Spread Betting on Cairn Shares (CNE.L)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Cairn Energy?

FinancialSpreads.com offers investors an array of stocks such as Cairn Energy, HSBC, Apple and Societe Generale, together with a broad selection of other UK, US and international stocks.

Where Can I Access Live Prices for the Cairn Energy Market?

When trading with a FinancialSpreads account clients are able to take a position on numerous real-time spread betting and CFD trading prices including Cairn Energy and a wide array of other equities, stock market indices, commodities and currencies prices.

Where Can I Get Live Cairn Energy Charts?

When using a FinancialSpreads account clients can make use of real-time charts for Cairn Energy and numerous other financial spread betting and CFD markets.

As well as several chart types, the charting package also comes with a large variety of advanced functions that include:
Sample Financial Spreads share spread trading chart:

Shares Spread Betting Charts



A Guide to Financial Spread Betting on Cairn Energy

Let's say that you go on Financial Spreads and are presented with:

  Cairn Energy Rolling Cash Sell

205.36
Buy

206.04


Here is an example of how the market works.

Spread Betting Market:Cairn Energy Rolling Cash
The Spread Betting Quote:205.36p - 206.04p
What This Means:You can trade on the Cairn Energy Rolling Cash market going:

  Spread Betting Higher than 206.04p, or
  Spread Betting Lower than 205.36p

This market is a 'Rolling' market meaning that it does not have a closing date. If you haven't closed your trade 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 normally either be charged or receive a small fee for overnight financing depending on whether you are betting on the market to rise or fall. For further details see Rolling Spread Betting.
Units Traded:Spread bets on the Cairn Energy market are priced in £x per penny price movement.

E.g. if Cairn Energy changes by 55p then you would win or lose 55 multiples of your stake.
Stake per Unit:You work out how much you are going to stake per penny, e.g. £2 per penny, £4 per penny, £20 per penny etc.
Short Staking Example:If you had a stake of £3 per penny and Cairn Energy moves 31p, you would lose / win £3 per penny x 31p = £93.


Spread Betting Example - Buying Cairn Energy

Financial spread trading on the UK share to increase

You Work Out Whether to Go Long or Short: Cairn Energy to push:

  Spread Betting Higher than 206.04p? or
  Spread Betting Lower than 205.36p?

Let's Assume You Decide to Buy:   Spread Betting Higher than 206.04p
You Select Your Stake, Let's Assume You Select: £10 per penny
So What Happens Now?
  • You make a profit of £10 for every penny Cairn Energy increases above 206.04p
  • Your spread bet loses £10 for each penny Cairn Energy falls lower than 206.04p
When Speculating on a Market to Go Up Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
 
Scenario 1
Cairn Energy rises and the financial spread betting market is moved to 216.34p - 217.02p, so you'd see this on Financial Spreads:   216.34   217.02
Time to Lock in Your Profit? At this point, you may opt to let your position run or close it and take your profit. For this example, you opt to settle your trade by selling at 216.34p.
Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
(216.34p - 206.04p) x £10 per penny
10.30p x £10 per penny
Your Trading Profits/Losses = £103.00 profit
 
Scenario 2
Cairn Energy drops and the market is revised and changes to 196.77p - 197.45p, i.e. you would see:   196.77   197.45
Time to Limit Your Loss? You could opt to let your spread bet run or close it, i.e. close your trade to limit your loss. In this example you decide to settle your bet by selling the market at 196.77p.
Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
(196.77p - 206.04p) x £10 per penny
-9.27p x £10 per penny
Your Trading Profits/Losses = -£92.70 loss


Worked Spread Betting Example - Taking a Bearish View of Cairn Energy

Spread trading on the UK share to fall

You Decide Whether to Buy or Sell: Cairn Energy to move:

  Spread Betting Higher than 206.04p? or
  Spread Betting Lower than 205.36p?

Let's Assume You Want to Sell:   Spread Betting Lower than 205.36p
You Decide How Much to Risk, Let's Say You Opt For: £5 per penny
What Happens Now?
  • Your spread bet loses £5 for each penny Cairn Energy rises above 205.36p
  • You make a profit of £5 for each penny Cairn Energy pushes lower than 205.36p
When Going Short of a Market Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
 
Scenario 3
Cairn Energy falls and the spread betting market is adjusted and moved to 188.76p - 189.44p, therefore you'd see:   188.76   189.44
Close for a Profit? At this point, you could decide to keep your bet open or close it in order to lock in your profit. For this example, you decide to close your bet by buying at 189.44p.
Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
(205.36p - 189.44p) x £5 per penny
15.92p x £5 per penny
Your Trading Profits/Losses = £79.60 profit
 
Scenario 4
Cairn Energy pushes higher and the spread trading market is adjusted to 219.00p - 219.68p, therefore you would see:   219.00   219.68
Restrict Your Loss?At this point, you can decide to keep your spread bet open or close it, i.e. close your position and restrict your losses. In this instance you decide to settle your position and buy the market at 219.68p.
Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
(205.36p - 219.68p) x £5 per penny
-14.32p x £5 per penny
Your Trading Profits/Losses = -£71.60 loss

Where Can I Practice Financial Spread Betting on Cairn Energy?

Financial Spreads provide a free Practice Account where you can try out trading ideas, try out CFD trading and spread betting, check live charts and practice with trading orders on spread betting and CFD markets such as Cairn Energy.

The Demo Account has a wide range of markets such as equities, index markets, commodities and foreign exchange rates.


More on Cairn Energy plc (CNE)



A common ticker code for Cairn Energy is 'CNE' however 'CNE.L' and 'LON:CNE' 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.