Stocks & Shares
Individual shares remain a popular focus of financial spread betting. Rather than going through the traditional process of purchasing the share itself, you can use our leveraged spread bet product to gain the same exposure with less capital. There are also tax efficiencies to be had by using our spread betting platform as your investment vehicle as there are no capital gains taxes payable on successful trades.
ETX Capital gives you access to 1000s of stocks and shares from all the popular stock exchange indices including over 500 UK shares, 250 US shares and 100s more from Europe and the World.
Finding the shares that you wish to trade on is easy as we use the same symbols within our platform that savvy investors are used to.
Trading Example
An ETX Capital customer thinks that the share price of Marks and Spencer's is going to rise. The two way bet price for M&S Rolling Daily is 371.56 - 372.54.
The customer decides to buy £10 per point of M&S paying the buy price of 372.54. The margin on this product is 5% so the margin required to open the trade is £186.27
Over the next 3 days the price of Marks and Spencer shares trade at around the same price as when the customer placed their spread bet trade, so the customer keeps their position open allowing their trade to rollover for each of the 3 days.
Rollover involves closing the open position and re-opening a new position for the next day's trading. ETX Capital takes the funding charge directly from the cash balance so that the original position always remains at the entry price; this allows the customer to easily track the performance of their spread-bets while the ETX Capital platform takes care of the daily rolling trade automatically.
Rollover funding is calculated as the nominal value x (1mth Libor +/- 2.5%) / 365
The nominal value is £10 x 372.54 = 3725.4 x 3.1% = 115.49 / 365 = 0.32p
The price of M&S shares rises to 381.76 - 382.77 and the client sells their position of £10 per point in M&S at 381.76.
The client realises a gross profit of £92.20 or net profit of £91.24 after 3 days funding. Had the price of M&S shares fallen the client would have incurred a loss.
Rolling daily bets available from world stock exchanges.
- Top 20 Denmark
- Top 20 Finland
- Top 40 France
- Top 30 Germany
- Top 40 Italy
- Top 25 Netherlands
- Top 20 Norway
- Top 40 South Africa
- Top 35 Spain
- Top 30 Sweden
- Top 30 Swiss
- Top 550 UK shares
- Top 250 US Shares
- Exchange Traded Funds
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