Spread betting markets on European Shares may also be available through other companies. Notes.
2)Where can I find Live Spread Betting Prices for the TGS-NOPEC Market?
For Norwegian 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 TGS-NOPEC 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 Norwegian 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 Norwegian Shares candlestick charts are currently available with:
Trading Charts?
Spread betting charts may also be available from other companies. Notes.
Sample Norwegian Shares Chart from Financial Spreads:
4) How do you Spread Bet on the TGS-NOPEC Market to Go Up?
TGS-NOPEC Spread Betting Example
If you are going to spread trade on Norwegian shares such as TGS-NOPEC then, on visiting a spread betting website such as Capital Spreads, you might find a spread trading price of 114.6 NOK - 115.3 NOK.
That means you can spread trade on TGS-NOPEC shares to go higher than 115.3 NOK or to go lower than 114.6 NOK.
When spread betting, you trade on every unit the market goes up or down. In the case of the TGS-NOPEC market a unit is 1 Norwegian Krone of the share's price movement.
As an example, you could decide to bet £15 for every Krone that the TGS-NOPEC share price goes up or down.
Buying - Spread Betting on the Market to Rise
If you bought TGS-NOPEC at 115.3 NOK and the shares increased then the spread could change to 121.1 NOK - 121.8 NOK. If this were the case, you could close your trade at 121.1 NOK.
Your Profits (or Losses) = (closing level of the market - opening level of the market) x stake per Krone
Your Profits (or Losses) = (121.1 NOK - 115.3 NOK) x £15 per Krone stake
Your Profits (or Losses) = 5.8 NOK x £15 per Krone
Your Profits (or Losses) = £87.00 profit
The markets can of course fall, if the market were to drop down to, as an example, 110.1 NOK - 110.8 NOK, you could choose to close your bet to prevent further losses. If that happened, you would sell the market at 110.1 NOK.
You would do this with the same £15 per Krone stake:
Your Profits (or Losses) = (closing level of the market - opening level of the market) x stake per Krone
Your Profits (or Losses) = (110.1 NOK - 115.3 NOK) x £15 per Krone stake
Your Profits (or Losses) = -5.2 NOK x £15 per Krone
Your Profits (or Losses) = -£78.00 loss
5) How do you Spread Bet on the TGS-NOPEC Market to Go Down?
A major benefit of placing a spread bet is that you can short the markets.
When we started this example, the spread was 114.6 NOK - 115.3 NOK.
If you were to sell TGS-NOPEC at 114.6 NOK and the shares fell then the spread could move to 107.9 NOK - 108.6 NOK. If that were to happen, you could close your trade for a profit by buying at 108.6 NOK.
Your Profits (or Losses) = (opening level of the market - closing level of the market) x stake per Krone
Your Profits (or Losses) = (114.6 NOK - 108.6 NOK) x £15 per Krone stake
Your Profits (or Losses) = 6.0 NOK x £15 per Krone
Your Profits (or Losses) = £90.00 profit
Financial markets also move up, if the market had increased to, for example, 119.3 NOK - 120.0 NOK, you might want to close your spread bet to prevent further losses. If so, you would buy your spread bet at 120.0 NOK.
Therefore, with the same £15 per Krone stake:
Your Profits (or Losses) = (opening level of the market - closing level of the market) x stake per Krone
Your Profits (or Losses) = (114.6 NOK - 120.0 NOK) x £15 per Krone stake
Your Profits (or Losses) = -5.4 NOK x £15 per Krone
Your Profits (or Losses) = -£81.00 loss
TGS-NOPEC Rolling Daily prices taken as of 15-Nov-10.
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.
