Spread Betting on Morrisons Shares (MRW)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Morrisons?

FinancialSpreads offers a variety of shares spread trading and contracts for difference markets like Morrisons, AstraZeneca, Johnson & Johnson and Deutsche Bank, plus many other UK, American and international stocks.

Where Can I Access Live Prices for the Morrisons Market?

Financial Spreads offers investors live pricing on over a thousand spread trading and CFD markets like Morrisons and a wide range of other shares, commodities, forex and stock market indices.

Where Can I Get Live Morrisons Charts?

With a Financial Spreads account clients can make use of real-time candlestick charts for Morrisons and numerous other CFD and spread betting markets.

Along with different display styles, the charting package has a large variety of advanced options that includes:
Example shares trading chart:

Shares Spread Betting Charts



A Guide to Spread Betting on Morrisons

As an example, let's suppose that you sign into the Financial Spreads site and the trading platform is showing a price of:

  Morrisons Rolling Cash Sell

183.67
Buy

184.13


Here is a brief example of how the market works:

MarketMorrisons Rolling Cash
Price (Spread)183.67p - 184.13p
How This WorksYou can spread bet on the Morrisons Rolling Cash market moving:

  Spread Betting Higher than 184.13p, or
  Spread Betting Lower than 183.67p

This 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 session ends then your position will automatically roll over to the next trading day.

If a trade does roll over then you will either pay or receive interest for overnight financing depending on whether you are speculating on the market to go up or down. For more information see Rolling Spread Bets.
Trading UnitsFinancial spread bets on the Morrisons market are priced in £x per penny price movement.

E.g. if Morrisons moves by 35p then you would win / lose 35 multiples of your stake.
Stake SizeYou decide how much you would like to stake per penny, e.g. £2 per penny, £5 per penny, £15 per penny etc.
Simplified ExampleWith that in mind, if your stake was £2 per penny and Morrisons moves 33p, you would gain or lose £2 per penny x 33p = £66.


Spread Trading Example - Buying Morrisons

Spread trading on the UK share to increase

You Choose Whether to Buy or Sell Morrisons to push:

  Spread Betting Higher than 184.13p? or
  Spread Betting Lower than 183.67p?

Let's Say You Want to Go Long   Spread Betting Higher than 184.13p
You Decide Your Stake Size, Let's Say You Select £15 per penny
Now What Happens?
  • You make a gain of £15 for each penny Morrisons goes higher than 184.13p
  • Your trade loses £15 for every penny Morrisons goes lower than 184.13p
When Speculating on a Market to Go Up Your P/L = (Closing Price - Initial Price) x stake
 
Trading Example 1
Morrisons goes higher and the spread betting market is revised and set at 191.31p - 191.77p, therefore you would see this on Financial Spreads:   191.31   191.77
Lock in a Profit? At this point, you can decide to let your trade run or close it and lock in your profit. In this example you decide to close your trade by selling at 191.31p.
Your P/L = (Closing Price - Initial Price) x stake
(191.31p - 184.13p) x £15 per penny
7.18p x £15 per penny
Your P/L = £107.70 profit
 
Trading Example 2
Morrisons slips and the financial spread betting market is revised and changes to 177.87p - 178.33p. So you would see this on Financial Spreads:   177.87   178.33
Restrict Your Loss? You may opt to let your position run or close it, i.e. close your spread bet and restrict your loss. In this instance you opt to close your position by selling the market at 177.87p.
Your P/L = (Closing Price - Initial Price) x stake
(177.87p - 184.13p) x £15 per penny
-6.26p x £15 per penny
Your P/L = -£93.90 loss


Spread Betting Example - Selling Morrisons

Online spread betting on the UK share to go down in value

You Consider Whether to Go Long or Short Morrisons to go:

  Spread Betting Higher than 184.13p? or
  Spread Betting Lower than 183.67p?

Let's Say You Decide to Sell   Spread Betting Lower than 183.67p
You Choose How Much to Risk, Choosing £10 per penny
Now What?
  • Your trade loses £10 for every penny Morrisons pushes above 183.67p
  • You make a gain of £10 for every penny Morrisons pushes below 183.67p
If You Are Speculating on a Market to Decrease Your P/L = (Initial Price - Closing Price) x stake
 
Trading Example 3
Morrisons falls and the market is moved to 173.90p - 174.36p:   173.90   174.36
Lock in Your Profit? At this point, you may decide to leave your spread bet open or close it, i.e. close your trade to lock in a profit. In this example you decide to settle your bet and buy at 174.36p.
Your P/L = (Initial Price - Closing Price) x stake
(183.67p - 174.36p) x £10 per penny
9.31p x £10 per penny
Your P/L = £93.10 profit
 
Trading Example 4
Morrisons rises and the spread trading market changes to 191.33p - 191.79p, so you would see this on Financial Spreads:   191.33   191.79
Close and Restrict the Loss?At this point, you may decide to let your trade run or close it and limit your loss. In this case you choose to close your position by buying at 191.79p.
Your P/L = (Initial Price - Closing Price) x stake
(183.67p - 191.79p) x £10 per penny
-8.12p x £10 per penny
Your P/L = -£81.20 loss

Where Can I Practice Financial Spread Betting on Morrisons?

Financial Spreads offers a Demo Account where investors can apply trading orders, analyse the live charts, practice trading and try out trading theories etc. on markets such as Morrisons.

The Practice Account doesn't just offer one market; investors can also practice trading on a range of FX pairs, stocks, commodity markets and stock market indices.

Open a Free CFDs and Spread Betting Demo Account


More on Wm. Morrison Supermarkets plc (MRW)



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