Denmark 20 Spread Betting
Where Can I Spread Bet on the Denmark 20? |
You can currently spread bet on the Denmark 20 and other indices at:
» IG
The Denmark 20 index may be available with other brokers.
Where Can I Trade the Denmark 20 for Free? |
It depends upon what you mean by 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 the Denmark 20 and other index markets commission free and with no brokers' fees with IG Index.
Where Can I Find Live Spread Betting Prices and Charts for the Denmark 20? |
The interactive CFD chart below will give users a handy overview of the Denmark 20 stock market index.
The Plus 500 chart above usually tracks the Denmark 20 futures contract.
If you'd like access to spread trading charts and the current prices for the Denmark 20, you generally need a financial spread betting account.
Note: Opening an account is normally dependent on status and credit checks.
Should your new account be approved then, once logged on, you will be able to analyse the up-to-the-minute prices/charts. Usually, these are provided for free. What's the catch? You'll probably receive an occasional call and/or newsletter from your chosen spread trading company.
Of course, if you do decide to trade then, before starting, you should note that financial spread trading and CFDs involve a high degree of risk to your funds and you may lose more than your initial investment.
Where Can I Find Free Live Denmark 20 Prices? |
If you want to access quick live market information then you could do worse than opening an account with a spread betting company like IG Index.
Also, you don't have to trade with them, if you just open an account (which is free to do) then their data is free. The catch? You'll get the odd email or letter from them. In the example below you can also see that their free charts are also useful.
Spread Betting on Danish Companies |
If you are interesting in spread betting on Danish companies, we have some examples below.
As well as live charts and prices, we talk you through the most popular spread betting questions for that Danish company:
| Company Name |
Symbol |
Danish Shares
Spread Betting Guides » |
Charts &
Prices |
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
How to Spread Bet on the Denmark 20? |
As with many global financial markets, you can place a spread bet on stock market indices, such as the Denmark 20, to rise or fall.
If you were to look at the IGIndex spread betting website, they are showing the Denmark 20 March Futures market at 462.00 - 463.30. Therefore, you could spread trade on the Denmark 20 index:
- Finishing higher than 463.30, or
- Finishing lower than 462.00
On the expiry date for this 'March' market, 18-Mar-11.
When financial spread trading on the Denmark 20 index you trade in £x per point. As a result, if you decided to have a stake of £20 per point and the Denmark 20 moves 5.00 points then that would alter your profit/loss by £100. £20 per point x 5.00 points = £100.
For short term trading on stock market indices also see Stock Market Indices Rolling Daily Spread Betting.
Denmark 20 Futures Spread Betting Example
Now, if you consider the spread of 462.00 - 463.30 and make the assumptions:
- You have completed your research, and
- You think that the Denmark 20 index will close above 463.30 by 18-Mar-11
Then you could decide that you want to buy at 463.30 for a stake of, let’s say, £10 per point.
So, you gain £10 for every point that the Denmark 20 index moves higher than 463.30. Of course, it also means that you will make a loss of £10 for every point that the Denmark 20 market decreases lower than 463.30.
Looked at another way, if you were to buy a spread bet then your P&L is worked out by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.
Therefore, if, on the closing date, the Denmark 20 market settled higher at 472.60, then:
P&L = (Closing Price - Opening Price) x stake
P&L = (472.60 - 463.30) x £10 per point stake
P&L = 9.30 x £10 per point stake
P&L = £93.00 profit
Trading stock market indices, whether by spread betting or otherwise, doesn't always work out as you would have liked. In this case, you had bet that the index would rise. However, the index could go down.
If the Denmark 20 decreased, closing at 455.20, you would end up making a loss and losing money on this spread bet.
P&L = (Closing Price - Opening Price) x stake
P&L = (455.20 - 463.30) x £10 per point stake
P&L = -8.10 x £10 per point stake
P&L = -£81.00 loss
Note - Denmark 20 March Futures market correct as of 24-Feb-11.
How to Spread Bet on Danish Shares |
If you want to speculate on Danish listed companies then you could spread bet on the share price.
Looking at a site like Selftrade Markets, you can see that they have put the Carlsberg Rolling Daily market at 588.7 DKK - 590.3 DKK. Therefore, an investor can spread bet on the Carlsberg share price:
 Going higher than 590.3 DKK, or
 Going lower than 588.7 DKK
Whilst financial spread betting on Danish equities you trade in £x per Krone, where a Krone is 1 Danish Krone. Therefore, if you invest £2 per Krone and the Carlsberg share price moves 30 DKK then that would make a difference to your P&L of £60. £2 per Krone x 30 DKK = £60.
You can also invest in this market in Euros or Dollars, e.g. €x per Krone.
Rolling Daily Equities Markets
Be aware that this is a Rolling Daily Market which means that unlike a normal spread betting futures market, there is no closing date. As a result, if your trade is still open at the end of the trading day, it just rolls over to the next day.
If your position is rolled over and you are speculating that the market will:
Rise - then you will normally be charged a small financing fee, or
Fall - then a small payment will usually be credited to your account
You can learn more about Rolling Daily Markets in our article Rolling Daily Spread Betting.
Carlsberg Rolling Daily - Danish Shares Spread Betting Example |
Now, if you consider the spread of 588.7 DKK - 590.3 DKK and assume that:
- You have completed your analysis of the shares, and
- You think the Carlsberg shares will move higher than 590.3 DKK
Then you might decide to go long of the market at 590.3 DKK for a stake of £5 per Krone.
So, you win £5 for every Krone that the Carlsberg shares increase and go above 590.3 DKK. Nevertheless, you will make a loss of £5 for every Krone that the Carlsberg market falls lower than 590.3 DKK.
Considering this from another angle, if you were to ‘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 your stake.
As a result, if after a few days the share price rose then you might want to close your spread bet so that you can lock in your profit.
Taking this a step further, if the market did go up then the spread, determined by the spread betting company, might change to 611.6 DKK - 613.2 DKK. To settle/close your trade you would sell at 611.6 DKK. As a result, with the same £5 stake you would calculate your profit as:
Your profits (or losses) = (Closing Price - Opening Price) x stake
Your profits (or losses) = (611.6 DKK - 590.3 DKK) x £5 per Krone stake
Your profits (or losses) = 21.3 DKK x £5 per Krone stake
Your profits (or losses) = £106.50 profit
Trading shares, whether by spread trading or otherwise, is not always simple. In this case, you had bet that the share price would increase. However, it can also fall.
If the Carlsberg stock weakened, against your expectations, then you might choose to close your position to limit your losses.
So if the spread pulled back to 571.7 DKK - 573.3 DKK then this means you would settle your position by selling at 571.7 DKK. Therefore, you would make a loss of:
Your profits (or losses) = (Closing Price - Opening Price) x stake
Your profits (or losses) = (571.7 DKK - 590.3 DKK) x £5 per Krone stake
Your profits (or losses) = -18.6 DKK x £5 per Krone stake
Your profits (or losses) = -£93.00 loss
Note: Carlsberg Rolling Daily equities market correct as of 20-Mar-13.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
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'Denmark 20 Spread Betting' edited by Jacob Wood, updated 13-Apr-17
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Denmark 20 Spread Betting
Denmark 20 stock market futures spread betting guide with live prices & charts. Also, where to spread bet on the Denmark 20 index commission-free and tax-free* as well as... » read from top.
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