Spread Betting on the 3M Share Price (MMM)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on 3M?

Financial Spreads offers clients a range of equity markets such as 3M, BHP Billiton, Procter & Gamble and Daimler, together with numerous other UK, American and international equities.

Where Can I Access Live Prices for the 3M Market?

Using a Financial Spreads account investors can speculate on numerous live prices including markets like 3M and a large range of other equities, commodities, currencies and indices prices.

Where Can I Get Live 3M Charts?

Using a Financial Spreads account you have access to real time candlestick charts for 3M and numerous other financial spread betting and CFD markets.

As well as the various chart types, the package comes with a large range of advanced options:
Sample equities spread betting chart:

Shares Spread Betting Charts



How to Financial Spread Bet on 3M

As an example, let's assume that you sign into FinancialSpreads.com and the live quote is:

  3M Rolling Cash Sell

16498.0
Buy

16580.0


Here's a brief example of how it works

The Market3M Rolling Cash
Quote (The Spread)16498.0¢ - 16580.0¢
How the Spread WorksNow you can trade on the 3M Rolling Cash market to go:

  Spread Betting Higher than 16580.0¢, or
  Spread Betting Lower than 16498.0¢

This is a 'Rolling' market which means that there is no expiry date for this trade. If you decide not to close your trade and the session ends then your position will roll over to the next trading day.

Note that if a trade rolls over then you will normally either receive or be charged a small fee for overnight financing depending upon the direction of your bet. For more details also see Rolling Spread Bets.
Points (Units) TradedSpread bets on the 3M market are made in £x per cent price movement.

E.g. if 3M moves 45.0¢ then you would lose / win 45 times your stake.
Stake Size per UnitYou decide how much you would like to trade per cent, e.g. £1 per cent, £5 per cent, £20 per cent etc.
Short Staking ExerciseAs an example, if your stake was £2 per cent and 3M changes by 33.0¢, you would win/lose £2 per cent x 33.0¢ = £66.


Worked Spread Trading Example - Going Long of 3M

Financial spread trading on the equity to move higher

You Select Whether to Go Long or Short 3M moving:

  Spread Betting Higher than 16580.0¢? or
  Spread Betting Lower than 16498.0¢?

Let's Assume You Decide to Buy   Spread Betting Higher than 16580.0¢
You Decide How Much to Risk, Let's Assume You Opt For £2 per cent
So Now What?
  • You will make £2 for every cent 3M pushes higher than 16580.0¢
  • Your spread bet loses £2 for each cent 3M falls lower than 16580.0¢
If You Are Speculating on a Market to Go Up Your Trading Profits (or Losses) = (Final Price - Initial Price) x stake
 
Example 1
3M goes higher and the market adjusts and moves to 16646.3¢ - 16728.3¢, i.e. on Financial Spreads you would see:   16646.3   16728.3
Close and Take Your Profit? At this point, you can opt to keep your spread bet open or close it for a profit. For this example, you opt to close your trade and sell at 16646.3¢.
Your Trading Profits (or Losses) = (Final Price - Initial Price) x stake
(16646.3¢ - 16580.0¢) x £2 per cent
66.3¢ x £2 per cent
Your Trading Profits (or Losses) = £132.60 profit
 
Example 2
3M falls and the financial spread betting market is revised and set at 16505.4¢ - 16587.4¢, so you'd see this on Financial Spreads:   16505.4   16587.4
Time to Restrict the Loss? You may opt to keep your spread bet open or close it to limit your losses. In this instance you decide to settle your trade by selling the market at 16505.4¢.
Your Trading Profits (or Losses) = (Final Price - Initial Price) x stake
(16505.4¢ - 16580.0¢) x £2 per cent
-74.6¢ x £2 per cent
Your Trading Profits (or Losses) = -£149.20 loss


Spread Betting Example - Going Short of 3M

Spread betting on the equity to go down in value

You Decide Whether to Go Long or Short 3M to move:

  Spread Betting Higher than 16580.0¢? or
  Spread Betting Lower than 16498.0¢?

Let's Assume You Sell   Spread Betting Lower than 16498.0¢
You Choose Your Stake Size, Opting for £1 per cent
So What Happens Next?
  • Your spread bet loses £1 for each cent 3M pushes above 16498.0¢
  • You will make £1 for each cent 3M pushes below 16498.0¢
When You Go Short With a Spread Bet Your Trading Profits (or Losses) = (Initial Price - Final Price) x stake
 
Example 3
3M goes lower and the spread trading market is revised and changes to 16313.7¢ - 16395.7¢. I.e.   16313.7   16395.7
Time to Lock in Your Profit? You could opt to keep your trade open or close it to lock in your profit. For this example, you choose to settle your trade by buying at 16395.7¢.
Your Trading Profits (or Losses) = (Initial Price - Final Price) x stake
(16498.0¢ - 16395.7¢) x £1 per cent
102.3¢ x £1 per cent
Your Trading Profits (or Losses) = £102.30 profit
 
Example 4
3M pushes higher and the spread betting market changes to 16531.1¢ - 16613.1¢, therefore you would see this on Financial Spreads:   16531.1   16613.1
Close and Limit Your Loss?At this point, you may opt to keep your trade open or close it, i.e. close your trade and restrict your losses. In this case you opt to close your trade by buying the market at 16613.1¢.
Your Trading Profits (or Losses) = (Initial Price - Final Price) x stake
(16498.0¢ - 16613.1¢) x £1 per cent
-115.1¢ x £1 per cent
Your Trading Profits (or Losses) = -£115.10 loss

Where Can I Practice Financial Spread Betting on 3M?

Financial Spreads gives investors the ability to try new strategies by using a Demo Account on CFD and spread trading markets like 3M.

The Practice Account has more than the above; you are also able to get trading experience on a wide variety of currencies, commodities, equities and index markets.

Open a Free Spread Betting / CFD Trading Demo Account

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