Spread Betting on IMI Shares (IMI.L)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on IMI?

FinancialSpreads provides a wide range of stocks and shares like IMI, Sainsburys, Walt Disney and Allianz, along with a selection of other international shares.

Where Can I Access Live Prices for the IMI Market?

A FinancialSpreads account offers investors live pricing on numerous markets such as IMI and a large range of other stocks, commodities, indices and foreign exchange prices.

Where Can I Get Live IMI Charts?

When using a FinancialSpreads account you can look at a real time charting package for IMI and over 1,000 other markets.

As well as the various chart types, the package also comes with a range of features:
Sample Financial Spreads share trading chart:

Shares Spread Betting Charts



How to Financial Spread Bet on IMI

For example, let's assume you look at the Financial Spreads website and the current price is:

  IMI Rolling Cash Sell

1416.0
Buy

1420.0


This is a guide to how it works.

Market:IMI Rolling Cash
The Spread:1416.0p - 1420.0p
This Means That:You can bet on the IMI Rolling Cash market going:

  Spread Betting Higher than 1420.0p, or
  Spread Betting Lower than 1416.0p

This is a Rolling spread bet and so there is no final closing date. If you haven't closed your position and the session ends then your position will roll over to the next session.

Note: if a trade is rolled over then you will either be charged or credited for overnight financing depending on the direction of your trade. For additional information also see Rolling Spread Bets.
Units (Points) Traded:Spread bets on the IMI market are made in £x per penny price movement.

E.g. if IMI changes by 35p then you would lose / win 35 times your stake.
Stake Size:You choose how much you want to risk per penny, e.g. £3 per penny, £5 per penny, £15 per penny etc.
Brief Staking Example:If, as an example, you decided on a stake of £4 per penny and IMI moves by 35p, you would win / lose £4 per penny x 35p = £140.


Spread Trading Example - Buying IMI

Online spread betting on the UK share to rise

You Now Choose Whether to Buy or Sell: IMI to go:

  Spread Betting Higher than 1420.0p? or
  Spread Betting Lower than 1416.0p?

Let's Assume You Buy:   Spread Betting Higher than 1420.0p
You Decide Your Stake, Opting for: £4 per penny
What Next?
  • You win £4 for every penny IMI pushes higher than 1420.0p
  • You lose £4 for each penny IMI moves below 1420.0p
When Betting on a Market to Rise Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
 
Example 1
IMI rises and the spread trading market is adjusted to 1459.1p - 1463.1p. I.e. you'd see:   1459.1   1463.1
Time to Take Your Profit? At this point, you may choose to keep your spread bet open or close it to lock in a profit. For this example, you choose to close your bet and sell the market at 1459.1p.
Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
(1459.1p - 1420.0p) x £4 per penny
39.1p x £4 per penny
Your Trading Profits/Losses = £156.40 profit
 
Example 2
IMI falls and the market adjusts and moves to 1375.3p - 1379.3p. Therefore you'd see this on Financial Spreads:   1375.3   1379.3
Restrict Your Loss? You can choose to let your trade run or close it, i.e. close your position and limit your loss. In this example you decide to settle your bet and sell at 1375.3p.
Your Trading Profits/Losses = (Closing Price - Opening Price) x stake
(1375.3p - 1420.0p) x £4 per penny
-44.7p x £4 per penny
Your Trading Profits/Losses = -£178.80 loss


Worked Spread Betting Example - Selling IMI

Financial spread betting on the UK share to decrease

You Work Out Whether to Go Long or Short: IMI to push:

  Spread Betting Higher than 1420.0p? or
  Spread Betting Lower than 1416.0p?

Let's Say You Want to Sell:   Spread Betting Lower than 1416.0p
You Decide How Much to Risk, Let's Say You Select: £5 per penny
So What Happens Now?
  • You lose £5 for each penny IMI increases higher than 1416.0p
  • You win £5 for each penny IMI pushes lower than 1416.0p
If You Are Speculating on a Market to Decrease Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
 
Example 3
IMI decreases and the spread betting market becomes 1377.0p - 1381.0p, i.e. you'd see:   1377.0   1381.0
Close and Take a Profit? At this point, you could decide to let your spread bet run or close it and take a profit. In this case you opt to settle your position by buying at 1381.0p.
Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
(1416.0p - 1381.0p) x £5 per penny
35.0p x £5 per penny
Your Trading Profits/Losses = £175.00 profit
 
Example 4
IMI increases and the financial spread betting market is revised to 1452.1p - 1456.1p, so you would see this on Financial Spreads:   1452.1   1456.1
Close and Restrict Your Loss?You may opt to keep your spread bet open or close it, i.e. close your trade and restrict your losses. In this case you choose to settle your position and buy at 1456.1p.
Your Trading Profits/Losses = (Opening Price - Closing Price) x stake
(1416.0p - 1456.1p) x £5 per penny
-40.1p x £5 per penny
Your Trading Profits/Losses = -£200.50 loss

Where Can I Practice Financial Spread Betting on IMI?

FinancialSpreads gives investors the ability to test new strategies by using a Demo Account, demo markets include IMI.

The Financial Spreads Demo Account is not restricted to the above; you are also able to try trading on a large range of commodity markets, foreign exchange rates, stock market indices and stocks.

Open a CFDs and Spread Betting Demo Account


More on IMI plc (IMI)



A common ticker code for IMI is 'IMI' however 'IMI.L' and 'LON:IMI' 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.