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.

UK 100, Jun

indices - UK100
Index
From 4 *
(Shares only)
1
21/06/2024
2300-2115
2130-2200
£0.5
2(100 if guaranteed)
3
None
NTR: Position (GBP) % ***
0 - 237
.50
237 - 710
2.50
710 - 1,184
5.00
1,184 +
15.00
Limited Risk NTR: Position (GBP) % ***
0 - 592
5.00
592 +
15.00
Spread Premium: Stake (GBP) Multiplier
0 - 530
1
530 - 1,070
1.8
1,070 - 1,400
4
1,400 +
20
Mar, Jun, Sep, Dec
ICE official settlement 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

The UK 100 is one the most heavily traded product by Spreadex members as anyone who keeps themselves up to date with market news can use their knowledge to place spread bets on this index to try and turn a profit.

The Index can be volatile, with movements of over 100 points during the course of the day occurring frequently. If you get your spread bet right, the rewards can be huge.

Spreadex offers a UK 100, Daily contract as well as different future contracts. These contracts will offer a spread on the UK 100 of, for example, 5,698-5,700. 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. If your trade is unsuccessful you will lose the points difference multiplied by your stake.


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