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.
Hong Kong 50, Daily
| NTR: | Position (GBP) | % *** | |||
|---|---|---|---|---|---|
| .50 | ||||
| 2.50 | ||||
| 5.00 | ||||
| 15.00 |
| Limited Risk NTR: | Position (GBP) | % *** | |||
|---|---|---|---|---|---|
| 10.00 | ||||
| 15.00 |
| Spread Premium: | Stake (GBP) | Multiplier | |||
|---|---|---|---|---|---|
| 1 | ||||
| 2 | ||||
| 3.5 | ||||
| 20 |
*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.
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Market Description
The Hang Seng Index is a market-capitalisation weighted and float-adjusted index tracking the performance of 48 constituents who represent around 60% of capitalisation of the Hong Kong Stock Exchange. It was created in 1969 by banker Stanley Kwan with a base of 100 points and is currently compiled and maintained by Hang Seng Indexes Company Limited.
Its all-time high, set on October 30, 2007, was 31,958.41 points during trading and 31,638.22 points at closing. However, by October 27, 2008, the index had fallen to 10,676.29 points, a contraction of nearly two-thirds from its all-time peak.
If you want to place a financial spread bet based on movements of the Hang Seng with Spreadex, you can trade a product known as the Hong Kong HSI.
Spreadex offers a near Hong Kong HSI future contract. If you think the price will end up being higher than our spread at the contract’s expiry period, you can buy at the ‘offer’ or ‘ask’ price (the higher part of the spread). If you believe the price will end up being lower, you can place a trade to sell at the ‘bid’ (lower part of the spread).
If your trade is successful you will win the points difference multiplied by your stake
