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Individual Shares - Financial Spread Betting

MF Global Spreads offers individual shares spread betting on share futures.

Our online trading platform gives you full control on a single screen view where you can place trades, manage orders and stay in touch with the markets.

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 Nearest quarter 0.7% 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 Quarterly
Last Day of Dealing Tuesday before 3rd Wednesday of contract month
Basis of Settlement See note 5
FTSE 250 Shares
MFG Hours 08:00 - 16:30
Bet per (See Note 1) 1 penny move in share price
Spread Nearest quarter 0.8% 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 Quarterly
Last Day of Dealing Tuesday before 3rd Wednesday of contract month dealing
Basis of Settlement See note 5
Small Cap Shares
MFG Hours 08:00 - 16:30
Bet per (See Note 1) 1 penny move in share price
Spread Nearest quarter 1.6% 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 Quarterly
Last Day of Dealing Tuesday before 3rd Wednesday of contract month dealing
Basis of Settlement See note 6
US Shares
MFG Hours 14:30 - 21:00
Bet per (See Note 1) 1 cent move in share price
Spread Nearest quarter 0.7% 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 Quarterly
Last Day of Dealing Tuesday before 3rd wednesday of contract month dealing
Basis of Settlement See note 7

 

NOTES TO 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 or has an nms (normal Market size) below 3000 shares.

3) The spreads quoted above are added to any market bid/offer spread. The price Is adjusted for dividends (which are not payable) and funding costs.

4) Certain european stocks available on request.

5) Settlement of individual shares for ftse 100 and ftse 250 shares will be based Upon the official exchange settlement price plus or minus half of our dealing Spread for the relevant share.

6) Settlement of individual shares outside of the ftse top 350 will be settled Basis the price that mfg receives when exiting from the hedge position (plus Or minus half our spread) and may differ materially from the official expiry Price.

7) Settlement for shares traded in europe and in the usa will be based upon the Official exchange settlement price plus or minus half of our dealing spread For the relevant share.

8) We reserve the right to impose restrictions on the bet size at any stage of The dealing process.

Spread Betting carries a high level of risk to your capital and is subject to rapid and unexpected price movements. A key risk of spread betting is that if a spread bet position moves against you, the customer, you can incur additional liabilities far in excess of your initial margin deposit. Only speculate with money you can afford to lose. Spread betting may not be suitable for all customers, therefore ensure you fully understand the risks involved and seek independent financial advice if necessary.

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MF Global Spreads is a trading name of MF Global UK Limited and is authorised and regulated by the Financial Services Authority.
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