Spain 35 Stock Market Spread Betting Guide (IBEX)
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Spain 35 Spread Betting Guide

Spain 35 Spread Betting



Where Can I Spread Bet on the Spain 35?


Investors can financial spread bet on the Spain 35 stock market index with:

Spanish Stock Market Updates


Date Trading Update
09-Oct-17 [12:15pm]

Spain 35 Daily Market Report

  • The Spain 35 is currently trading at 10,240.
  • At the end of the last session, the market closed down -2pts (-0.02%) at 10,164.
1 Day Chart Analysis

Falling Stock Market The stock market index is trading lower than the 20DMA of 10,259.1 and lower than the 50DMA of 10,287.5.

Update by Gordon Childs, Editor, CleanFinancial
15-Jul-13 [8:42am] A quick video update on the overnight Chinese data and the latest Euro zone problems.



Update by Ishaq Siddiqi, Market Analyst, ETX Capital

» For more see Stock Market Trading News & Analysis.

Readers please note:


Advert: Spanish Stock Market Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the Spain 35 with Financial Spreads.


Where Can I Spread Bet on the Spain 35 for Free?


Trading the markets always has risks. Nevertheless, if you'd like to open a free Practice Account, where you can trial spread betting on a broad range of markets, please see below for more details.

When deciding which trading option might work for you, also remember that, in the UK, spread trading is tax free*, i.e. there is no stamp duty, income tax or capital gains tax.

If you are trying to find a free spread trading platform, you should note that investors can take a position on the Spain 35 without having to pay any commissions through providers like:

Free Demo Account


If you are interested in an entirely free Practice Account that allows users to trial online spread betting, and markets such as the Spain 35, then you could always look at: Each of the firms listed above currently provide a free Demo Account which lets users try out theories, check charts and gain experience with a variety of trading orders.

How to Spread Bet on the Spain 35

How to Spread Bet on the Spain 35?


As with a wide variety of global financial markets, an investor can spread bet on stock market indices, like the Spain 35, to either rise or fall.

Looking at Financial Spreads, you can see that they are showing the Spain 35 Rolling Daily market at 7628.5 - 7632.5. Therefore, an investor can spread trade on the Spain 35 index:

  Spain 35 Spread Betting Example Increasing above 7632.5, or
  Spain 35 Spread Trading Example Decreasing below 7628.5

When making a spread bet on the Spain 35 index you trade in £x per point. As a result, should you decide to invest £3 per point and the Spain 35 moves 32 points then there would be a difference to your P&L of £96. £3 per point x 32 points = £96.

Rolling Daily Index Markets

Be aware that this is a Rolling Daily Market and so there is no set closing date for this market. If your position is still open at the end of the day, it just rolls over into the next session.

If you do roll over a position and you are spread betting that the market will:

  Spain 35 Spread Trading Example Go higher - then you are normally charged a small financing fee, or
  Spain 35 Spread Trading Example Go lower - then you will usually receive a small credit to your account

You can find more on Rolling Daily Markets, as well as a fully worked example, in our feature Rolling Daily Spread Betting.


Spanish Stock Market Trading Example


Now, if you consider the spread of 7628.5 - 7632.5 and make the assumptions:
  • You have analysed the markets, and
  • You think that the Spain 35 index will push above 7632.5
Then you could buy at 7632.5 for a stake of, for example, £3 per point.

With such a spread bet you win £3 for every point that the Spain 35 index moves higher than 7632.5. Of course, such a bet also means that you will make a loss of £3 for every point that the Spain 35 market decreases lower than 7632.5.

Thinking of this in a slightly different way, if you were to ‘Buy’ a spread bet then your profits (or losses) are worked out by taking the difference between the closing price of the market and the price you bought the spread at. You then multiply that price difference by the stake.

As a result, if after a few sessions the market started to rise you might decide to close your trade so that you can guarantee your profit.

So if the Spanish stock market increased then the spread might move to 7672.6 - 7676.6. You would settle/close your trade by selling at 7672.6. Accordingly, with the same £3 stake your profit would be calculated as:

Profit = (Closing Price - Opening Price) x stake
Profit = (7672.6 - 7632.5) x £3 per point stake
Profit = 40.1 x £3 per point stake
Profit = £120.30 profit

Trading indices, by spread betting or otherwise, is not always straightforward. In this case, you had bet that the Spanish stock market index would rise. However, the index can also decrease.

If the Spanish stock market had fallen then you could choose to close your position to stop any further losses.

Should the spread pull back to 7598.2 - 7602.2 then you would close your position by selling at 7598.2. If so, that would mean you would lose:

Loss = (Closing Price - Opening Price) x stake
Loss = (7598.2 - 7632.5) x £3 per point stake
Loss = -34.3 x £3 per point stake
Loss = -£102.90 loss

Note - Spain 35 Rolling Daily spread betting price taken as of 11-Oct-12.




