Goldman Sachs Spread Bets





Also see Live Goldman Sachs chart below.



Where Can I Spread Bet on Goldman Sachs?

You can put spread bets on Goldman Sachs and numerous other financial markets by using an account with these spread betting firms:

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 Goldman Sachs Chart




Live Goldman Sachs Chart




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

The chart above gives a valuable guide.

Of course, if you’re financial spread betting on Goldman Sachs, the above companies have platforms with real-time prices and advanced charts.

Example chart:

Goldman Sachs Spread Bets - Example Chart



Goldman Sachs Spread Betting Example

Goldman Sachs Spread Bets
If you are interested in financial spread betting on equities like Goldman Sachs then, looking at a website like InterTrader, at the time of writing you would find a price of $170.75 – $170.99.

Therefore, you could speculate on Goldman Sachs to move higher than $170.99 or to move lower than $170.75.

When placing a spread bet, investors trade on every unit the market goes up or down; in the case of the Goldman Sachs market a unit is $0.01 of the stock’s price movement.

So let’s say you decide to stake £1 for every cent Goldman Sachs goes up or down.


Spread Betting on the Market to Go Up

If you bought Goldman Sachs at $170.99 and the stock went up then the quote might change to $172.36 – $172.60. If this were the case, you could close your bet for a profit at $172.36.

Your Profits (or Losses) = (closing value of the market – opening value of the market) x stake per cent
Your Profits (or Losses) = ($172.36 – $170.99) x £1 per cent stake
Your Profits (or Losses) = $1.37 x £1 per cent
Your Profits (or Losses) = £137 profit

Conversely, if the stock decreased to $169.78 – $170.02, you may want to close your bet to restrict your losses. Assuming this was the case, you’d sell back at $169.78.

So, with the same £1 per cent stake:

Your Profits (or Losses) = (closing value of the market – opening value of the market) x stake per cent
Your Profits (or Losses) = ($169.78 – $170.99) x £1 per cent stake
Your Profits (or Losses) = -$1.21 x £1 per cent
Your Profits (or Losses) = -£121 loss


Spread Betting on the Market to Go Down

A benefit of spread trading is that you can short sell the markets, i.e. bet on the markets to go down.

This example was originally priced at $170.75 – $170.99.

If you short sold Goldman Sachs at $170.75 and the stock decreased then the quote could become $168.94 – $169.18. If so, you might decide to close your trade for a profit at $169.18.

Your Profits (or Losses) = (opening value of the market – closing value of the market) x stake per cent
Your Profits (or Losses) = ($170.75 – $169.18) x £1 per cent stake
Your Profits (or Losses) = $1.57 x £1 per cent
Your Profits (or Losses) = £157 profit

The markets can of course rise, if the stock increased to, for example, $171.90 – $172.14, you may want to close your trade to limit your losses. In that case, you would buy at $172.14.

With the same £1 per cent stake:

Your Profits (or Losses) = (opening value of the market – closing value of the market) x stake per cent
Your Profits (or Losses) = ($170.75 – $172.14) x £1 per cent stake
Your Profits (or Losses) = -$1.39 x £1 per cent
Your Profits (or Losses) = -£139 loss


Goldman Sachs Rolling Daily prices quoted as of 17-Oct-16.

One thing to note is that this is a rolling daily trade. This kind of market does not have a preset settlement date and automatically rolls over to the next trading day. If it does roll, then you may be charged a small overnight financing fee or receive a small credit. For more details, please see rolling daily spread betting.



Goldman Sachs Practice Accounts

But what if you want to try things out first? The following firms have free test accounts, i.e. accounts where you can have a go at trading Goldman Sachs without risking any funds.



User Questions and Answers on Goldman Sachs

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