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:
- Overlays and technical indicators, for example, MACD, RSI, % Price Oscillator etc.
- An array of intervals, for example, 1 minute, 1 hour, 1 week etc.
- Drawing features and options, for example, trendlines, Fibonacci arcs, time zones and fans
Example equity candlestick chart:
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:
 Above 5128.6p, or
 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:
Above 5128.6p? or
Below 5116.4p?
|
| Let's Assume You Choose to Go Long: |
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:
Above 5128.6p? or
Below 5116.4p?
|
| You Might Want to Sell: |
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 |
- Shire notes: spread betting pricing as per Financial Spreads on 13 February 2015
- You could also consider spread betting on Shire in euros per penny and US dollars per penny
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.
The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.
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