Smith & Nephew Spread Betting
Where Can I Spread Bet on Smith & Nephew?
Currently, investors can speculate on Smith and Nephew by trading with a number of spread betting providers:
|Broker Ratings - Sponsored by IG
Smith & Nephew Broker Ratings
A look at the latest Smith & Nephew broker ratings:
|08-Mar-16||Outperform||Exane BNP Paribas||1132||1375||21.50%|
|21-Jan-16||Outperform||Exane BNP Paribas||1089||1375||26.30%|
|21-Dec-15||Outperform||Exane BNP Paribas||1155||1350||16.90%|
|17-Nov-15||Outperform||Exane BNP Paribas||1087||1350||24.20%|
|04-Oct-15||Outperform||Exane BNP Paribas||1173||1380||17.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Smith & Nephew?
The real time CFDs chart below offers a handy overview of the Smith and Nephew market.
The above chart is normally based on the Smith and Nephew futures market (not the spot price).
If you want access to spread betting charts and prices for Smith and Nephew, you will probably require a financial spread betting account.
A spreads account would also give you access to spot markets. Readers should note that such accounts are normally dependent on suitability, credit and status checks.
If your account application is accepted then, once logged in, you will be able to review the prices and live charts. On most platforms, these will be free. What's the catch? You're likely to receive the occasional call or letter from your chosen spread betting provider.
If you want to trade then you must remember that CFDs and financial spread trading carry a high level of risk to your funds and you can incur losses that exceed your initial investment.
See below for more on advanced Smith and Nephew charts.
Smith & Nephew Analysis & News
Professional Level Charting Packages for Smith and Nephew
Whilst charts differ across the various firms, to help your technical analysis, the charts generally have user friendly tools and features that include:
The charts on InterTrader also come with advanced features, including:
- An array of intervals e.g. 2 minutes, 1 hour, 1 week etc.
- Various displays e.g. line, candlestick and OHLC charts
- Drawing options e.g. Trendlines, Fibonacci Fans, Arcs and Time Zones
Example equities trading chart from Financial Spreads
- Custom Indicators, BackTesting and Optimisation functions
- Important overlays e.g. Ichimoku Cloud, Parabolic SAR, Price Channels etc.
- Technical indicator charts e.g. Relative Momentum Index, Average Directional Index, TRIX etc.
- Customised email alerts for when a market reaches a pre-determined price
The following financial spread betting brokers give account holders access to live charts and prices:
Where Can I Spread Bet on Smith & Nephew for Free?
Investing in the markets does involve risks, however, if you'd like to try a free Practice Account, that allows you to trial financial spread betting, then see below.
When considering which investment option is right for you, don't forget that, in the UK, spread trading is currently tax free*, i.e. there is no stamp duty, capital gains tax or income tax.
If you want a low cost spread betting platform then note that you can take a position on Smith and Nephew commission free and with no brokers' fees with companies such as:
If you want a virtual money Demo Account / Practice Account which allows you to get to grips with financial spread betting, and speculating on markets such as the Dow Jones, USD/JPY, GBP/USD and Smith and Nephew, then you can always have a closer look at:
The firms listed above currently offer a Test Account that lets investors review charts, test new strategies and apply orders.
How to Spread Bet on Smith & Nephew?
If an investor is looking to invest in firms like Smith and Nephew then one solution is to spread trade on the Smith and Nephew share price.
Logging onto Capitalspreads, we can see that they have priced the Smith and Nephew Rolling Daily market at 647.1p - 648.4p. Therefore, an investor could spread bet on the Smith and Nephew share price:
Going above 648.4p, or
Going below 647.1p
Whilst making a spread bet on UK shares you trade in £x per penny. Therefore, if you invest £5 per penny and the Smith and Nephew shares move 31p then that would be a difference to your profits (or losses) of £155. £5 per penny x 31p = £155.
Rolling Daily Shares Markets
You should note that this is a Rolling Daily Market which means that it does not have a set closing date. If your position is still open at the end of the day, it will roll over to the next trading day.
If your position does roll over and you are speculating on the market to:
Move up - then you'll normally be charged a small financing fee, or
Move down - then a small payment is usually credited to your account
To learn more about Rolling Daily Markets please see Rolling Daily Spread Betting.
Smith and Nephew Rolling Daily - Shares Trading Example
So, if we consider the above spread of 647.1p - 648.4p and make the assumptions:
Then you may choose to go long of the market at 648.4p and invest, for example, £5 per penny.
- You've completed your company analysis, and
- Your analysis leads you to think that the Smith and Nephew shares are likely to move above 648.4p
So, you gain £5 for every penny that the Smith and Nephew shares go higher than 648.4p. However, you will lose £5 for every penny that the Smith and Nephew market falls below 648.4p.
Looked at another way, if you ‘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 spread at. You then multiply that difference in price by the stake.
Therefore, if after a few days the shares started to increase then you might think about closing your spread bet and therefore guarantee your profits.
Taking this a step further, if the market rose then the spread, set by the spreads firm, might be adjusted to 670.4p - 671.7p. To settle/close your trade you would sell at 670.4p. As a result, with the same £5 stake:
Profit = (Settlement Price - Initial Price) x stake
Profit = (670.4p - 648.4p) x £5 per penny stake
Profit = 22.0p x £5 per penny stake
Profit = £110.00 profit
Speculating on equities doesn't always go to plan. In this case, you wanted the share price to rise. Nevertheless, the share price can also decrease.
If the Smith and Nephew stock began to fall then you might decide to settle/close your spread bet to stop any further losses.
If the spread fell to 629.9p - 631.2p you would settle/close your trade by selling at 629.9p. If so, this would result in a loss of:
Loss = (Settlement Price - Initial Price) x stake
Loss = (629.9p - 648.4p) x £5 per penny stake
Loss = -18.5p x £5 per penny stake
Loss = -£92.50 loss
Note - Smith and Nephew Rolling Daily market accurate as of 19-Oct-12.
Smith and Nephew Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Smith & Nephew with
'Smith and Nephew Spread Betting' edited by Jacob Wood, updated 03-Oct-17
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