'TGS-NOPEC Spread Betting', Guide by D. Jones, last update: 28-Mar-12
Related articles:
Norwegian Shares Spread Betting, 15-May-12,
Norwegian Shares Spread Betting guide, a spread betting guide to speculating on Norwegian shares covering worked examples, where to find Norwegian equities charts, where to spread bet and...see: Norwegian Shares Spread Betting
Yara International Spread Betting, 28-Mar-12,
Yara International Spread Betting guide. Your Yara International Spread Trading questions answered: where to find free Yara International charts, real time prices, how to trade and......see: Yara International Spread Betting
Tomra Systems Spread Betting, 28-Mar-12,
Tomra Systems Spread Betting guide. Your Tomra Systems Spread Trading questions answered: where to find free Tomra Systems charts, real time prices, how to trade and......see: Tomra Systems Spread Betting
TGS-NOPEC Spread Betting, 28-Mar-12,
TGS-NOPEC Spread Betting guide. Your TGS-NOPEC Spread Trading questions answered: where to find free TGS-NOPEC charts, real time prices, how to trade and......see: TGS-NOPEC Spread Betting
Telenor Spread Betting, 28-Mar-12,
Telenor Spread Betting guide. Your Telenor Spread Trading questions answered: where to find free Telenor charts, real time prices, how to trade and......see: Telenor Spread Betting
Subsea 7 Spread Betting, 28-Mar-12,
Subsea 7 Spread Betting guide. Your Subsea 7 Spread Trading questions answered: where to find free Subsea 7 charts, real time prices, how to trade and......see: Subsea 7 Spread Betting
Storebrand Spread Betting, 28-Mar-12,
Storebrand Spread Betting guide. Your Storebrand Spread Trading questions answered: where to find free Storebrand charts, real time prices, how to trade and......see: Storebrand Spread Betting
Stolt-Nielsen Spread Betting, 28-Mar-12,
Stolt-Nielsen Spread Betting guide. Your Stolt-Nielsen Spread Trading questions answered: where to find free Stolt-Nielsen charts, real time prices, how to trade and......see: Stolt-Nielsen Spread Betting
Statoil Spread Betting, 28-Mar-12,
Statoil Spread Betting guide. Your Statoil Spread Trading questions answered: where to find free Statoil charts, real time prices, how to trade and......see: Statoil Spread Betting
Schibsted Spread Betting, 28-Mar-12,
Schibsted Spread Betting guide. Your Schibsted Spread Trading questions answered: where to find free Schibsted charts, real time prices, how to trade and......see: Schibsted Spread Betting
ProSafe Spread Betting, 2-Apr-12,
ProSafe Spread Betting guide. Your ProSafe Spread Trading questions answered: where to find free ProSafe charts, real time prices, how to trade and......see: ProSafe Spread Betting
Orkla Spread Betting, 2-Apr-12,
Orkla Spread Betting guide. Your Orkla Spread Trading questions answered: where to find free Orkla charts, real time prices, how to trade and......see: Orkla Spread Betting
Norsk Hydro Spread Betting, 2-Apr-12,
Norsk Hydro Spread Betting guide. Your Norsk Hydro Spread Trading questions answered: where to find free Norsk Hydro charts, real time prices, how to trade and......see: Norsk Hydro Spread Betting
Frontline Spread Betting, 2-Apr-12,
Frontline Spread Betting guide. Your Frontline Spread Trading questions answered: where to find free Frontline charts, real time prices, how to trade and......see: Frontline Spread Betting
Fred Olsen Energy Spread Betting, 2-Apr-12,
Fred Olsen Energy Spread Betting guide. Your Fred Olsen Energy Spread Trading questions answered: where to find free Fred Olsen Energy charts, real time prices, how to trade and......see: Fred Olsen Energy Spread Betting
DNO Spread Betting, 2-Apr-12,
DNO Spread Betting guide. Your DNO Spread Trading questions answered: where to find free DNO charts, real time prices, how to trade and......see: DNO Spread Betting
DNB NOR Spread Betting, 2-Apr-12,
DNB NOR Spread Betting guide. Your DNB NOR Spread Trading questions answered: where to find free DNB NOR charts, real time prices, how to trade and......see: DNB NOR Spread Betting
Aker Solutions Spread Betting, 2-Apr-12,
Aker Solutions Spread Betting guide. Your Aker Solutions Spread Trading questions answered: where to find free Aker Solutions charts, real time prices, how to trade and......see: Aker Solutions Spread Betting
Looking to improve your trading results? Get free trading tips and trading analysis as well as the latest trading offers »
Trading News.
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.
