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.

US Russell 2000, Jun

indices - USRussell2000
Index
From 0.5 *
(Shares only)
1
21/06/2024
2300-2200
£1
1(50 if guaranteed)
1
None
NTR: Position (GBP) % ***
0 - 948
.50
948 - 2,845
2.50
2,845 - 4,742
5.00
4,742 +
15.00
Limited Risk NTR: Position (GBP) % ***
0 - 2,371
10.00
2,371 +
15.00
Spread Premium: Stake (GBP) Multiplier
0 - 490
1
490 - 990
2.67
990 - 3,000
4.33
3,000 +
20
Mar,Jun,Sep,Dec
CME 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

This market mirrors the Russell 2000, the benchmark index of small-cap US shares. All constituents have market capitalizations below $5billion, and it is comprised of the bottom 2000 shares of the broader market Russell 3000 Index (which represents around 98% of the investable US equity market) regardless of exchange. It is reconstituted annually as some companies grow into the mid-cap range and new listings are added.


}