Financial Spread Betting on the Sanofi Share Price

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Sanofi?

A FinancialSpreads account provides a variety of equities spread betting and contracts for difference markets like Sanofi, Reckitt Benckiser, Citigroup and Daimler, plus a host of other UK, US and international stocks.

Where Can I Access Live Prices for the Sanofi Market?

A FinancialSpreads account provides real time prices on numerous spread trading and CFD markets including Sanofi and a large range of other equities, stock market indices, FX and commodities markets.

Where Can I Get Live Sanofi Charts?

Using a FinancialSpreads account investors have access to live trading charts for Sanofi and more than 1,000 other markets.

Along with the various chart types, the charting package also has a large variety of advanced functions:
Example share spread betting chart:

Shares Spread Betting Charts



A Guide to Financial Spread Betting on Sanofi

As an example, let's say you log on to the FinancialSpreads website and see:

  Sanofi Rolling Cash Sell

8659.3
Buy

8681.7


This is an example of how the market works:

Spread Trading Market:Sanofi Rolling Cash
The Spread Betting Price:8659.3c - 8681.7c
What This Means:You can bet on the Sanofi Rolling Cash market going:

  Spread Betting Above 8681.7c, or
  Spread Betting Below 8659.3c

This is a 'Rolling' market which means that there is no closing date. If you don't close your trade and the session ends then your trade will roll over into the next trading session.

If the trade is rolled over then you will normally either be credited or charged for overnight financing based upon the direction of your position. For further details see Rolling Spread Bets.
Trading Units:Spread bets on the Sanofi market are priced in £x per cent price movement.

E.g. if Sanofi changes by 45.0c then you would gain or lose 45 multiples of your stake.
Stake per Unit:You work out your stake per cent, e.g. £2 per cent, £4 per cent, £20 per cent etc.
Quick Example:If, for example, your stake was £4 per cent and Sanofi moves 20.0c, you would lose / win £4 per cent x 20.0c = £80.


Trading Example - Buying Sanofi

Financial spread trading on the equity to increase in value

You Now Decide to Buy or Sell: Sanofi to go:

  Spread Betting Above 8681.7c? or
  Spread Betting Below 8659.3c?

Let's Say You Decide to Buy:   Spread Betting Above 8681.7c
You Select How Much to Risk, Opting for: £3 per cent
What Next?
  • You make a gain of £3 for each cent Sanofi increases higher than 8681.7c
  • You will lose £3 for every cent Sanofi falls lower than 8681.7c
If You Are Betting on a Market to Rise Your P&L = (Settlement Price - Initial Price) x stake
 
Example 1
Sanofi rises and the market moves to 8733.8c - 8756.2c. Therefore you'd see this on Financial Spreads:   8733.8   8756.2
Close for a Profit? At this point, you can choose to let your position run or close it, i.e. close your trade for a profit. In this case you choose to close your position by selling at 8733.8c.
Your P&L = (Settlement Price - Initial Price) x stake
(8733.8c - 8681.7c) x £3 per cent
52.1c x £3 per cent
Your P&L = £156.30 profit
 
Example 2
Sanofi goes lower and the financial spread betting market is moved to 8620.9c - 8643.3c. I.e.   8620.9   8643.3
Close and Restrict the Loss? You can opt to leave your trade open or close it, i.e. close your trade to limit your loss. In this example you choose to settle your trade by selling the market at 8620.9c.
Your P&L = (Settlement Price - Initial Price) x stake
(8620.9c - 8681.7c) x £3 per cent
-60.8c x £3 per cent
Your P&L = -£182.40 loss


Spread Betting Example - Going Short of Sanofi

Spread trading on the equity to decrease in value

You Now Decide to Go Long or Short: Sanofi to push:

  Spread Betting Above 8681.7c? or
  Spread Betting Below 8659.3c?

You Might Choose to Go Short:   Spread Betting Below 8659.3c
You Choose Your Stake Size, Choosing: £4 per cent
Now What?
  • You will lose £4 for every cent Sanofi pushes above 8659.3c
  • You make a gain of £4 for every cent Sanofi moves below 8659.3c
If You Are Spread Betting on a Market to Decrease Your P&L = (Initial Price - Settlement Price) x stake
 
Example 3
Sanofi drops and the spread trading market adjusts and moves to 8594.3c - 8616.7c. Therefore you would see:   8594.3   8616.7
Close and Take a Profit? At this point, you may choose to keep your bet open or close it, i.e. close your spread bet to lock in your profit. In this example you decide to settle your trade by buying at 8616.7c.
Your P&L = (Initial Price - Settlement Price) x stake
(8659.3c - 8616.7c) x £4 per cent
42.6c x £4 per cent
Your P&L = £170.40 profit
 
Example 4
Sanofi goes higher and the spread betting market changes to 8686.6c - 8709.0c, so you would see this on Financial Spreads:   8686.6   8709.0
Limit the Loss?At this point, you could opt to keep your position open or close it, i.e. close your position to restrict your losses. In this case you opt to settle your bet and buy at 8709.0c.
Your P&L = (Initial Price - Settlement Price) x stake
(8659.3c - 8709.0c) x £4 per cent
-49.7c x £4 per cent
Your P&L = -£198.80 loss

Where Can I Practice Financial Spread Betting on Sanofi?

FinancialSpreads gives you the option of testing new ideas and theories by using a Demo Account, demo markets include Sanofi.

The Financial Spreads Demo Account offers access to a wide array of markets such as foreign exchange rates, shares, commodity markets and indices.

Open a Free Spread Betting / CFDs Demo Account


Contact Customer Support

+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.