Range of Markets

Financial Spread Betting Markets Explained

We have collated a detailed description of all our financial spread betting markets, providing you with detailed market and trade information plus descriptions to explain more about each particular instrument.

Natural Gas, Jun

commodities - NaturalGas
Commodity
25 *
(Shares only)
0.001
27/05/2024
2300-2200
£0.5
0.003(0.3 if guaranteed)
2
FinancingRate +/- 3.5%
NTR: Position (GBP) % ***
0 - 18
.50
18 - 141
2.50
141 - 705
10.00
705 +
25.00
Limited Risk NTR: Position (GBP) % ***
0 - 176
10.00
176 +
25.00
Spread Premium: Stake (GBP) Multiplier
0 - 280
1
280 - 570
2
570 - 1,000
4
1,000 +
20
Monthly
NYMEX official settlement price on last day of trading +/- spread

*Any spread width shown in brackets is the spread which will be applied outside of the market’s normal trading hours.

**Funding applied on daily basis to ‘Daily’ and ‘Daily Futures’ markets only.

***When placing a new trade the NTR Multiplier is calculated from the mid-point of the current price. E.g. if a share is currently trading at 199.7 – 200.3 with an NTR multiplier of ‘10% of the current price’ then the NTR Multiplier at that time will be 20 (10% of 200). Once you have an open position in a market, if that position is a buy it will be marked to the current bid price and therefore the NTR Multiplier will be calculated from the bid price. If the position is a sell it will be marked to the offer price and therefore the NTR Multiplier will be calculated from the offer price. Please note this means that NTR Multipliers will vary as the price and bid-offer spread of the market moves.


Market Description

Natural gas is known as a very clean fuel which is used extensively around the world. A bulk of natural gas is in Russia and in the Middle East. It is predominately used in energy production.

Prices are generally quoted in US dollars per million British thermal units. To give an example of the range covered by the commodity, in February 1999 natural gas was trading at lows of $1.625 before rising to highs of $14.65 in October of 2005.

When spread betting on natural gas you trade per 0.1 cent movement, therefore the price movement can be quite reasonably volatile with up to 100 point movements per day common.

When placing a financial spread bet with Spreadex on the future price of natural gas, you can trade on Futures markets with prices quoted based on expiry at a given future date. For example, Spreadex may quote natural gas, Futures at 3.844-3.894.


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