Spread Betting on Ashmore Shares (ASHM)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Ashmore?

A Financial Spreads account provides investors with a variety of shares spread betting and CFD markets such as Ashmore, Rio Tinto, Walt Disney and E.On, along with a selection of other international equities.

Where Can I Access Live Prices for the Ashmore Market?

A FinancialSpreads account provides real-time pricing on more than 1,000 financial spread betting and CFD markets such as Ashmore and a variety of other equities, commodities, stock markets and currencies prices.

Where Can I Get Live Ashmore Charts?

When trading with a Financial Spreads account you have access to real-time charts for Ashmore and numerous other markets.

Along with different chart types, the charting package also comes with a variety of advanced features:
Example Financial Spreads share trading chart:

Shares Spread Betting Charts



How to Financial Spread Bet on Ashmore

As an example, let's say you log on to the FinancialSpreads site and see:

  Ashmore Rolling Cash Sell

306.09
Buy

306.71


Here is a brief example of how the market works:

Spread Trading Market:Ashmore Rolling Cash
The Spread Trading Price:306.09p - 306.71p
This Means:You can take a position on the Ashmore Rolling Cash market to push:

  Spread Betting Higher than 306.71p, or
  Spread Betting Lower than 306.09p

This is a 'Rolling' market meaning that it does not have a closing date. If you decide not to close your position and the trading session ends then your position will automatically roll over to the next trading day.

Note: if a trade is rolled over then you will either be charged or receive interest for overnight financing depending on whether you are speculating on the market to rise or fall. For further details see Rolling Spread Betting.
Trading Units:Bets on the Ashmore market are made in £x per penny price movement.

E.g. if Ashmore moves 50p then you would lose or gain 50 multiples of your stake.
Stake Size:You choose how much you are going to trade per penny, e.g. £3 per penny, £5 per penny, £20 per penny etc.
Simplified Trading Exercise:For example, if your stake was £2 per penny and Ashmore changes by 29p, you would lose or win £2 per penny x 29p = £58.


Worked Trading Example - Buying Ashmore

Financial spread trading on the UK equity to increase

You Now Decide Whether to Go Long or Short: Ashmore moving:

  Spread Betting Higher than 306.71p? or
  Spread Betting Lower than 306.09p?

Let's Assume You Decide to Buy:   Spread Betting Higher than 306.71p
You Choose How Much to Risk, Let's Assume You Select: £10 per penny
Now What?
  • You make a gain of £10 for every penny Ashmore moves above 306.71p
  • You will make a loss of £10 for each penny Ashmore decreases below 306.71p
When Speculating on a Market to Rise Your Trading P&L = (Final Price - Opening Price) x stake
 
Scenario 1
Ashmore pushes higher and the market moves to 317.44p - 318.06p, i.e. Financial Spreads would show:   317.44   318.06
Close and Take a Profit? You could choose to let your bet run or close it, i.e. close your trade to lock in a profit. In this case you decide to settle your bet and sell at 317.44p.
Your Trading P&L = (Final Price - Opening Price) x stake
(317.44p - 306.71p) x £10 per penny
10.73p x £10 per penny
Your Trading P&L = £107.30 profit
 
Scenario 2
Ashmore pushes lower and the spread betting market is revised and set at 297.20p - 297.82p. So you'd see this on Financial Spreads:   297.20   297.82
Close and Limit the Loss? At this point, you may choose to keep your trade open or close it to restrict your losses. In this instance you choose to close your trade by selling at 297.20p.
Your Trading P&L = (Final Price - Opening Price) x stake
(297.20p - 306.71p) x £10 per penny
-9.51p x £10 per penny
Your Trading P&L = -£95.10 loss


Worked Spread Betting Example - Going Short of Ashmore

Spread betting on the UK equity to move lower

You Now Choose Whether to Go Long or Short: Ashmore to go:

  Spread Betting Higher than 306.71p? or
  Spread Betting Lower than 306.09p?

You Might Decide to Go Short:   Spread Betting Lower than 306.09p
You Decide Your Stake, Let's Say You Select: £5 per penny
What Happens Next?
  • You will make a loss of £5 for each penny Ashmore pushes higher than 306.09p
  • You make a gain of £5 for each penny Ashmore moves below 306.09p
When Betting on a Market to Decrease Your Trading P&L = (Opening Price - Final Price) x stake
 
Scenario 3
Ashmore moves lower and the financial spread betting market is adjusted and moved to 287.79p - 288.41p, i.e. on Financial Spreads you'd see:   287.79   288.41
Lock in Your Profit? You can choose to let your spread bet run or close it to take your profit. In this instance you decide to settle your position by buying at 288.41p.
Your Trading P&L = (Opening Price - Final Price) x stake
(306.09p - 288.41p) x £5 per penny
17.68p x £5 per penny
Your Trading P&L = £88.40 profit
 
Scenario 4
Ashmore moves higher and the spread trading market is revised and moved to 321.13p - 321.75p. I.e. the market moves to:   321.13   321.75
Close and Restrict the Loss?At this point, you may decide to let your trade run or close it, i.e. close your trade and restrict your loss. In this case you decide to close your trade by buying the market at 321.75p.
Your Trading P&L = (Opening Price - Final Price) x stake
(306.09p - 321.75p) x £5 per penny
-15.66p x £5 per penny
Your Trading P&L = -£78.30 loss

Where Can I Practice Financial Spread Betting on Ashmore?

Financial Spreads provides a free Practice Account that allows you to test trading strategies, practice trading, apply trading orders and access live charts on markets such as Ashmore.

The Demo Account has more than the above; you are also able to get trading experience with a wide array of foreign exchange rates, stocks, commodity markets and index markets.

Open a Spread Betting / CFD Trading Demo Account


More on Ashmore Group plc (ASHM)



A common ticker code for Ashmore is 'ASHM' however 'ASHM.L' and 'LON:ASHM' 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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+44 (0) 203 301 0483
support@financialspreads.com

Also see:
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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.