Spread Betting on the BASF Share Price

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on BASF?

FinancialSpreads offers clients a wide array of equity markets including BASF, Vodafone, Wal-Mart and Deutsche Bank, together with many other global shares.

Where Can I Access Live Prices for the BASF Market?

With FinancialSpreads you can access over 1,000 live prices such as BASF and a wide range of other shares, commodities, stock market indices and currency markets.

Where Can I Get Live BASF Charts?

Using a Financial Spreads account investors are able to access a real time charting package for BASF and over a thousand other markets.

Along with the various display styles, the package also comes with a wide range of advanced functions:
Example equity candlestick chart:

Shares Spread Betting Charts



A Guide to Spread Trading on BASF

For example, let's imagine that you look at the FinancialSpreads site and the platform is showing a quote of:

  BASF Rolling Cash Sell

8372.6
Buy

8393.4


This is a brief example of how it works...

Spread Betting Market:BASF Rolling Cash
The Spread Betting Price:8372.6c - 8393.4c
How the Spread Works:Now you can speculate on the BASF Rolling Cash market going:

  Spread Betting Above 8393.4c, or
  Spread Betting Below 8372.6c

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

Note that if the trade is rolled over then you will either be charged or receive interest for overnight financing depending upon whether you are speculating on the market to go down or up. For further details also see Rolling Spread Betting.
Trading Units:Spread trades on the BASF market are priced in £x per cent price movement.

E.g. if BASF changes by 30.0c then you would win/lose 30 times your stake.
Stake per Unit:You decide how much you would like to trade per cent, e.g. £3 per cent, £8 per cent, £15 per cent etc.
Short Staking Exercise:As an example, if you chose a stake of £4 per cent and BASF moves 27.0c, you would win / lose £4 per cent x 27.0c = £108.


Worked Spread Betting Example - Taking a Bullish View of BASF

Financial spread betting on the European share to rise in value

You Now Decide Whether to Buy or Sell: BASF to move:

  Spread Betting Above 8393.4c? or
  Spread Betting Below 8372.6c?

Let's Assume You Choose to Go Long:   Spread Betting Above 8393.4c
You Decide Your Stake, Choosing: £1 per cent
What Happens Now?
  • You gain £1 for every cent BASF pushes higher than 8393.4c
  • You lose £1 for each cent BASF goes lower than 8393.4c
If You Go Long With a Spread Bet Your P&L = (Final Price - Initial Price) x stake
 
Scenario 1
BASF moves higher and the spread trading market becomes 8531.9c - 8552.7c. So you'd see this on Financial Spreads:   8531.9   8552.7
Take a Profit? You could choose to leave your bet open or close it in order to lock in your profit. In this example you decide to settle your trade by selling at 8531.9c.
Your P&L = (Final Price - Initial Price) x stake
(8531.9c - 8393.4c) x £1 per cent
138.5c x £1 per cent
Your P&L = £138.50 profit
 
Scenario 2
BASF drops and the financial spread betting market is adjusted and moved to 8238.1c - 8258.9c. Therefore you would see:   8238.1   8258.9
Close and Limit the Loss? At this point, you could decide to keep your bet open or close it, i.e. close your trade to limit your loss. In this case you decide to settle your position by selling the market at 8238.1c.
Your P&L = (Final Price - Initial Price) x stake
(8238.1c - 8393.4c) x £1 per cent
-155.3c x £1 per cent
Your P&L = -£155.30 loss


Worked Spread Trading Example - Taking a Short Position on BASF

Spread betting on the European share to move down

You Choose to Buy or Sell: BASF moving:

  Spread Betting Above 8393.4c? or
  Spread Betting Below 8372.6c?

Let's Assume You Choose to Sell:   Spread Betting Below 8372.6c
You Select Your Stake, Let's Assume You Opt For: £2 per cent
What Happens Next?
  • You lose £2 for each cent BASF rises above 8372.6c
  • You gain £2 for each cent BASF pushes below 8372.6c
When You Sell a Market Your P&L = (Initial Price - Final Price) x stake
 
Scenario 3
BASF moves lower and the market is revised and changes to 8262.0c - 8282.8c. I.e.   8262.0   8282.8
Time to Take Your Profit? At this point, you can decide to leave your bet open or close it, i.e. close your trade to lock in your profit. In this example you decide to settle your bet by buying the market at 8282.8c.
Your P&L = (Initial Price - Final Price) x stake
(8372.6c - 8282.8c) x £2 per cent
89.8c x £2 per cent
Your P&L = £179.60 profit
 
Scenario 4
BASF pushes higher and the spread betting market is revised and is set at 8452.5c - 8473.3c:   8452.5   8473.3
Close and Restrict Your Loss?At this point, you can decide to keep your spread bet open or close it, i.e. close your position and limit your losses. For this example, you choose to settle your bet and buy the market at 8473.3c.
Your P&L = (Initial Price - Final Price) x stake
(8372.6c - 8473.3c) x £2 per cent
-100.7c x £2 per cent
Your P&L = -£201.40 loss

Where Can I Practice Financial Spread Betting on BASF?

FinancialSpreads provides traders with the option of putting one's trading skills to the test by using a free Practice Account on markets such as BASF.

The Financial Spreads Demo Account doesn't just offer one market; investors are also able to practice trading across an array of stocks and shares, index markets, commodity markets and forex.



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