Spread Betting Answers:
1. How to Spread Bet on ING shares?
Currently, the price of the ING Rolling Daily market is €7.76 - €7.78 with spread trading firms like paddypowertrader.
Like many shares listed on the European exchanges, investors can place a spread bet on the ING shares to go up or down. With this ING Rolling Daily market, you can bet on:
a) ING shares to move above €7.78, or
b) ING shares to move below €7.76.
It should be noted that with the ING market you trade in £X per cent, where a cent is 1c of ING share price movement. Considering an example, if you were to invest £10 per cent and the ING shares move 5c then your profits (or losses) would change by £50.
ING Equities Spread Betting Example
As an example, let’s assume you see the real time price on a spread betting website and it gives a spread of €7.76 - €7.78. So, following suitable market research, you could come to feel that the ING share price will move higher than €7.78. This means:
- You think that the ING shares will rise
- Therefore, you decide you want to go long of the market at €7.78 and you invest £5 per cent
- The share price increases and so the spread moves to €7.94 - €7.96
- With the new price you may choose to guarantee a profit and settle your position. In order to do this you would sell at €7.94
- You initially bought the spread at €7.78
- Profit = (Final Level - Initial Level) x stake
- Profit = (€7.94 - €7.78) x £5 per cent
- Profit = €0.16 x £5 per cent
- Profit = 16c x £5 per cent
- Profit = £80 profit
Spread bets don’t always go to plan. Had the market failed to move as planned, and had the ING stock decreased in value, with the spread decreasing to €7.63 - €7.65, then you could choose to close your position and restrict your loss. To do this you would sell at €7.63.
- Price you bought the spread bet at: €7.78
- Loss = (Final Level - Initial Level) x stake
- Loss = (€7.63 - €7.78) x £5 per cent
- Loss = -€0.15 x £5 per cent
- Loss = -15c x £5 per cent
- Loss = -£75 loss
Please note that with a Rolling Daily Spread Bet if you Roll a bet over to the following day you may incur a charge or income for every day that the trade is held overnight. To learn more see: Rolling Daily Spread Betting Charges.
(Spread betting market correct as of 09-Dec-10)
2. Where can I Financial Spread Bet on ING 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 ING 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 ING shares.
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4. Where can I find candlestick charts for ING 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 ING" 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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