Where Can I Spread Bet on Standard Life?
FinancialSpreads provides investors with a large range of equities including Standard Life, SABMiller,
Exxon Mobil and ING Group, together with numerous other UK, US and global equities.
Where Can I Access Live Prices for the Standard Life Market?
Using a FinancialSpreads account clients are able to take a view on over 1,000 live prices like Standard Life and a wide range of other equities, indices, commodities and
foreign exchange markets.
Where Can I Get Live Standard Life Charts?
Using a Financial Spreads account investors can access live candlestick charts for Standard Life and over a thousand other spread trading and CFD markets.
Along with multiple chart types, the charting package also comes with an array of advanced functions:
- Indicators and overlays - MACD, RSI, Williams %R and so on
- A wide range of time intervals - 30 minutes, 4 hours, 1 day and so on
- Drawing options - trendlines, Fibonacci fans, time zones and arcs
Sample share candlestick chart:
How to Financial Spread Bet on Standard Life
Let's imagine you log on to FinancialSpreads.com and the trading platform is showing a quote of:
| Standard Life Rolling Cash |
Sell
398.92 |
|
Buy
399.68 |
|
Here is a brief example of how it works
| Spread Trading Market | Standard Life Rolling Cash |
| The Spread Betting Price | 398.92p - 399.68p |
| This Means | You can speculate on the Standard Life Rolling Cash market to go:
 Above 399.68p, or
 Below 398.92p
This spread betting market is a Rolling market meaning that it does not have a settlement date. If you haven't closed your trade and the trading session ends then your trade will roll over to the next session.
Note: if a trade rolls over then you will normally either be debited or credited for overnight financing depending upon the direction of your bet. To learn more see Rolling Spread Bets. |
| Units Traded | Trades on the Standard Life market are made in £x per penny price movement.
E.g. if Standard Life moves by 40p then you would lose/win 40 multiples of your stake. |
| Trade Size | You decide how much you are going to trade per penny, e.g. £3 per penny, £4 per penny, £10 per penny etc. |
| Short Staking Example | If, for example, you decided on a stake of £3 per penny and Standard Life changes by 32p, you would lose / win £3 per penny x 32p = £96. |
Worked Trading Example - Buying Standard Life
Spread betting on the UK share to go up in value
| You Now Choose Whether to Go Long or Short |
Standard Life going:
Above 399.68p? or
Below 398.92p?
|
| Let's Say You Want to Buy |
Above 399.68p
|
| You Choose Your Stake, Let's Assume You Choose | £15 per penny |
| So What Next? |
- You win £15 for each penny Standard Life increases higher than 399.68p
- You will lose £15 for every penny Standard Life decreases lower than 399.68p
|
| If You Are Buying a Spread Bet Your Profits/Losses = | (Closing Price - Initial Price) x stake |
| | |
| Trading Scenario 1 |
| Standard Life pushes higher and the financial spread betting market adjusts and moves to 410.67p - 411.43p, therefore you would see this on Financial Spreads: |
|
410.67 |
|
411.43 |
|
| Time to Lock in a Profit? | You may choose to let your position run or close it, i.e. close your position for a profit. In this case you decide to settle your bet by selling at 410.67p. |
| Your Profits/Losses = | (Closing Price - Initial Price) x stake |
| (410.67p - 399.68p) x £15 per penny |
| 10.99p x £15 per penny |
| Your Profits/Losses = | £164.85 profit |
| | |
| Trading Scenario 2 |
| Standard Life goes lower and the spread betting market becomes 390.09p - 390.85p, i.e. Financial Spreads would show: |
|
390.09 |
|
390.85 |
|
| Close and Restrict the Loss? | You could decide to let your trade run or close it to restrict your loss. For this example, you decide to settle your bet and sell at 390.09p. |
| Your Profits/Losses = | (Closing Price - Initial Price) x stake |
| (390.09p - 399.68p) x £15 per penny |
| -9.59p x £15 per penny |
| Your Profits/Losses = | -£143.85 loss |
Spread Betting Example - Taking a Bearish View of Standard Life
Spread trading on the UK share to go down
| You Now Select Whether to Buy or Sell |
Standard Life to push:
Above 399.68p? or
Below 398.92p?
|
| Let's Say You Want to Go Short |
Below 398.92p |
| You Select Your Stake, Let's Say You Select | £10 per penny |
| So Now What? |
- You will lose £10 for every penny Standard Life pushes higher than 398.92p
- You win £10 for every penny Standard Life decreases below 398.92p
|
| When Speculating on a Market to Fall Your Profits/Losses = | (Initial Price - Closing Price) x stake |
| | |
| Trading Scenario 3 |
| Standard Life drops and the spread trading market moves to 383.35p - 384.11p, so you'd see this on Financial Spreads: |
|
383.35 |
|
384.11 |
|
| Time to Take Your Profit? | At this point, you may opt to let your spread bet run or close it, i.e. close your spread bet to lock in your profit. For this example, you choose to close your bet and buy at 384.11p. |
| Your Profits/Losses = | (Initial Price - Closing Price) x stake |
| (398.92p - 384.11p) x £10 per penny |
| 14.81p x £10 per penny |
| Your Profits/Losses = | £148.10 profit |
| | |
| Trading Scenario 4 |
| Standard Life goes higher and the market is revised and set at 411.09p - 411.85p, therefore you would see: |
|
411.09 |
|
411.85 |
|
| Time to Restrict Your Loss? | You can opt to keep your bet open or close it, i.e. close your spread bet and restrict your losses. In this case you decide to close your trade by buying the market at 411.85p. |
| Your Profits/Losses = | (Initial Price - Closing Price) x stake |
| (398.92p - 411.85p) x £10 per penny |
| -12.93p x £10 per penny |
| Your Profits/Losses = | -£129.30 loss |
- Standard Life market notes: example pricing as per 13 February 2015
- Investors can also choose to spread bet on Standard Life in euros/penny and dollars/penny
Where Can I Practice Financial Spread Betting on Standard Life?
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 Standard Life.
The Financial Spreads Demo Account offers access to a wide array of markets including stocks and shares, indices, commodity markets and FX rates.
Open a Free Demo Account
More on Standard Life plc (SL)
A common ticker code for Standard Life is 'SL' however 'SL.L' and 'LON:SL' 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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