Spread betting markets on World Shares may also be available through other companies. Notes.
2)Where can I find Live Spread Betting Prices for the Australia and New Zealand Banking Group Market?
For Australian Shares spread bets please see the above tables. Where a company offers the relevant market they will also provide clients with live prices on that market.
3) Where can I find Live Charts / Candlestick Charts for the Australia and New Zealand Banking Group Market?
Spread betting companies often offer a variety of free data to their clients (accounts are subject to status, terms and conditions).
The most popular Australian Shares data, apart from live prices, tends to be the candlestick charts. The time period of the charts can usually be varied. You can often alter the candlestick charts to show market movements in the order of 1 minute, 2 minutes, 5 minutes, 10minutes, 1 hour, 1 day or 1 week periods.
With a number of the charts you can also update the settings to help your technical analysis. For example you can add Bollinger Bands and 20, 50 and 100 point Moving Averages and Australian Shares candlestick charts are currently available with:
Trading Charts?
Spread betting charts may also be available from other companies. Notes.
Sample Australian Shares Chart from Financial Spreads:
4) How do you Spread Bet on the Australia and New Zealand Banking Group Market to Go Up?
Australia and New Zealand Banking Group Trading Example
If you are going to spread trade on Australian shares like Australia and New Zealand Banking Group then, looking at a spread trading website like Financial Spreads, you would currently find a spread trading price of A$22.15 - A$22.22.
This means you can spread trade on Australia and New Zealand Banking Group shares to move above A$22.22 or below A$22.15.
When spread betting, investors trade on every unit the market goes up or down. Specifically, for the Australia and New Zealand Banking Group market a unit is A$0.01 of the share's price movement.
Accordingly, you could decide to trade £2 for every cent that the Australia and New Zealand Banking Group share price goes up or down.
Spread Betting on the Market to Rise
If you were to buy Australia and New Zealand Banking Group at A$22.22 and the shares rose then the spread might become A$22.72 - A$22.79. In that case, you might choose to close your trade for a profit by selling at A$22.72.
Profit/Loss = (final price of the market - opening value of the market) x stake per cent
Profit/Loss = (A$22.72 - A$22.22) x £2 per cent stake
Profit/Loss = A$0.50 x £2 per cent
Profit/Loss = £100 profit
Financial markets also move down, if the market had decreased to, for example, A$21.75 - A$21.82, you might decide to close your spread bet to restrict your losses. If that were to happen, you would sell the market at A$21.75.
You would close your bet with the same £2 per cent stake:
Profit/Loss = (final price of the market - opening value of the market) x stake per cent
Profit/Loss = (A$21.75 - A$22.22) x £2 per cent stake
Profit/Loss = -A$0.47 x £2 per cent
Profit/Loss = -£94 loss
5) How do you Spread Bet on the Australia and New Zealand Banking Group Market to Go Down?
A key benefit of spread betting is that you can sell the markets.
At the start of the example, the price was A$22.15 - A$22.22.
If you were to sell Australia and New Zealand Banking Group at A$22.15 and the shares decreased then the market might be re-priced at A$21.63 - A$21.70. Therefore, you could decide to take your profits by closing your spread bet at A$21.70.
Profit/Loss = (opening value of the market - final price of the market) x stake per cent
Profit/Loss = (A$22.15 - A$21.70) x £2 per cent stake
Profit/Loss = A$0.45 x £2 per cent
Profit/Loss = £90 profit
The markets can of course rise, if the market increased to, as an example, A$22.50 - A$22.57, you could choose to close your spread bet to limit your losses. If this were the case, you would buy back at A$22.57.
So, with the same £2 per cent stake:
Profit/Loss = (opening value of the market - final price of the market) x stake per cent
Profit/Loss = (A$22.15 - A$22.57) x £2 per cent stake
Profit/Loss = -A$0.42 x £2 per cent
Profit/Loss = -£84 loss
Australia and New Zealand Banking Group Rolling Daily spread betting market taken as of 28-Jan-10.
6) Where can I find more on Spread Betting on Shares?
Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
'Australia and New Zealand Banking Group Spread Betting', Guide by D. Jones, last update: 2-Mar-12
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