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.
Wall Street, Daily
| NTR: | Position (GBP) | % *** | |||
|---|---|---|---|---|---|
| .50 | ||||
| 2.50 | ||||
| 5.00 | ||||
| 15.00 |
| Limited Risk NTR: | Position (GBP) | % *** | |||
|---|---|---|---|---|---|
| 5.00 | ||||
| 15.00 |
| Spread Premium: | Stake (GBP) | Multiplier | |||
|---|---|---|---|---|---|
| 1 | ||||
| 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 Dow Jones Industrial Average is an index that shows how 30 large publicly owned companies based in the United States have traded during a standard session in the stock market. Also, known as the Industrial Average, the Dow Jones, the Dow 30 or the Dow, the index is one of several created by Dow Jones & Company founder Charles Dow and is now owned by the CME Group. The index includes companies such as Bank of America, Coca-Cola, Microsoft and Wal-Mart.
If you want to place a financial spread bet based on movements of the Dow with Spreadex, you can trade a product known as the Wall Street Index.
The Wall Street contracts are the second most heavily traded financial spread betting product by Spreadex members after the UK 100 Index. The readily available information and widespread coverage of the US markets and the Dow Jones in particular, combined with liquid and fast moving prices means that everyone from a seasoned pro to a newcomer to spread betting can use their knowledge of the markets to try to make a profit.
The Dow Jones can make large intra-day and overnight swings so can be quite volatile for a newcomer. For those willing to accept the risks, the rewards when you get it right can be huge with 200-300 point daily swings not uncommon.
Spreadex offers a Wall Street, Daily contract as well as different future contracts. These contracts will offer a spread on the Wall Street of, for example, 10,996-11,000. 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.