How to Spread Bet on Spanish Shares


If you want to spread bet on Spanish shares like Santander then here is how you could do it.

Looking at a spread betting platform like Capital Spreads, we can see they are currently showing the Santander Rolling Daily market at €5.78 - €5.81. As a result, you could spread bet on the Santander share price:

  Santander Spread Trading Example Moving higher than €5.81, or
  Santander Trading Example Moving lower than €5.78

Whilst financial spread betting on Spanish shares you trade in £x per cent. Therefore, if you decided to invest £4 per cent and the Santander shares move €0.35 then that would be a difference to your P&L of £140. £4 per cent x €0.35 = £140.

You can also spread bet on this market in Euros or Dollars, e.g. €x per cent.

Rolling Daily Equities Markets

It's important to note that this is a Rolling Daily Market and so there is no settlement date for this market. Should your trade be left open at the end of the trading day, it will roll over to the next trading day.

If your trade does roll over and you are speculating on the market to:

  Santander Trading Example Go up - then you usually pay a small overnight financing fee, or
  Santander Trading Example Go down - then you will normally receive a small credit to your account

You can learn more in our feature Rolling Daily Spread Betting.


Santander Rolling Daily - Spanish Shares Trading Example


So, if we consider the spread of €5.78 - €5.81 and make the assumptions that:
  • You have analysed the stock market, and
  • You think the Santander share price looks like it will push above €5.81
Then you could decide to go long of the market at €5.81 for a stake of £5 per cent.

Therefore, you win £5 for every cent that the Santander shares move higher than €5.81. However, it also means that you will make a loss of £5 for every cent that the Santander market goes lower than €5.81.

Considering this from another angle, if you were to ‘Buy’ a spread bet then your profit/loss is calculated by taking the difference between the settlement price of the market and the initial price you bought the spread at. You then multiply that difference in price by the stake.

With this in mind, if after a few trading sessions the shares started to increase then you might think about closing your position so that you can guarantee your profit. Therefore, if the market moved up then the spread could change to €6.01 - €6.04. You would settle/close your trade by selling at €6.01. Therefore, with the same £5 stake your profit would be calculated as:

Profit / loss = (Final Value - Opening Value) x stake
Profit / loss = (€6.01 - €5.81) x £5 per cent stake
Profit / loss = €0.20 x £5 per cent stake
Profit / loss = 20c x £5 per cent stake
Profit / loss = £100 profit

Speculating on equities, whether by spread betting or not, is not simple. In this case, you wanted the share price to increase. Of course, the share price might decrease.

If the Santander stock decreased, contrary to your expectations, then you might choose to close your spread bet to limit your losses.

Should the spread pull back to €5.62 - €5.65 you would settle your position by selling at €5.62. Therefore, you would make a loss of:

Profit / loss = (Final Value - Opening Value) x stake
Profit / loss = (€5.62 - €5.81) x £5 per cent stake
Profit / loss = -€0.19 x £5 per cent stake
Profit / loss = -19c x £5 per cent stake
Profit / loss = -£95 loss

Note: Santander Rolling Daily market correct as of 12-Oct-12.


Spread Betting on Spanish Companies


Simply click on the company you're interested in spread betting on.

As well as live charts and prices, we talk you through the most popular spread betting questions for that Spanish company:

Company Name Symbol Spanish Shares
Spread Betting Guides »
Charts &
Prices


Where Can I Find Live Spread Betting Prices and Charts for the Spain 35?


If you'd like to analyse up-to-the-minute trading charts and prices for the Spain 35, you will generally need a financial spread betting account. Please note that opening any such account is normally dependent on status and credit checks.

Should your new account be approved then, once logged on, you will be able to view the charts and the current pricing. These are usually provided as part of the service. What's the catch? You might get an occasional letter and/or call from your spread betting firm.

If you were to spread bet then, before starting, remember that financial spread betting does carry a high level of risk to your trading capital and can result in losses that are greater than your initial deposit.

Although charting software/packages tend to differ from firm to firm, to aid your trading decisions, most charts usually come with valuable features and tools such as:
  • A number of different time periods - 30 minutes, 2 hours, 1 day etc
  • A variety of views - line, candlestick and bar charts
  • Tools for drawing/adding features - Trendlines, Fibonacci Time Zones, Arcs and Fans
  • Technical indicators and chart overlays - MACD, Chaikin's Volatility etc
The charts offered by FinancialSpreads.com also come with more advanced aspects like:
  • BackTesting and Analysis functions
  • Email notifications for when your chosen market reaches a certain price

Example indices chart

Spain 35 Trading Guide - Example Chart


The spread betting firms listed below offer clients real-time trading charts and prices:

Advert: Spanish Stock Market Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the Spain 35 with Financial Spreads.


Trading Risk Warning
'Spanish Stock Market Spread Betting' edited by Jacob Wood, updated 09-Oct-17

For related articles also see:





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