Spread Betting on Antofagasta Shares (ANTO)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Antofagasta?

Financial Spreads offers investors a wide array of shares spread trading and contracts for difference markets including Antofagasta, Royal Dutch Shell, Apple and Allianz, along with many other UK, American and international stocks.

Where Can I Access Live Prices for the Antofagasta Market?

FinancialSpreads offers live prices on more than 1,000 CFD and spread trading markets like Antofagasta and a wide variety of other shares, FX, stock market indices and commodities prices.

Where Can I Get Live Antofagasta Charts?

When using a FinancialSpreads account clients can use live trading charts for Antofagasta and over 1,000 other CFD and financial spread betting markets.

As well as different chart types, the charting package comes with a large range of options:
Example equities candlestick chart:

Shares Spread Betting Charts



How to Spread Bet on Antofagasta

Let's suppose you look at the Financial Spreads website and see:

  Antofagasta Rolling Cash Sell

731.5
Buy

733.0


This is an example of how it works:

The Market:Antofagasta Rolling Cash
The Price:731.5p - 733.0p
This Means That:Now you can take a position on the Antofagasta Rolling Cash market to go:

  Spread Betting Above 733.0p, or
  Spread Betting Below 731.5p

This is a 'Rolling' trade which means that there is no settlement date for this trade. If you don't close your position and the trading session ends then your trade will roll over into the next session.

Note: if a trade does roll over then you will either pay or receive a small fee for overnight financing based on whether you are betting on the market to decrease or increase. For further information also see Rolling Spread Betting.
Traded Units:Trades on the Antofagasta market are made in £x per penny price movement.

E.g. if Antofagasta moves by 30p then you would lose or gain 30 times your stake.
Trade Size:You decide how much you are going to risk per penny, e.g. £1 per penny, £8 per penny, £10 per penny etc.
Short Staking Exercise:For example, if you decided on a stake of £2 per penny and Antofagasta moves 29p, you would win / lose £2 per penny x 29p = £58.


Worked Spread Trading Example - Going Long of Antofagasta

Online spread betting on the share to go up

You Decide to Buy or Sell: Antofagasta to move:

  Spread Betting Above 733.0p? or
  Spread Betting Below 731.5p?

Let's Assume You Want to Buy:   Spread Betting Above 733.0p
You Select How Much to Risk, Opting for: £4 per penny
So What Now?
  • You win £4 for every penny Antofagasta goes above 733.0p
  • You lose £4 for each penny Antofagasta decreases below 733.0p
If You Buy a Market Your P&L = (Closing Price - Initial Price) x stake
 
Trading Scenario 1
Antofagasta rises and the spread betting market moves to 755.0p - 756.5p, so you'd see this on Financial Spreads:   755.0   756.5
Take Your Profit? You could decide to leave your position open or close it, i.e. close your trade to lock in a profit. In this case you choose to close your trade and sell the market at 755.0p.
Your P&L = (Closing Price - Initial Price) x stake
(755.0p - 733.0p) x £4 per penny
22.0p x £4 per penny
Your P&L = £88.00 profit
 
Trading Scenario 2
Antofagasta slips and the spread trading market is adjusted and moved to 707.3p - 708.8p. I.e. the market moves to:   707.3   708.8
Restrict Your Loss? At this point, you could opt to let your position run or close it, i.e. close your trade and limit your loss. For this example, you opt to settle your trade by selling the market at 707.3p.
Your P&L = (Closing Price - Initial Price) x stake
(707.3p - 733.0p) x £4 per penny
-25.7p x £4 per penny
Your P&L = -£102.80 loss


Spread Trading Example - Going Short of Antofagasta

Spread betting on the share to move lower

You Choose Whether to Go Long or Short: Antofagasta moving:

  Spread Betting Above 733.0p? or
  Spread Betting Below 731.5p?

Let's Assume You Want to Go Short:   Spread Betting Below 731.5p
You Choose Your Stake, Choosing: £5 per penny
So Now What Happens?
  • You lose £5 for each penny Antofagasta moves higher than 731.5p
  • You win £5 for each penny Antofagasta decreases lower than 731.5p
If You Are Selling a Market Your P&L = (Initial Price - Closing Price) x stake
 
Trading Scenario 3
Antofagasta goes lower and the financial spread betting market is adjusted to 715.7p - 717.2p. So you would see this on Financial Spreads:   715.7   717.2
Close and Take Your Profit? You may decide to keep your trade open or close it, i.e. close your position for a profit. In this instance you decide to settle your position by buying the market at 717.2p.
Your P&L = (Initial Price - Closing Price) x stake
(731.5p - 717.2p) x £5 per penny
14.3p x £5 per penny
Your P&L = £71.50 profit
 
Trading Scenario 4
Antofagasta pushes higher and the market is moved to 746.6p - 748.1p, therefore you would see:   746.6   748.1
Limit Your Loss?You could choose to keep your trade open or close it, i.e. close your position and restrict your losses. In this case you decide to settle your position and buy at 748.1p.
Your P&L = (Initial Price - Closing Price) x stake
(731.5p - 748.1p) x £5 per penny
-16.6p x £5 per penny
Your P&L = -£83.00 loss

Where Can I Practice Financial Spread Betting on Antofagasta?

FinancialSpreads.com offer a free Practice Account which means investors can practice trading, test trading orders, check charts and try out trading strategies on markets including Antofagasta.

The Demo Account doesn't just offer the above; you can try trading across an array of forex, commodity markets, stocks and shares and index markets.


More on Antofagasta plc (ANTO)



A common ticker code for Antofagasta is 'ANTO' however 'ANTO.L' and 'LON:ANTO' are also used.

For more news and information on the UK firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


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Also see:
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Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.