Spread Betting Answers:
1. How to Spread Bet on Akzo Nobel shares?
Looking at the equities markets, at the moment, the price of the Akzo Nobel Rolling Daily market is €43.25 - €43.37 with companies such as Tradefair.
Like most large cap shares listed on the European exchanges, you can spread bet on the Akzo Nobel shares to rise or fall. With this Akzo Nobel Rolling Daily market, investors can bet on:
a) Akzo Nobel shares to move higher than €43.37, or
b) Akzo Nobel shares to move lower than €43.25.
It should be noted that with the Akzo Nobel market you trade in £X per cent, where a cent is 1c of Akzo Nobel share movement. As a brief example, if you invested £4 per cent and the Akzo Nobel share price moved 5c then you would see a change to your profits (or losses) of £20.
Akzo Nobel Shares Spread Trading Example
For example, let’s say you see the live price on a spread trading website that gives the current spread of €43.25 - €43.37. So, after your market research, you might feel that the Akzo Nobel shares will increase and go higher than €43.37. Therefore:
- You think that the Akzo Nobel share price should increase
- As a result, you decide you are going to go long of the market at €43.37 and you risk £2 per cent
- The price of the shares rises and so the spread becomes €43.91 - €44.03
- With this new spread you may choose to take your profit and settle your position. You would do this by selling at €43.91
- You initially bought the market at €43.37
- Profits (or losses) = (Final Level - Initial Level) x stake
- Profits (or losses) = (€43.91 - €43.37) x £2 per cent
- Profits (or losses) = €0.54 x £2 per cent
- Profits (or losses) = 54c x £2 per cent
- Profits (or losses) = £108 profit
Investments don’t always go to plan. If the trade didn’t work as predicted, and had the Akzo Nobel stock decreased in price, with the spread moving down to €42.72 - €42.84, then you can choose to close your position and restrict your losses. In order to do this you would sell at €42.72.
- Initial buy price: €43.37
- Profits (or losses) = (Final Level - Initial Level) x stake
- Profits (or losses) = (€42.72 - €43.37) x £2 per cent
- Profits (or losses) = -€0.65 x £2 per cent
- Profits (or losses) = -65c x £2 per cent
- Profits (or losses) = -£130 loss
Please note that if you Roll a bet over to the subsequent day you could incur a charge or income for each day that the trade is continued. Further details can be found here: Rolling Daily Spread Betting Charges.
(Financial spread trading prices accurate as of 09-Dec-10)
2. Where can I Financial Spread Bet on Akzo Nobel shares?
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| FTSE 100 Shares |
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| FTSE 250 Shares |
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| Wall Street Shares |
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| S&P 500 Shares |
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| Nasdaq 100 Shares |
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| DAX 30 Shares |
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| CAC 40 Shares |
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| Irish Shares |
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| Other Shares |
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The above spread betting markets may also be available with other companies. Also see Comparison Table Notes.
3. Where can I find real-time spread betting prices for Akzo Nobel shares?
All of the above companies provide access to real-time prices to their account holders.
Note that you may need to log into your account in order to see live spread betting prices for Akzo Nobel shares.
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4. Where can I find candlestick charts for Akzo Nobel shares?
A number of the spread betting companies offer a variety of charts, including candlestick charts. Note that you may need to open an account with the respective company in order to see the charts and/or have full access to real-time charts that you can manipulate. Spread betting accounts are subject to status, terms and conditions.
Candlestick charts are currently available with:
Charts may also be available from other spread betting companies.
Example charts from Financial Spreads:
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Financial Spreads
Spread Betting - No Fees, No Commissions, Free Charts and Live Prices.
Spread Bet on Indices, Forex, Commodities, Shares and more. For details see Financial Spreads.
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"Spread Bet on Akzo Nobel" last update by R Thomas, 25-Apr-2012
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
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