JP Morgan Spread Bets





Also see Live JP Morgan chart below.



Where Can I Spread Bet on JP Morgan?

You can speculate on JP Morgan by using an account with these 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 JP Morgan Chart




Live JP Morgan Chart




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

The quick chart above gives you a useful look at the market.

Still, for those that are spread trading JP Morgan, the providers mentioned above offer real-time prices as well as more comprehensive charts.

Typical financial spread betting chart from FinancialSpreads:

JP Morgan Spread Bets - Example Chart



JP Morgan Spread Betting Example

JP Morgan Spread Bets
If you decided to spread bet on equities like JP Morgan then, on visiting a trading platform like FinancialSpreads, you would currently find a price of $56.57 – $56.64.

Therefore, you can speculate on JP Morgan to move above $56.64 or move below $56.57.

When you spread bet, you speculate on every unit the market goes up or down; specifically, for the JP Morgan market a unit is $0.01 of the share’s price movement.

So let’s say you decide to bet £3 for every cent JP Morgan rises or falls.


Spread Betting on the Market to Go Up

If you bought JP Morgan at $56.64 and the shares went up then the market might be re-priced at $57.00 – $57.07. If so, you might choose to close your position for a profit by selling at $57.00.

P&L = (final price of the market – opening price of the market) x stake per cent
P&L = ($57.00 – $56.64) x £3 per cent stake
P&L = $0.36 x £3 per cent
P&L = £108 profit

However, if the shares were to fall down to, for example, $56.24 – $56.31, you may decide to close your trade to prevent further losses. In that case, you would place a sell trade at $56.24.

Therefore, with the same £3 per cent stake:

P&L = (final price of the market – opening price of the market) x stake per cent
P&L = ($56.24 – $56.64) x £3 per cent stake
P&L = -$0.40 x £3 per cent
P&L = -£120 loss


Spread Betting on the Market to Go Down

One of the benefits of placing a spread bet is that you can go short of the markets, i.e. bet that the markets are going to drop.

At the beginning of this example, the price was $56.57 – $56.64.

If you sold JP Morgan at $56.57 and the shares decreased then you might see the price move to $56.20 – $56.27. If that were to happen, you might decide to close your position for a profit by buying at $56.27.

P&L = (opening price of the market – final price of the market) x stake per cent
P&L = ($56.57 – $56.27) x £3 per cent stake
P&L = $0.30 x £3 per cent
P&L = £90 profit

The markets do of course rise, if the shares were to rise to, for example, $56.84 – $56.91, you may want to close your trade to limit your losses. Assuming this was the case, you’d buy at $56.91.

With the same £3 per cent stake:

P&L = (opening price of the market – final price of the market) x stake per cent
P&L = ($56.57 – $56.91) x £3 per cent stake
P&L = -$0.34 x £3 per cent
P&L = -£102 loss


JP Morgan Chase Rolling Daily market correct as of 29-Feb-16.

This is a ‘Rolling Daily’ market. This type of trade doesn’t have a preset expiry date and rolls over to the next session automatically. If it does roll, then you may be charged a small overnight financing fee or receive a small credit. To learn more see rolling daily spread trading charges.



JP Morgan Test Accounts

The following companies have free demo accounts. I.e. accounts where you can place some trades on JP Morgan in a risk-free environment.



User Questions and Answers on JP Morgan

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