MA of $52.60 and higher than the 50 day MA of $52.58.
  • Closing Price: $54.47
  • Rising Share Price 1 Day Change: Up 0.07%
  • Rising Share Price 5 Day Change: Up 2.73%

Long-Term BK Data

  • 52 Week High 52 Week High: $54.81
  • 52 Week Low 52 Week Low: $38.68
  • EPS(i): $3.37
  • PE Ratio(i): 16.18
  • Volume / Average Volume(i): 0.000m / 3.203m
  • Market Cap(i): $56,276m
  • Shares Outstanding(i): 1,033m
Price data from Google Finance. Also see Live BK Share Price & Charts and About Bank of New York Mellon for more information.

Update by Jenna Cutly, Editor, CleanFinancial

Readers please note:


About Bank of New York Mellon


Professional Level Charting Packages for Bank of New York Mellon Shares


Whilst charts normally vary across the industry, to help you with your analysis, they usually come with useful features that include:
  • Many different intervals such as 3 minutes, 1 hour, 4 hours and so on
  • A variety of display styles such as candlestick charts and line charts
  • Drawing options such as trendlines, Fibonacci fans, time zones and arcs

The charts provided by Selftrade Markets also come with other benefits, including:
  • Custom Indicators, Back Testing and Optimisation functions
  • Popular chart overlays such as Bollinger Bands, Parabolic SAR, Price Channels and so on
  • More than 30 indicator charts such as Williams %R, MACD, % Price Oscillator and so on
  • Email alerts for when your chosen market reaches a specific price

Sample equities chart

Bank of New York Mellon Trading Guide - Example Chart


The spread betting companies in the list below provide account holders with real-time charts and prices:
Advert: Bank of New York Mellon Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Bank of New York Mellon with Financial Spreads.

Where Can I Spread Bet on Bank of New York Mellon for Free?


Investing, by its very nature, isn't risk free, but if you would like to open a Test Account (free), where you can try spread betting on a range of markets, then please see below for further details.

When deciding which trading option might work for you, also remember that in the UK, spread betting is currently exempt from capital gains tax, income tax and stamp duty*.

If you want to try a free financial spread betting site then keep in mind that investors can trade Bank of New York Mellon without paying any brokers' fees or commissions through companies like:

Free Demo Account


Should you want a completely free Test Account / Practice Account that allows users to try spread betting, and trading markets like Bank of New York Mellon, then look at: All of the above offer a Practice Account that lets investors analyse professional level charts, apply trading orders and try out new trading ideas.


How to Spread Bet on Bank of New York Mellon

How to Spread Bet on Bank of New York Mellon?


If you decide to invest in firms like Bank of New York Mellon then one solution could be to spread trade on the Bank of New York Mellon share price.

Looking at a spread trading website like Selftrade Markets, you can see that they are currently showing the Bank of New York Mellon Rolling Daily market at $27.37 - $27.42. As a result, an investor could put a spread bet on the Bank of New York Mellon share price:

  Bank of New York Mellon Trading Example Going above $27.42, or
  Bank of New York Mellon Spread Trading Example Going below $27.37

When financial spread betting on S&P 500 equities you trade in £x per cent. As a result, if you invest £3 per cent and the Bank of New York Mellon share price moves $0.21 then that would make a difference to your bottom line of £63. £3 per cent x $0.21 = £63.

Note that you are also able to invest in this market in Dollars or Euros, e.g. €x per cent.

Rolling Daily Shares Markets

One thing to note is that this is a Rolling Daily Market which means that there is no predetermined settlement date for this market. If your trade is open at the end of the day, it simply keeps rolling over into the next trading session.

If you allow your position to roll over and are spread betting on the market to:

  Bank of New York Mellon Spread Trading Example Rise - then you'll pay a small overnight financing fee, or
  Bank of New York Mellon Spread Trading Example Fall - then you will often receive a small payment to your account

To learn more please read Rolling Daily Spread Betting.


Bank of New York Mellon Rolling Daily - US Shares Spread Trading Example


So, if we consider the spread of $27.37 - $27.42 and assume that:
  • You have done your analysis of the markets, and
  • Your analysis leads you to feel that the Bank of New York Mellon shares look like they will increase and move above $27.42
Then you may decide that you want to buy at $27.42 and invest, letís say, £3 per cent.

With such a bet you make a profit of £3 for every cent that the Bank of New York Mellon shares rise higher than $27.42. On the other hand, such a bet also means you will make a loss of £3 for every cent that the Bank of New York Mellon market goes lower than $27.42.

Thinking of this in a slightly different 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 spread at. You then multiply that price difference by your stake.

If after a few days the stock moved higher then you might want to close your trade in order to lock in your profit. As an example, should the market rise, the spread could change to $27.78 - $27.83. In order to close/settle your position you would sell at $27.78. Therefore, with the same £3 stake your profit would come to:

P&L = (Settlement Price - Initial Price) x stake
P&L = ($27.78 - $27.42) x £3 per cent stake
P&L = $0.36 x £3 per cent stake
P&L = 36¢ x £3 per cent stake
P&L = £108 profit

Trading shares, by spread betting or otherwise, can go against you. In this example, you wanted the share price to rise. However, the share price might go down.

If the Bank of New York Mellon share price weakened, against your expectations, then you could close your trade to stop any further losses.

So if the market fell to $27.00 - $27.05 you would settle/close your trade by selling at $27.00. Accordingly, your loss would be:

P&L = (Settlement Price - Initial Price) x stake
P&L = ($27.00 - $27.42) x £3 per cent stake
P&L = -$0.42 x £3 per cent stake
P&L = -42¢ x £3 per cent stake
P&L = -£126 loss

Note: Bank of New York Mellon Rolling Daily spread accurate as of 06-Feb-13.


Advert: Bank of New York Mellon Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Bank of New York Mellon with Financial Spreads.


Trading Risk Warning
'Bank of New York Mellon Spread Betting' edited by DB, updated 03-Oct-17

For related articles also see:





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