Reckitt Benckiser Spread Betting
Where Can I Spread Bet on Reckitt Benckiser?
Investors can financial spread bet on Reckitt Benckiser, in addition to a broad range of other spread betting markets, with providers like:
|Broker Ratings - Sponsored by IG
Reckitt Benckiser Broker Ratings
A look at the latest Reckitt Benckiser broker ratings:
|11-Mar-16||Sector Perform||RBC Capital Markets||6554||6600||0.70%|
|12-Feb-16||Sector Perform||RBC Capital Markets||5884||6200||5.40%|
|10-Dec-15||Sector Perform||RBC Capital Markets||6138||6200||1.00%|
|16-Oct-15||Sector Perform||RBC Capital Markets||6102||6000||-1.70%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Reckitt Benckiser?
The real-time CFDs chart and prices below will provide readers with a handy guide to the Reckitt Benckiser share price.
The above chart, provided by Plus 500, usually shows the Reckitt Benckiser futures contract (not the spot price).
To gain access to financial spread betting prices and charts for Reckitt Benckiser, an option is to use a spread betting account.
A spreads account also gives you access to the shorter-term spot markets. Note that opening an account is normally dependent on suitability, status and credit checks.
Should your application be approved then, after logging in, you will be able to review the real-time prices and charts. On most platforms, these are provided as part of the service. The catch? You're likely to get the odd letter and/or email from the relevant financial spread betting firm.
Of course, if you do decide to trade, be aware that spread betting and contracts for difference involve a high degree of risk to your funds and you could lose more than your initial investment.
See below for more on advanced Reckitt Benckiser charts.
Reckitt Benckiser Analysis & News
Advanced Charts for Reckitt Benckiser Shares
Though charts vary between platforms, to aid your analysis, they usually come with useful features and tools that include:
Charts from InterTrader also offer advanced features, including:
- A wide range of time intervals, for example, 2 minutes, 1 hour, 1 week etc
- Various chart types, for example, candle and OHLC charts
- Tools for drawing features, for example, Fibonacci time zones, arcs and fans
Example FinancialSpreads.com trading chart
- Tailored Indicators, Back Testing and Optimisation tools
- Popular chart overlays, for example, Parabolic SAR, Bollinger Bands, Wilder's Smoothing etc
- Indicators, for example, RSI, Historical Volatility, Accumulation Distribution etc
- Email alerts for when your chosen market hits a given price
The following spread betting firms offer clients access to real-time charts/prices:
Where Can I Spread Bet on Reckitt Benckiser for Free?
Speculating on the markets involves a degree of risk, but if you want to open a completely free Practice Account, that allows you to try spread betting on a variety of markets, then see below for further details.
When considering which trading option is right for you, also remember that in the UK, spread betting is free of capital gains tax, income tax and stamp duty*.
Assuming you want a low cost financial spread betting website, you should keep in mind that you are able to trade Reckitt Benckiser with no commissions and no brokers' fees through companies such as:
Should you want to have a look at a Demo Account / Test Account where you are able to try out financial spread betting, and speculating on markets such as the FTSE 100, crude oil, GBP/USD and Reckitt Benckiser, then have a look at:
All of the above currently provide a Practice Account which investors can use to review charts, test new strategies and apply orders.
How to Spread Bet on Reckitt Benckiser?
Should you want to invest in companies like Reckitt Benckiser then one possibility could be to spread trade on the Reckitt Benckiser share price.
Looking at a financial spread betting platform like InterTrader, we can see that they are valuing the Reckitt Benckiser Rolling Daily market at 3643.1p - 3647.9p. This means an investor could put a spread bet on the Reckitt Benckiser share price:
Rising above 3647.9p, or
Falling below 3643.1p
Whilst making a spread bet on UK equities you trade in £x per penny. So, if you choose to have a stake of £3 per penny and the Reckitt Benckiser share price moves 36p then that would alter your profits (or losses) by £108. £3 per penny x 36p = £108.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market and so there is no preset settlement date for this market. If your position is still open at the end of the day, it will just roll over into the next trading session.
If a bet is rolled over and you are spread betting on the market to:
Rise - then you will be charged a small overnight financing fee, or
Fall - then you will often receive a small payment to your account
You can learn more in our feature Rolling Daily Spread Betting.
Reckitt Benckiser Rolling Daily - Shares Spread Betting Example
So, if you take the above spread of 3643.1p - 3647.9p and make the assumptions:
Then you could choose to go long of the market at 3647.9p and risk, for the sake of argument, £3 per penny.
- You have analysed the stock markets, and
- You think the Reckitt Benckiser shares will go above 3647.9p
With such a bet you win £3 for every penny that the Reckitt Benckiser shares move higher than 3647.9p. Of course, you will make a loss of £3 for every penny that the Reckitt Benckiser market falls lower than 3647.9p.
Looking at this from another angle, should you ‘Buy’ a spread bet then your P&L is found by taking the difference between the closing price of the market and the price you bought the market at. You then multiply that price difference by your stake.
Therefore, if after a few days the shares moved higher then you might want to close your spread bet in order to secure your profit.
So if the market increased then the spread might move to 3691.7p - 3696.5p. To close your position you would sell at 3691.7p. Accordingly, with the same £3 stake your profit would be calculated as:
P&L = (Final Price - Opening Price) x stake
P&L = (3691.7p - 3647.9p) x £3 per penny stake
P&L = 43.8p x £3 per penny stake
P&L = £131.40 profit
Trading equities, by spread betting or otherwise, can go against you. With this example, you wanted the share price to increase. Naturally, it can also go down.
If the Reckitt Benckiser share price had fallen then you might decide to close/settle your trade in order to limit your losses.
Should the spread pull back to 3598.7p - 3603.5p then you would settle/close your trade by selling at 3598.7p. Therefore, you would make a loss of:
P&L = (Final Price - Opening Price) x stake
P&L = (3598.7p - 3647.9p) x £3 per penny stake
P&L = -49.2p x £3 per penny stake
P&L = -£147.60 loss
Note: Reckitt Benckiser Rolling Daily spread betting market accurate as of 19-Oct-12.
Reckitt Benckiser Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Reckitt Benckiser with
'Reckitt Benckiser Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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