Spread Betting on Shire Shares (SHP)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Shire?

FinancialSpreads.com offers a wide array of equities including Shire, British American Tobacco, Intel and AXA, along with a broad selection of other UK, US and global shares.

Where Can I Access Live Prices for the Shire Market?

FinancialSpreads provides real-time pricing on more than a thousand CFD and financial spread betting markets including Shire and a wide variety of other shares, stock markets, foreign exchange and commodities markets.

Where Can I Get Live Shire Charts?

When trading with a FinancialSpreads account investors have access to a professional level charting package for Shire and over 1,000 other spread betting and CFD markets.

Along with multiple chart types, the charting package comes with a wide variety of advanced options:
Example equity candlestick chart:

Shares Spread Betting Charts



A Guide to Spread Betting on Shire

As an example, let's imagine you go on the Financial Spreads site and the live quote is:

  Shire Rolling Cash Sell

5116.4
Buy

5128.6


Here's a guide to how it works

The Spread Betting Market:Shire Rolling Cash
The Quote:5116.4p - 5128.6p
How the Trade Works:You can spread bet on the Shire Rolling Cash market to move:

  Spread Betting Above 5128.6p, or
  Spread Betting Below 5116.4p

This is a Rolling market and so there is no final closing date. If you haven't closed your trade and the trading session ends then your trade will automatically roll over into the next session.

Note: if the trade is rolled over then you will either receive or be charged interest for overnight financing depending on whether you are speculating on the market to go down or up. For more details also see Rolling Spread Bets.
Traded Units:Spread bets on the Shire market are priced in £x per penny price movement.

E.g. if Shire moves 50p then you would win or lose 50 multiples of your stake.
Stake Size:You work out how much you want to trade per penny, e.g. £3 per penny, £4 per penny, £10 per penny etc.
Quick Staking Example:If you chose a stake of £4 per penny and Shire changes by 32p, you would lose/win £4 per penny x 32p = £128.


Worked Spread Betting Example - Taking a Bullish View of Shire

Online spread betting on the UK share to go higher

You Work Out Whether to Buy or Sell: Shire to push:

  Spread Betting Above 5128.6p? or
  Spread Betting Below 5116.4p?

Let's Assume You Choose to Go Long:   Spread Betting Above 5128.6p
You Decide How Much to Risk, Opting for: £3 per penny
Now What?
  • You win £3 for every penny Shire moves higher than 5128.6p
  • You will make a loss of £3 for each penny Shire falls below 5128.6p
When You Go Long With a Spread Bet Your P&L = (Closing Price - Initial Price) x stake
 
Scenario 1
Shire increases and the market is revised and is set at 5185.0p - 5197.2p, i.e. you would see:   5185.0   5197.2
Time to Lock in Your Profit? At this point, you can opt to leave your trade open or close it and take your profit. For this example, you opt to close your position and sell at 5185.0p.
Your P&L = (Closing Price - Initial Price) x stake
(5185.0p - 5128.6p) x £3 per penny
56.4p x £3 per penny
Your P&L = £169.20 profit
 
Scenario 2
Shire falls and the spread trading market is revised and changes to 5069.6p - 5081.8p, i.e. you'd see:   5069.6   5081.8
Close and Limit Your Loss? At this point, you may choose to let your position run or close it, i.e. close your spread bet to limit your loss. In this instance you decide to close your position by selling at 5069.6p.
Your P&L = (Closing Price - Initial Price) x stake
(5069.6p - 5128.6p) x £3 per penny
-59.0p x £3 per penny
Your P&L = -£177.00 loss


Trading Example - Selling Shire

Spread trading on the UK share to move lower

You Now Choose to Go Long or Short: Shire going:

  Spread Betting Above 5128.6p? or
  Spread Betting Below 5116.4p?

You Might Want to Sell:   Spread Betting Below 5116.4p
You Select Your Stake Size, Selecting: £2 per penny
So What Happens Now?
  • You will make a loss of £2 for each penny Shire goes higher than 5116.4p
  • You win £2 for each penny Shire moves below 5116.4p
If You Are Going Short of a Market Your P&L = (Initial Price - Closing Price) x stake
 
Scenario 3
Shire goes lower and the financial spread betting market is revised to 5036.7p - 5048.9p. I.e. you would see:   5036.7   5048.9
Close for a Profit? You may opt to leave your spread bet open or close it to lock in a profit. In this case you opt to close your trade by buying at 5048.9p.
Your P&L = (Initial Price - Closing Price) x stake
(5116.4p - 5048.9p) x £2 per penny
67.5p x £2 per penny
Your P&L = £135.00 profit
 
Scenario 4
Shire climbs and the spread betting market is adjusted and moved to 5174.8p - 5187.0p. Therefore you'd see this on Financial Spreads:   5174.8   5187.0
Time to Restrict Your Loss?You could opt to leave your position open or close it, i.e. close your position and limit your loss. In this example you opt to close your position and buy at 5187.0p.
Your P&L = (Initial Price - Closing Price) x stake
(5116.4p - 5187.0p) x £2 per penny
-70.6p x £2 per penny
Your P&L = -£141.20 loss

Where Can I Practice Financial Spread Betting on Shire?

Financial Spreads gives investors the ability to test new trading ideas by using a free Demo Account, markets include Shire.

The Practice Account is not limited to the above; you are also able to try trading with a range of stocks, indices, commodity markets and forex pairs.


More on Shire plc (SHP)



A common ticker code for Shire is 'SHP' however 'SHP.L' and 'LON:SHP' 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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support@financialspreads.com

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.