Marks and Spencer Spread Betting
Where Can I Spread Bet on Marks and Spencer?
Currently, investors are able to financial spread bet with no commissions and no brokers' fees on M&S, as well as a host of other online markets, through firms such as:
|Broker Ratings - Sponsored by IG
Marks and Spencer Broker Ratings
A look at the latest Marks and Spencer broker ratings:
|14-Mar-16||Neutral||Exane BNP Paribas||404.7||465||14.90%|
|07-Mar-16||Outperform||RBC Capital Markets||419.5||550||31.10%|
|03-Mar-16||Outperform||RBC Capital Markets||430.3||525||22.00%|
|11-Feb-16||Speculative Buy||Canaccord Genuity||402.6||460||14.30%|
|21-Dec-15||Outperform||RBC Capital Markets||453.7||600||32.20%|
|18-Dec-15||Outperform||Exane BNP Paribas||455||580||27.50%|
|07-Dec-15||Top Pick||RBC Capital Markets||501.5||700||39.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Prices and Charts for Marks and Spencer?
This CFD chart will give users a good guide to the M&S share price.
The above chart is from Plus500 and normally follows the underlying M&S futures price (not the spot price).
To check real time spread betting prices and charts for M&S, you will generally require a financial spread betting account.
In addition, a spreads account would let you access shorter-term spot markets. Readers should note that such accounts are subject to credit, status and suitability checks.
Should your account application be accepted then you can log on and look at the real-time charts and prices. Usually, these are provided as part of the service. So what's the catch? You're likely to receive the occasional email or sales call from your chosen online spread betting firm.
Of course, if you do trade then, before you start, be aware that spread betting and CFDs involve a significant level of risk to your funds and it's possible to incur losses that exceed your initial deposit.
See below for more on advanced M&S charts.
Marks & Spencer Analysis & News
Advanced Charting Packages for M&S
Even though charts normally differ across the various providers, to help you with your trading, the majority of charts have useful tools such as:
The charts provided by Capital Spreads also offer more advanced features such as:
- A variety of time intervals such as 5 minutes, 15 minutes, 4 hours and so on
- Different displays such as line and candlestick charts
- Drawing tools and options such as Fibonacci Time Zones, Fans and Arcs
Example equities chart from FinancialSpreads
- Back Testing, Tailored Indicators and Analysis tools
- Key overlays such as Bollinger Bands, Parabolic SAR, Linear Regression and so on
- Technical indicators such as Chaikin's Volatility, MACD, Price and Volume Trend and so on
- Email alerts that trigger when the markets reach a pre-determined level
The following spread trading firms let their clients have access to real time trading prices and charts:
Where Can I Spread Bet on Marks and Spencer for Free?
Trading the markets is never risk free. Nevertheless, if you would like to try a free Practice Account, that lets you try out spread betting, please see below for more details.
When looking at which investment option is right for you, also remember that in the UK, spread betting is tax free*, i.e. there is no stamp duty, income tax or capital gains tax.
If you are trying to find a free online spread betting platform then note that investors can take a view on M&S with no brokers' fees or commissions with companies such as:
If you're looking for a Demo Account / Test Account that allows you to trial online spread betting, and markets like M&S, then you could look into:
Each of the spread trading companies listed above offer a Test Account that allows users to look at professional charts, test new ideas and apply a variety of trading orders, like stop losses and guaranteed stops.
How to Spread Bet on Marks and Spencer?
If you decide to speculate on companies such as M&S then one option could be to spread bet on the M&S share price.
Looking at a site like SelftradeMarkets, we can see that they are currently pricing the M&S Rolling Daily market at 391.9p - 392.5p. Therefore, an investor could put a spread bet on the M&S shares:
Rising above 392.5p, or
Falling below 391.9p
When making a spread bet on FTSE 350 equities you trade in £x per penny. So, if you decided to invest £4 per penny and the M&S shares move 34p then that would change your P&L by £136. £4 per penny x 34p = £136.
Rolling Daily Equities Markets
It's important to note that this is a Rolling Daily Market and so in contrast with futures markets, there is no settlement date. As a result, if your trade is still open at the end of the trading day, it just rolls over to the next trading session.
If your bet does roll over and you are speculating on the market to:
Go up - then you are usually charged a small overnight financing fee, or
Go down - then a small payment is often credited to your account
Our article Rolling Daily Spread Betting goes into more detail about Rolling Daily Markets and includes a fully worked example.
M&S Rolling Daily - Equities Spread Trading Example
So, if you consider the spread of 391.9p - 392.5p and make the assumptions:
Then you may choose to buy a spread bet at 392.5p for a stake of, for the sake of argument, £10 per penny.
- You've completed your market research, and
- Your analysis suggests the M&S share price is likely to go above 392.5p
With such a bet you make a profit of £10 for every penny that the M&S shares push higher than 392.5p. Having said that, such a bet also means that you will lose £10 for every penny that the M&S market moves below 392.5p.
Considering this from another angle, if you buy a spread bet then your profit/loss is found by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that price difference by the stake.
As a result, if after a few days the stock started to move upwards then you could choose to close your trade in order to secure your profit.
If that happened then the spread, determined by the spread betting company, might change to 402.4p - 403.0p. You would settle your position by selling at 402.4p. As a result, with the same £10 stake:
Profit = (Final Price - Opening Price) x stake
Profit = (402.4p - 392.5p) x £10 per penny stake
Profit = 9.9p x £10 per penny stake
Profit = £99.00 profit
Speculating on equities, by spread trading or otherwise, can work against you. In this example, you wanted the share price to increase. However, it might decrease.
If the M&S share price had started to drop then you might decide to settle/close your position to stop any further losses.
If the market fell to 380.7p - 381.3p you would settle your trade by selling at 380.7p. As a result, your loss would be:
Loss = (Final Price - Opening Price) x stake
Loss = (380.7p - 392.5p) x £10 per penny stake
Loss = -11.8p x £10 per penny stake
Loss = -£118.00 loss
Note: M&S Rolling Daily spread betting price taken as of 19-Oct-12.
Marks and Spencer Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Marks and Spencer with
'Marks and Spencer Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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