A /
B /
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F /
G /
H /
I /
J /
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N /
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Z
Majors
Refers to the most active and widely traded currency pairs eg EUR / USD, USD / JPY, GBP / EUR.
Make-up
See Expiry Price.
Margin
The deposit or available credit needed on your account in order to start / maintain your positions open.
Margin Calculation
Margin is often calculated as £ / point x (Stop Loss + Initial Spread) eg a spread bettor buys £10 per point of Vodafone Futures with a stop loss of 50 points. The Margin Required = £10 x (50+6) = £560. ie spread bettor would need £560 on deposit or in available credit to place this bet.
Margin Call or Margining
The practice by which an Operator can request that you deposit further funds to run a larger or loss making position.
Mark to Market
The value adjustment of an asset or liability to reflect the current market price, in spread betting this occurs in real time.
Market Capitalisation
The market value of a company. The total number of shares in issue multiplied by the share price. Often abbreviated to 'Market Cap'.
Market Gap
A term used when the price of a market rapidly increases or decreases in a direction away from its last price range, see 'Gap'.
Market Maker
Exchange registered companies that quote a two-way spread in relation to securities.
Market on Close Order
A specific order to open or close a position at the price that a market closes, but is not guaranteed.
Market on Open Order
A specific order to open or close a position at the price that a market opens, but is not guaranteed.
Market Order
An order to have a position opened or closed when the underlying market trades at the specified price. Market orders are then filled at the current market price. Also known as a Market Price Order.
MATIF
March Terme International de France (Paris futures market).
Maturity Date
The date and time at which a bet expires.
Maximum Trade size
The maximum stake that can be placed at any point in time.
Merger
When two companies combine in order to form one entity in all respects.
Metals
Commodities relating to the Metals and Precious Metals eg Gold, Silver and Copper.
Mid Price
The price half-way between the buy and sell prices.
Minimum Size / Minimum Stake
The minimum bet size or stake per point in a particular market. Most spread betting companies offer a minimum bet size of £1 per point (or currency equivalent).
Minors
Refers to less active and less liquid currency pairs which are less popular than the Majors and more popular than Exotics. Eg GBP / CAD, AUD / JPY, USD / DKK, USD / NOR.
£1 per point: Start trading £1 per point/tick & an initial deposit of £30
Multiple markets: Forex , Commodities, Indices & Equities
Risk Warning - Spread betting carries a high level of risk to your capital & you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary & make sure spread betting meets your investment objectives.
(1) The FTSE Rolling Daily Spread is 1 tick during market hours & 4 ticks out of hours. 1 Tick is defined as a full FTSE point. See our Product Information for more details. (2) The above information is correct at time of writing. (3) Tax Law can change.
FinancialSpreads.com is a trading name of London Capital Group Ltd which is authorised & regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW. All information correct at time of publication.
Risk Warning:
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.
Disclaimer:
Online-Spread-Betting.com does not endorse the information and
analysis available on this site. It is provided purely for information
purposes and is delivered as a personal view of the writer. Under no circumstances
is the information hereon to be used or considered as, an offer to sell, or a
solicitation of any offer to buy. The website content does not constitute investment
advice and neither the individual contributor nor Online-Spread-Betting.com accepts any
responsibility for any use that may be made of the content.
* Tax Free Trading:
Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.
