AIG Spread Bets





Also see Live AIG chart below.



Where Can I Spread Bet on AIG?

You can put trades on AIG by using an account with the following spread betting providers:

Financial Spreads ETX Capital Spreadex IG City Index
Dow Jones (Wall Street) Shares Financial Spreads Dow Jones (Wall Street) Shares ETX Capital Dow Jones (Wall Street) Shares Spreadex Dow Jones (Wall Street) Shares IG Dow Jones (Wall Street) Shares City Index Dow Jones (Wall Street) Shares
S&P 500 Shares Financial Spreads S&P 500 Shares ETX Capital S&P 500 Shares Spreadex S&P 500 Shares IG S&P 500 Shares City Index S&P 500 Shares
NASDAQ 100 Shares Financial Spreads NASDAQ 100 Shares ETX Capital NASDAQ 100 Shares Spreadex NASDAQ 100 Shares IG NASDAQ 100 Shares City Index NASDAQ 100 Shares
You may also be available to spread bet on Dow 30 companies other firms. Also see spread betting comparison notes.


Live AIG Chart




Live AIG Chart




Where Can I Get Live Spread Betting Prices and Charts for AIG?

The chart above offers you a valuable look at how the market is behaving.

Nevertheless, if you’re trading AIG, the companies mentioned above have live prices as well as customisable charts.

Typical chart:

AIG Spread Bets - Example Chart



AIG Spread Betting Example

AIG Spread Bets
If you’re interested in spread betting on US shares like AIG then, looking at a firm like Financial Spreads, you’d get a price of $52.27 – $52.34.

That means you can speculate on AIG to go higher than $52.34 or to go lower than $52.27.

When spread trading, investors speculate on every unit the market goes up or down. For the AIG market a unit is $0.01 of the equity’s price movement.

Let’s say you want to bet £3 for every cent AIG moves up or down.


Buying – Speculating on the Market to Increase

If you were to buy AIG at $52.34 and the equity rose then the market might be re-priced at $52.81 – $52.88. Assuming this was the case, you could close your trade at $52.81.

Your P&L = (final price of the market – initial price of the market) x stake per cent
Your P&L = ($52.81 – $52.34) x £3 per cent stake
Your P&L = $0.47 x £3 per cent
Your P&L = £141 profit

Nevertheless, if the equity had fallen to, as an example, $51.91 – $51.98, you may want to close your trade to limit your losses. If so, you would sell the market at $51.91.

So, with the same £3 per cent stake:

Your P&L = (final price of the market – initial price of the market) x stake per cent
Your P&L = ($51.91 – $52.34) x £3 per cent stake
Your P&L = -$0.43 x £3 per cent
Your P&L = -£129 loss


Selling – Speculating on the Market to Decrease

A major benefit of using a spread bet is that you can sell the markets.

If you recall, initially the market was $52.27 – $52.34.

If you went short of AIG at $52.27 and the equity fell then the price could move to $51.66 – $51.73. Therefore, you could close your trade by buying at $51.73.

Your P&L = (initial price of the market – final price of the market) x stake per cent
Your P&L = ($52.27 – $51.73) x £3 per cent stake
Your P&L = $0.54 x £3 per cent
Your P&L = £162 profit

However, if the equity were to rise up to $52.70 – $52.77, you could close your trade to prevent further losses. In that case, you’d buy at $52.77.

Therefore, with the same £3 per cent stake:

Your P&L = (initial price of the market – final price of the market) x stake per cent
Your P&L = ($52.27 – $52.77) x £3 per cent stake
Your P&L = -$0.50 x £3 per cent
Your P&L = -£150 loss


AIG Rolling Daily spread betting prices taken as of 08-Jul-16.

Please note that this is a ‘Rolling Daily’ trade. This type of market does not have a fixed closing date and rolls over to the next trading day automatically. When a market rolls over you may receive a small credit or incur a small financing charge. For more details, please see rolling daily spread betting.



AIG Test Accounts

Sometimes you might want to try things out. The companies listed below also have free demo accounts, i.e. accounts you can use to place spread bets on AIG without risking any capital.



User Questions and Answers on AIG

Leave a Reply