Next Spread Bets





Also see Live Next chart below.



Where Can I Spread Bet on Next?

Investors can spread bet on Next and numerous other financial markets by using an account with any of these spread betting providers:

Financial Spreads ETX Capital Spreadex IG City Index
FTSE 100 Shares Financial Spreads FTSE 100 Shares ETX Capital FTSE 100 Shares Spreadex FTSE 100 Shares IG FTSE 100 Shares City Index FTSE 100 Shares
FTSE 250 Shares Financial Spreads FTSE 250 Shares ETX Capital FTSE 250 Shares Spreadex FTSE 250 Shares IG FTSE 250 Shares City Index FTSE 250 Shares
You may also be available to spread bet on FTSE 350 stocks with other platforms. Also see spread betting comparison notes.


Live Next Chart




Live Next Chart




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

For those that are financial spread betting on Next, the above providers give users access to real-time price updates as well as charts with a variety of analysis options.

Example spread trading chart:
Next Spread Bets - Example Chart



Next Spread Betting Example

Next Spread Bets
If you’re thinking about spread betting on UK equities such as Next then, looking at a site like InterTrader.com, at the moment you’d get a quote of 6756.6p – 6768.4p.

That means you can speculate on Next to move higher than 6768.4p or to move lower than 6756.6p.

If you are spread trading, you trade on every unit the market moves up or down; in the case of the Next market a unit is 1p of the UK share’s price movement.

Let’s say, for this example, you want to bet £1 for every penny the UK retailer goes up or down.


Speculating on the Market to Go Up

If you were to buy Next at 6768.4p and the UK retailer’s rose then the price could move to 6971.5p – 6983.3p. If this were the case, you could close your trade for a profit by selling at 6971.5p.

Profit or Loss = (closing value of the market – initial value of the market) x stake per penny
Profit or Loss = (6971.5p – 6768.4p) x £1 per penny stake
Profit or Loss = 203.1p x £1 per penny
Profit or Loss = £203.10 profit

The markets do of course fall, if the UK shares were to fall down to 6582.3p – 6594.1p, you might decide to close your bet to prevent further losses. Assuming this was the case, you would make a sell trade at 6582.3p.

With the same £1 per penny stake:

Profit or Loss = (closing value of the market – initial value of the market) x stake per penny
Profit or Loss = (6582.3p – 6768.4p) x £1 per penny stake
Profit or Loss = -186.1p x £1 per penny
Profit or Loss = -£186.10 loss


Speculating on the Market to Go Down

A major advantage of placing a spread bet is that investors can short sell the markets, i.e. speculate on the markets to fall.

At the start of the example, the market was 6756.6p – 6768.4p.

If you shorted Next at 6756.6p and the UK shares went down then the quote might change to 6521.8p – 6533.6p. If so, you might want to close your position for a profit at 6533.6p.

Profit or Loss = (initial value of the market – closing value of the market) x stake per penny
Profit or Loss = (6756.6p – 6533.6p) x £1 per penny stake
Profit or Loss = 223.0p x £1 per penny
Profit or Loss = £223.00 profit

Nevertheless, if the UK shares had moved up to, for example, 6949.2p – 6961.0p, you may decide to close your position to restrict your losses. Therefore, you would buy back at 6961.0p.

So, with the same £1 per penny stake:

Profit or Loss = (initial value of the market – closing value of the market) x stake per penny
Profit or Loss = (6756.6p – 6961.0p) x £1 per penny stake
Profit or Loss = -204.4p x £1 per penny
Profit or Loss = -£204.40 loss


Next Rolling Daily market quoted as of 01-Mar-16.

Note that this is a Rolling Daily market. This kind of market doesn’t have a set expiry date and instead rolls over to the next session automatically. If it does roll, then you might incur a small charge or receive a small credit. To learn more see guide to rolling daily charges.



Next Demo Accounts

Sometimes you might just want to practice. The companies detailed below also offer demo accounts. You can use these accounts to see how spread trading works on Next without taking on any risk.



User Questions and Answers on Next

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