Placing a spread bet on daily rolling shares. You can open a position by selling to 'go short' or buying to 'go long', trade intraday or hold the position and let it 'roll' overnight for one or more days.
Spreads and Trading hours are correct at time of publication. Spreads may vary in irregular market conditions. Other markets are available on request.
Opening hours are 07.00 to 21.15
| FTSE 100 Shares |
| MFG Hours |
08:00 - 16:30 |
| Bet per (See Note 1) |
1 penny move in share price |
| Spread |
0.2% of share price (See Note 3) |
| Notional Trading requirements (See Note 2) |
Margin rates will vary per share quoted. Please enquire for specific rates |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
N/A |
| FTSE 250 Shares |
| MFG Hours |
08:00 - 16:30 |
| Bet per (See Note 1) |
1 penny move in share price |
| Spread |
0.3% of share price (See Note 3) |
| Notional Trading requirements (See Note 2) |
Margin rates will vary per share quoted. Please enquire for specific rates |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
N/A |
| Small Cap Shares |
| MFG Hours |
08:00 - 16:30 |
| Bet per (See Note 1) |
1 penny move in share price |
| Spread |
1.0% of share price (See Note 3) |
| Notional Trading requirements (See Note 2) |
Margin rates will vary per share quoted. Please enquire for specific rates |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
N/A |
| US Shares |
| MFG Hours |
14:30 - 21:00 |
| Bet per (See Note 1) |
1 cent move in share price |
| Spread |
0.2% of share price (See Note 3) |
| Notional Trading requirements (See Note 2) |
Margin rates will vary per share quoted. Please enquire for specific rates |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
N/A |
NOTES TO DAILY INDIVIDUAL SHARES:
1) Minimum bet size is 50p per penny move in the share price which is equivalent to a trade of 50 shares.
2) The notional trading requirements quoted above are the minimum required and may be increased if the underlying share is illiquid.
3) The spreads quoted above are added to any market bid/offer spread. Open trades will be adjusted for dividends (which are not payable).
4) Certain european stocks available on request.
5) We reserve the right to impose restrictions on the bet size at any stage of the dealing process.
6)Bets placed on these markets will expire after the market closes on each trading day. Subject to the following conditions the bet will be closed and reopened:
(i) Orders nominated against a rolled position will be transferred to the new bet and adjusted to reflect any dividend adjustment or any other special situation.
(ii) The level of the new bet will reflect any dividend adjustments or financing rebates/charges or any special situation.
(iii) No contract note will be provided in relation to the closing and opening bets involved in a rollover.
7) Spread Betting any of the products listed on this page would not result in ownership of the underlying instrument.
