Spread Betting on Weir Group Shares (WEIR.L)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Weir Group?

Financial Spreads offers investors a wide variety of shares spread betting and CFD markets such as Weir Group, Rio Tinto, Coca Cola and E.On, along with a broad selection of other UK, US and global equities.

Where Can I Access Live Prices for the Weir Group Market?

A FinancialSpreads account offers investors real time prices on more than 1,000 CFD and financial spread betting markets including Weir Group and a wide array of other stocks, foreign exchange, stock market indices and commodities markets.

Where Can I Get Live Weir Group Charts?

Using a Financial Spreads account investors have access to real-time trading charts for Weir Group and over a thousand other spread betting and CFD markets.

Along with multiple chart types, the charting package has a large range of features. These include:
Example FinancialSpreads share candlestick chart:

Shares Spread Betting Charts



A Guide to Spread Trading on Weir Group

Let's say that you go on the FinancialSpreads site and see:

  Weir Group Rolling Cash Sell

1890.7
Buy

1896.3


Here is an example of how it works:

Spread Betting Market:Weir Group Rolling Cash
Spread:1890.7p - 1896.3p
This Means That:You can take a position on the Weir Group Rolling Cash market to go:

  Spread Betting Higher than 1896.3p, or
  Spread Betting Lower than 1890.7p

This spread betting market is a 'Rolling' market meaning that it does not have a final closing date. If you decide not to close your position and the trading session ends then your position will roll over into the next session.

If a trade rolls 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 decrease or increase. For additional details also see Rolling Spread Betting.
Units Traded:Trades on the Weir Group market are made in £x per penny price movement.

E.g. if Weir Group moves by 35p then you would win / lose 35 multiples of your stake.
Trade Size:You work out how much you want to trade per penny, e.g. £1 per penny, £5 per penny, £15 per penny etc.
Quick Staking Exercise:If you chose a stake of £3 per penny and Weir Group changes by 32p, you would win/lose £3 per penny x 32p = £96.


Worked Example - Going Long of Weir Group

Financial spread trading on the equity to move higher

You Now Decide to Go Long or Short: Weir Group moving:

  Spread Betting Higher than 1896.3p? or
  Spread Betting Lower than 1890.7p?

Let's Assume You Buy:   Spread Betting Higher than 1896.3p
You Decide Your Stake, Choosing: £3 per penny
So What Happens Now?
  • You will win £3 for every penny Weir Group increases above 1896.3p
  • You will lose £3 for each penny Weir Group pushes lower than 1896.3p
If You Are Speculating on a Market to Rise Your Profits (or Losses) = (Settlement Price - Initial Price) x stake
 
Trading Situation 1
Weir Group pushes higher and the spread betting market is adjusted and moved to 1949.4p - 1955.0p:   1949.4   1955.0
Time to Take a Profit? At this point, you may choose to leave your bet open or close it, i.e. close your spread bet for a profit. For this example, you choose to close your trade and sell at 1949.4p.
Your Profits (or Losses) = (Settlement Price - Initial Price) x stake
(1949.4p - 1896.3p) x £3 per penny
53.1p x £3 per penny
Your Profits (or Losses) = £159.30 profit
 
Trading Situation 2
Weir Group decreases and the financial spread betting market is revised and is set at 1848.9p - 1854.5p. Therefore you would see:   1848.9   1854.5
Time to Restrict Your Loss? At this point, you may decide to let your trade run or close it, i.e. close your trade and restrict your loss. In this case you choose to settle your trade by selling the market at 1848.9p.
Your Profits (or Losses) = (Settlement Price - Initial Price) x stake
(1848.9p - 1896.3p) x £3 per penny
-47.4p x £3 per penny
Your Profits (or Losses) = -£142.20 loss


Worked Spread Trading Example - Taking a Bearish View of Weir Group

Spread betting on the equity to decrease

You Now Choose to Go Long or Short: Weir Group going:

  Spread Betting Higher than 1896.3p? or
  Spread Betting Lower than 1890.7p?

Let's Say You Want to Sell:   Spread Betting Lower than 1890.7p
You Select How Much to Risk, Opting for: £2 per penny
So What Now?
  • You will lose £2 for each penny Weir Group increases higher than 1890.7p
  • You will win £2 for each penny Weir Group moves below 1890.7p
When Speculating on a Market to Decrease Your Profits (or Losses) = (Initial Price - Settlement Price) x stake
 
Trading Situation 3
Weir Group drops and the market adjusts and moves to 1819.5p - 1825.1p, so you'd see:   1819.5   1825.1
Time to Take Your Profit? You can decide to leave your spread bet open or close it to lock in your profit. In this example you decide to settle your position and buy the market at 1825.1p.
Your Profits (or Losses) = (Initial Price - Settlement Price) x stake
(1890.7p - 1825.1p) x £2 per penny
65.6p x £2 per penny
Your Profits (or Losses) = £131.20 profit
 
Trading Situation 4
Weir Group increases and the spread trading market is revised and moved to 1943.7p - 1949.3p. I.e.   1943.7   1949.3
Restrict Your Loss?You could choose to leave your spread bet open or close it, i.e. close your position to restrict your loss. In this case you choose to settle your position and buy at 1949.3p.
Your Profits (or Losses) = (Initial Price - Settlement Price) x stake
(1890.7p - 1949.3p) x £2 per penny
-58.6p x £2 per penny
Your Profits (or Losses) = -£117.20 loss

Where Can I Practice Financial Spread Betting on Weir Group?

Financial Spreads offer a Demo Account that allows you to practice with trading orders, try out new ideas, try out CFD trading and spread betting and analyse real-time charts on markets including Weir Group.

The Demo Account isn't limited to a small selection of markets; traders can try trading on a range of FX pairs, commodities, stocks and index markets.

Open a Free Demo Account


More on Weir Group plc (WEIR)



A common ticker code for Weir Group is 'WEIR' however 'WEIR.L' and 'LON:WEIR' 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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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.