Spread Betting on Randgold Resources Shares (RRS)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Randgold Resources?

A Financial Spreads account offers investors a wide array of stocks and shares like Randgold Resources, Imperial Tobacco, Wal-Mart and GDF Suez, along with a broad selection of other UK, US and global shares.

Where Can I Access Live Prices for the Randgold Resources Market?

When using a Financial Spreads account investors are able to access more than a thousand real time spread betting and CFD trading prices including Randgold Resources and a wide array of other shares, FX, commodities and indices markets.

Where Can I Get Live Randgold Resources Charts?

With FinancialSpreads you are able to access real time trading charts for Randgold Resources and more than a thousand other markets.

To help your analysis, the charting package comes with a variety of benefits. These include:
Sample shares trading chart:

Shares Spread Betting Charts



A Guide to Spread Betting on Randgold Resources

Let's say you sign into the FinancialSpreads website and the trading platform is showing a price of:

  Randgold Resources Rolling Cash Sell

5116.4
Buy

5128.6


Here is an example of how it works:

Spread Trading Market:Randgold Resources Rolling Cash
The Quote:5116.4p - 5128.6p
This Means:Now you can bet on the Randgold Resources Rolling Cash market to move:

  Spread Betting Higher than 5128.6p, or
  Spread Betting Lower than 5116.4p

This is a Rolling spread betting market which means that there is no final closing date. If you decide not to close your trade and the session ends then your position will roll over to the next trading session.

Note: if a trade rolls over then you will either have to pay or receive a small fee for overnight financing depending on whether you are speculating on the market to go down or up. For further information see Rolling Spread Betting.
Units (Points) Traded:Bets on the Randgold Resources market are priced in £x per penny price movement.

E.g. if Randgold Resources moves 50p then you would win or lose 50 times your stake.
Stake (Trade Size):You work out how much you are going to stake per penny, e.g. £1 per penny, £4 per penny, £20 per penny etc.
Brief Staking Example:If, as an example, you had a stake of £3 per penny and Randgold Resources moves by 32p, you would win / lose £3 per penny x 32p = £96.


Worked Spread Betting Example - Taking a Bullish View of Randgold Resources

Financial spread betting on the UK equity to move up in value

You Now Select Whether to Buy or Sell: Randgold Resources to go:

  Spread Betting Higher than 5128.6p? or
  Spread Betting Lower than 5116.4p?

Let's Say You Want to Buy:   Spread Betting Higher than 5128.6p
You Decide Your Stake Size, Let's Assume You Opt For: £1 per penny
So What Happens Next?
  • You win £1 for every penny Randgold Resources pushes above 5128.6p
  • You lose £1 for each penny Randgold Resources moves below 5128.6p
If You Go Long With a Spread Bet Your Trading P&L = (Settlement Price - Initial Price) x stake
 
Example 1
Randgold Resources moves higher and the spread betting market adjusts and moves to 5218.4p - 5230.6p. I.e. the market moves to:   5218.4   5230.6
Time to Take a Profit? You may decide to leave your bet open or close it, i.e. close your spread bet to lock in your profit. For this example, you opt to close your bet and sell at 5218.4p.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(5218.4p - 5128.6p) x £1 per penny
89.8p x £1 per penny
Your Trading P&L = £89.80 profit
 
Example 2
Randgold Resources slips and the financial spread betting market is revised and set at 5051.7p - 5063.9p. So you would see this on Financial Spreads:   5051.7   5063.9
Time to Limit the Loss? At this point, you could decide to leave your spread bet open or close it, i.e. close your trade and limit your losses. In this instance you decide to close your bet by selling the market at 5051.7p.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(5051.7p - 5128.6p) x £1 per penny
-76.9p x £1 per penny
Your Trading P&L = -£76.90 loss


Spread Trading Example - Going Short of Randgold Resources

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

You Now Select Whether to Go Long or Short: Randgold Resources moving:

  Spread Betting Higher than 5128.6p? or
  Spread Betting Lower than 5116.4p?

Let's Say You Want to Sell:   Spread Betting Lower than 5116.4p
You Choose Your Stake, Let's Say You Choose: £2 per penny
So What Next?
  • You lose £2 for each penny Randgold Resources increases higher than 5116.4p
  • You win £2 for each penny Randgold Resources pushes lower than 5116.4p
When You Go Short With a Spread Bet Your Trading P&L = (Initial Price - Settlement Price) x stake
 
Example 3
Randgold Resources falls and the spread trading market is adjusted to 5046.0p - 5058.2p. I.e. you would see:   5046.0   5058.2
Time to Lock in a Profit? You could opt to let your position run or close it and take your profit. In this case you choose to settle your bet by buying at 5058.2p.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(5116.4p - 5058.2p) x £2 per penny
58.2p x £2 per penny
Your Trading P&L = £116.40 profit
 
Example 4
Randgold Resources pushes higher and the market moves to 5154.1p - 5166.3p. So you'd see this on Financial Spreads:   5154.1   5166.3
Close and Restrict Your Loss?At this point, you could opt to let your position run or close it, i.e. close your position to limit your loss. In this example you decide to close your bet and buy at 5166.3p.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(5116.4p - 5166.3p) x £2 per penny
-49.9p x £2 per penny
Your Trading P&L = -£99.80 loss

Where Can I Practice Financial Spread Betting on Randgold Resources?

FinancialSpreads provides investors with the ability to try new strategies by using a free Demo Account on markets like Randgold Resources.

The Demo Account offers access to a large range of markets like currencies, commodities, stocks and shares and stock market indices.


More on Randgold Resources Limited (RRS)



A common ticker code for Randgold Resources is 'RRS' however 'RRS.L' and 'LON:RRS' 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.