Financial Spread Betting on the Societe Generale Share Price

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Societe Generale?

Financial Spreads offers clients a range of equity markets such as Societe Generale, Vodafone, Chevron and Telefonica, along with numerous other UK, US and global stocks.

Where Can I Access Live Prices for the Societe Generale Market?

With a Financial Spreads account clients are able to take a view on more than a thousand live prices including markets like Societe Generale and a large range of other equities, stock market indices, commodities and forex prices.

Where Can I Get Live Societe Generale Charts?

When trading with a Financial Spreads account you can use real time trading charts for Societe Generale and over 1,000 other markets.

To aid your analysis, the charting package has a wide range of advanced functions:
Sample equity candlestick chart:

Shares Spread Betting Charts



How to Financial Spread Bet on Societe Generale

For example, let's imagine that you sign into the Financial Spreads site and see the current quote is:

  Societe Generale Rolling Cash Sell

3866.6
Buy

3876.4


This is a brief example of how the market works.

The Spread Betting Market:Societe Generale Rolling Cash
Spread Trading Price:3866.6c - 3876.4c
How This Works:You can spread bet on the Societe Generale Rolling Cash market moving:

  Spread Betting Higher than 3876.4c, or
  Spread Betting Lower than 3866.6c

This is a 'Rolling' market which means that there is no final closing date for this trade. If you don't close your position and the session ends then your position will automatically roll over to the next session.

Note that if the trade is rolled over then you will normally either receive or be charged a small fee for overnight financing based on whether you are speculating on the market to move lower or higher. To learn more see Rolling Spread Betting.
Units Traded:Spread betting trades on the Societe Generale market are made in £x per cent price movement.

E.g. if Societe Generale moves by 40.0c then you would lose or gain 40 times your stake.
Trade Size:You decide how much you would like to stake per cent, e.g. £3 per cent, £5 per cent, £15 per cent etc.
Simplified Example:If you went with a stake of £5 per cent and Societe Generale moves 29.0c, you would gain or lose £5 per cent x 29.0c = £145.


Worked Spread Betting Example - Taking a Long Position on Societe Generale

Spread trading on the European share to move up

You Now Work Out Whether to Go Long or Short: Societe Generale to move:

  Spread Betting Higher than 3876.4c? or
  Spread Betting Lower than 3866.6c?

Let's Assume You Want to Go Long:   Spread Betting Higher than 3876.4c
You Choose How Much to Risk, Let's Say You Choose: £5 per cent
So What Happens Now?
  • You win £5 for every cent Societe Generale pushes higher than 3876.4c
  • You lose £5 for each cent Societe Generale falls below 3876.4c
If You Are Betting on a Market to Go Up Your Profits (or Losses) = (Settlement Price - Opening Price) x stake
 
Trading Scenario 1
Societe Generale pushes higher and the spread betting market is revised and is set at 3907.4c - 3917.2c, therefore you'd see this on Financial Spreads:   3907.4   3917.2
Lock in Your Profit? You may opt to leave your trade open or close it to take a profit. In this instance you choose to close your position and sell at 3907.4c.
Your Profits (or Losses) = (Settlement Price - Opening Price) x stake
(3907.4c - 3876.4c) x £5 per cent
31.0c x £5 per cent
Your Profits (or Losses) = £155.00 profit
 
Trading Scenario 2
Societe Generale decreases and the market is revised and changes to 3849.3c - 3859.1c, i.e. the market moves to:   3849.3   3859.1
Close and Limit the Loss? At this point, you could decide to let your position run or close it, i.e. close your position and limit your loss. For this example, you decide to close your position and sell the market at 3849.3c.
Your Profits (or Losses) = (Settlement Price - Opening Price) x stake
(3849.3c - 3876.4c) x £5 per cent
-27.1c x £5 per cent
Your Profits (or Losses) = -£135.50 loss


Worked Example - Going Short of Societe Generale

Financial spread trading on the European share to move lower

You Work Out Whether to Go Long or Short: Societe Generale to push:

  Spread Betting Higher than 3876.4c? or
  Spread Betting Lower than 3866.6c?

You Might Decide to Sell:   Spread Betting Lower than 3866.6c
You Decide Your Stake, Let's Assume You Opt For: £4 per cent
So What Next?
  • You lose £4 for each cent Societe Generale pushes above 3866.6c
  • You win £4 for each cent Societe Generale moves below 3866.6c
If You Are Going Short of a Market Your Profits (or Losses) = (Opening Price - Settlement Price) x stake
 
Trading Scenario 3
Societe Generale drops and the spread trading market is revised and set at 3815.0c - 3824.8c, i.e. on Financial Spreads you would see:   3815.0   3824.8
Take a Profit? You could decide to keep your spread bet open or close it in order to lock in a profit. In this example you decide to settle your trade by buying the market at 3824.8c.
Your Profits (or Losses) = (Opening Price - Settlement Price) x stake
(3866.6c - 3824.8c) x £4 per cent
41.8c x £4 per cent
Your Profits (or Losses) = £167.20 profit
 
Trading Scenario 4
Societe Generale goes higher and the financial spread betting market changes to 3893.3c - 3903.1c. Therefore you would see:   3893.3   3903.1
Time to Restrict Your Loss?You may choose to let your trade run or close it to restrict your loss. In this case you choose to settle your position by buying at 3903.1c.
Your Profits (or Losses) = (Opening Price - Settlement Price) x stake
(3866.6c - 3903.1c) x £4 per cent
-36.5c x £4 per cent
Your Profits (or Losses) = -£146.00 loss

Where Can I Practice Financial Spread Betting on Societe Generale?

Financial Spreads provide a free Demo Account that allows investors to try out trading orders, practice CFD trading and spread betting, try out new trading strategies and view charts on markets including Societe Generale.

The Demo Account offers access to a wide array of markets including commodity markets, forex, stock market indices and shares.

Open a Free CFDs / Spread Betting 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.