Spread Betting on the Citigroup Share Price (C)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Citigroup?

A Financial Spreads account provides clients with a wide variety of shares CFD and spread betting markets including Citigroup, Vodafone, General Electric and Siemens, along with many other UK, American and international shares.

Where Can I Access Live Prices for the Citigroup Market?

When trading with a Financial Spreads account you are able to take a position on 1,000+ real-time spread betting and CFD trading prices including markets like Citigroup and a large range of other stocks, stock markets, commodities and foreign exchange markets.

Where Can I Get Live Citigroup Charts?

With Financial Spreads clients can look at real time charts for Citigroup and over 1,000 other markets.

To aid your analysis, the charting package comes with a large variety of advanced functions:
Sample FinancialSpreads equity spread betting chart:

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How to Financial Spread Bet on Citigroup

For example, let's imagine that you go on the FinancialSpreads site and the live price is:

  Citigroup Rolling Cash Sell

5111.0
Buy

5116.0


This is an example of how the market works

The Spread Betting Market:Citigroup Rolling Cash
Price (Spread):5111.0¢ - 5116.0¢
How the Market Works:You can trade on the Citigroup Rolling Cash market going:

  Spread Betting Above 5116.0¢, or
  Spread Betting Below 5111.0¢

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

Note: if a trade does roll over then you will normally either be charged or receive interest for overnight financing depending on whether you are betting on the market to go down or up. To learn more see Rolling Spread Betting.
Points (Units) Traded:Spread betting trades on the Citigroup market are priced in £x per cent price movement.

E.g. if Citigroup moves by 55.0¢ then you would win/lose 55 multiples of your stake.
Stake (Trade Size):You work out how much you want to risk per cent, e.g. £2 per cent, £5 per cent, £10 per cent etc.
Quick Staking Example:For example, if you chose a stake of £3 per cent and Citigroup changes by 21.0¢, you would lose or win £3 per cent x 21.0¢ = £63.


Worked Spread Trading Example - Going Long of Citigroup

Online spread betting on the equity to go up

You Decide Whether to Go Long or Short: Citigroup to move:

  Spread Betting Above 5116.0¢? or
  Spread Betting Below 5111.0¢?

You Might Decide to Buy:   Spread Betting Above 5116.0¢
You Decide How Much to Risk, Choosing: £3 per cent
Now What?
  • You win £3 for each cent Citigroup goes above 5116.0¢
  • You lose £3 for every cent Citigroup goes below 5116.0¢
When Spread Betting on a Market to Go Up Your Profits (or Losses) = (Closing Price - Initial Price) x stake
 
Situation 1
Citigroup pushes higher and the spread betting market changes to 5169.7¢ - 5174.7¢. So you would see this on Financial Spreads:   5169.7   5174.7
Lock in Your Profit? At this point, you may decide to let your spread bet run or close it to take a profit. In this example you choose to settle your trade by selling at 5169.7¢.
Your Profits (or Losses) = (Closing Price - Initial Price) x stake
(5169.7¢ - 5116.0¢) x £3 per cent
53.7¢ x £3 per cent
Your Profits (or Losses) = £161.10 profit
 
Situation 2
Citigroup moves lower and the market is revised to 5054.6¢ - 5059.6¢. Therefore you would see this on Financial Spreads:   5054.6   5059.6
Time to Limit the Loss? At this point, you could choose to leave your position open or close it to restrict your losses. In this case you opt to settle your position and sell at 5054.6¢.
Your Profits (or Losses) = (Closing Price - Initial Price) x stake
(5054.6¢ - 5116.0¢) x £3 per cent
-61.4¢ x £3 per cent
Your Profits (or Losses) = -£184.20 loss


Worked Example - Taking a Short Position on Citigroup

Spread betting on the equity to decrease

You Select Whether to Go Long or Short: Citigroup to push:

  Spread Betting Above 5116.0¢? or
  Spread Betting Below 5111.0¢?

Let's Say You Want to Sell:   Spread Betting Below 5111.0¢
You Select How Much to Risk, Let's Say You Select: £2 per cent
So Now What?
  • You lose £2 for every cent Citigroup pushes above 5111.0¢
  • You win £2 for every cent Citigroup pushes below 5111.0¢
When Betting on a Market to Fall Your Profits (or Losses) = (Initial Price - Closing Price) x stake
 
Situation 3
Citigroup decreases and the financial spread betting market is revised and set at 5038.9¢ - 5043.9¢, so you would see:   5038.9   5043.9
Close and Take a Profit? At this point, you could choose to let your position run or close it to take your profit. In this example you choose to settle your bet and buy at 5043.9¢.
Your Profits (or Losses) = (Initial Price - Closing Price) x stake
(5111.0¢ - 5043.9¢) x £2 per cent
67.1¢ x £2 per cent
Your Profits (or Losses) = £134.20 profit
 
Situation 4
Citigroup moves higher and the spread trading market is revised and changes to 5182.7¢ - 5187.7¢, i.e. you would see:   5182.7   5187.7
Time to Limit Your Loss?At this point, you could opt to leave your bet open or close it, i.e. close your trade and restrict your losses. In this example you decide to close your trade by buying the market at 5187.7¢.
Your Profits (or Losses) = (Initial Price - Closing Price) x stake
(5111.0¢ - 5187.7¢) x £2 per cent
-76.7¢ x £2 per cent
Your Profits (or Losses) = -£153.40 loss

Where Can I Practice Financial Spread Betting on Citigroup?

FinancialSpreads.com provides a free Practice Account which means you can use trading orders, review real-time charts, practice trading and test new trading strategies etc. on markets including Citigroup.

The Practice Account has more than the above market; investors can gain experience with a wide range of stock market indices, forex, commodity markets and stocks.

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More on Citigroup Inc. (C)



The ticker code for Citigroup is 'C', for more news and data on the American firm, also see: Financial Spreads is not responsible for the content of external / third party websites.



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