Standard Chartered Spread Betting
Where Can I Spread Bet on Standard Chartered?
Investors are able to speculate on Standard Chartered with a number of spread betting companies:
|Broker Ratings - Sponsored by IG
Standard Chartered Broker Ratings
A look at the latest Standard Chartered broker ratings:
|16-Mar-16||Underperform||Keefe, Bruyette & Woods||457.95||480||4.80%|
|10-Mar-16||Underperform||Exane BNP Paribas||459.25||385||-16.20%|
|08-Mar-16||Sector Perform||RBC Capital Markets||480.85||460||-4.30%|
|15-Feb-16||Sector Perform||RBC Capital Markets||440.75||600||36.10%|
|11-Jan-16||Sector Perform||RBC Capital Markets||512.4||600||17.10%|
|27-Nov-15||Sector Perform||RBC Capital Markets||557.6||1018.42||82.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Standard Chartered?
The real time CFD trading chart below will offer users a helpful look at the Standard Chartered market.
The chart above is from Plus500 and typically uses the Standard Chartered futures contract (not the spot market).
If you want access to live spread trading charts and the current prices for Standard Chartered, you will probably require a spread betting account.
Also, a spreads account gives you access to daily contracts. Please note that all such accounts are normally dependent on credit, status and suitability checks.
If your new account is accepted, you will be able to log in and check the real time prices/charts. On most platforms, these will be free. What's the catch? You might get an occasional newsletter and/or sales call from your spread betting firm.
Of course, if you do trade, be aware that CFDs and financial spread betting do involve a high degree of risk to your capital and can result in losses that exceed your initial investment.
See below for more on advanced Standard Chartered charts.
Standard Chartered Analysis & News
Professional Level Charts for Standard Chartered Shares
Whilst the specific charting packages can differ between platforms, in order to help your trading analysis, they generally come with useful features, including:
Charts from Capital Spreads also include more advanced aspects like:
- A number of intervals such as 30 minutes, 4 hours, 1 month and so on
- Different chart types such as OHLC charts and candlestick charts
- Drawing options and features such as Fibonacci Arcs, Fans and Time Zones
Example share trading chart
- Tailored Indicators, Back Testing and Optimisation functions
- Helpful overlays such as Ichimoku Kinko Hyo, Parabolic SAR, Linear Regression and so on
- More than 30 secondary charts such as Chaikin's Volatility, MACD, % Price Oscillator and so on
- Automatic email alerts for when a market reaches a pre-set price
The spread betting firms in the following list offer clients access to real time trading charts and prices:
Where Can I Spread Bet on Standard Chartered for Free?
Speculating always involves an element of risk, however, if you would like to open a Practice Account (free), which lets you try financial spread betting on a range of markets, then see below for further details.
When looking at which trading option might work for you, also remember that spread trading in the UK is currently free of income tax, capital gains tax and stamp duty*.
If you're looking for a low cost financial spread betting website then keep in mind that you are able to spread bet on Standard Chartered without having to pay any brokers' fees or commissions through companies like:
If you're looking for a free Demo Account which allows you to try out financial spread betting, and markets like Standard Chartered, then you can always have a closer look at:
Each of the spread betting firms listed above currently provide a Demo Account which investors can use to analyse professional charts, try out new trading strategies and gain experience with a host of trading orders.
How to Spread Bet on Standard Chartered?
Should you decide to speculate on UK listed companies like Standard Chartered then one possibility could be spread trading on the Standard Chartered share price.
Looking at a website like Capital Spreads, we can see they have priced the Standard Chartered Rolling Daily market at 1483.7p - 1486.3p. As a result, you can spread bet on the Standard Chartered shares:
Moving higher than 1486.3p, or
Moving lower than 1483.7p
When spread trading on FTSE 350 equities you trade in £x per penny. Therefore, if you choose to have a stake of £4 per penny and the Standard Chartered shares move 26p then that would make a difference to your profit/loss of £104. £4 per penny x 26p = £104.
Rolling Daily Shares Markets
It is important to note that this is a Rolling Daily Market and so it does not have a set settlement date. You do not have to close your position, should it still be open at the end of the trading day, it simply keeps rolling over into the next day.
Should your position roll over, if you are speculating that the market will:
Move up - then you would normally pay a small financing fee, or
Move down - then a small payment is often credited 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.
Standard Chartered Rolling Daily - Equities Trading Example
If we continue with the spread of 1483.7p - 1486.3p and make the assumptions:
Then you could choose to buy a spread bet at 1486.3p and risk, letís say, £3 per penny.
- You have done your equities analysis, and
- Your research suggests that the Standard Chartered share price is likely to increase and go above 1486.3p
This means that you win £3 for every penny that the Standard Chartered shares push higher than 1486.3p. Conversely, however, you will make a loss of £3 for every penny that the Standard Chartered market falls lower than 1486.3p.
Considering this from another angle, if you were to buy a spread bet then your profits (or losses) are worked out 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 your stake.
With this in mind, if after a few sessions the shares started to move upwards then you could choose to close your spread bet so that you can secure your profit.
Taking this a step further, if the market did go up then the spread, determined by the spread betting company, could be adjusted to 1530.9p - 1533.5p. You would close your trade by selling at 1530.9p. Accordingly, with the same £3 stake your profit would be calculated as:
Profit = (Closing Level - Opening Level) x stake
Profit = (1530.9p - 1486.3p) x £3 per penny stake
Profit = 44.6p x £3 per penny stake
Profit = £133.80 profit
Trading equities, by spread trading or otherwise, is not always easy. In the above example, you had bet that the share price would increase. Naturally, it could fall.
If the Standard Chartered stock dropped then you might decide to settle/close your spread bet in order to limit your losses.
So if the market dropped to 1447.7p - 1450.3p you would settle your spread bet by selling at 1447.7p. As a result, your loss would be:
Loss = (Closing Level - Opening Level) x stake
Loss = (1447.7p - 1486.3p) x £3 per penny stake
Loss = -38.6p x £3 per penny stake
Loss = -£115.80 loss
Note: Standard Chartered Rolling Daily market correct as of 19-Oct-12.
Standard Chartered Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Standard Chartered with
'Standard Chartered Spread Betting' edited by Jacob Wood, updated 03-Oct-17
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