Spread Betting Commodities - Futures

Take advantage of price fluctuations on the most popular commercial markets, including markets for metals, energy and consumer goods. The low margin requirements and narrow spreads allowed to enter these markets without any additional fees.

CONTRACT SPECIFICATION Spread Betting Commodities - Futures


Coefficient of movement = price markup on the price, which represents 1 single operating unit, which is calculated on the basis of the balance of profit and loss (P & L), the original and the variational margin. For nevalyutnyh CFD Notional value of your transaction = Base Price * Number of CFD / ratio price movements.

Minimum / maximum size of the transaction

The maximum size varies depending on the base of liquidity, market conditions and the classified whether core market by GFT Global Markets as the market for non-working time ", ie outside of normal trading hours.

Reports on the market indicate the usual minimum and maximum dimensions in GBP (British Pounds); currency equivalents apply in relation to the accounts are not in GBP or in relation to trade in markets, where the main currency is not GBP.

Restrictions in relation to the maximum size applicable at the opening, and at the close of the transaction.

Minimum number of CFD (or "size") for the markets to GFT Global Markets is 100 for individual securities and 1 CFD for all other markets. For your information as an example of the minimum size of market transactions specified lot size of a framework market.

Trading with CFD is always with the "base" currency market base. That is, if you sell the U.S. action, trading is conducted in U.S. dollars at one per cent of the price movement.

Trading Hours

These hours - normal hours, that GFT Global Markets trading in the market may change, such as during holidays and in case of switching to "summer time".

Unless otherwise stated by the hours listed on London time.

Normal working hours - from 22.00 Sunday to 22.00 Friday.

Spreads

These spreads strife, depending on the liquidity of the market base, they also differ on the "fast market".

Spreads, these goods can be added to the market spread of basic market.

Financial corrections

The financial adjustment is carried out in the open positions at 01.00 or after 01.00 Moscow time. The following are examples of transfer rates. In view of futures markets CFD financial adjustments are not implemented.

As long as you hold the position of the night (ie, after 01:00 Moscow time.) Originate corrections to your account. The adjustments are calculated as follows:

f = (s x p x r) / d

where

f = daily fee funding

s = Your bid

p = the closing price determined GFT Global Markets

r = the appropriate rate proposals LIBOR, plus 300 basis points for long positions, or MINUS 300 basis points for short positions

d = number of days, ie 365 for the Index of Great Britain and Australia and 360 for all others

Long trading positions (Long) be debited for the amount of daily fees for funding

Short trading positions (Short) for credit in the amount of daily fees for funding

Spread Betting Individual Equities

With a broad spectrum of our global shares you can buy or sell thousands of shares, not being the owner of the shares. GFT Global Markets offer you software for popular trade contracts for difference (CFD) with limited spread and low initial contributions, so that you have the tools necessary to profit in the increasing or falling markets.

GFT Global Markets offers thousands of CFD for shares in stock exchanges around the world.

CONTRACT SPECIFICATION Spread Betting Individual Equities


Coefficient of movement = price markup on the price, which represents 1 single operating unit, which is calculated on the basis of the balance of profit and loss (P & L), the original and the variational margin. For nevalyutnyh - Relative value of your transaction = Base Price * Number of CFD / ratio price movements.

Spreads

Spread GFT Global Markets is added to the basic market price of its proposal / offer spread and may vary depending on the existing core market liquidity.

Please note that market spreads can vary greatly, especially in the beginning and end of the trading day.

Minimum / maximum size of the transaction

These values - Standard, the maximum size is determined for each stock separately, depending on the source of liquidity and, if the shares of Great Britain, from the «normal market size».

Reports on the market indicate the usual minimum and maximum dimensions in GBP (British Pounds); currency equivalents apply in relation to the accounts are not in GBP or in relation to trade in markets, where the main currency is not GBP.

Restrictions in relation to the maximum size applicable at the opening, and at the close of the transaction.

The minimum percentage of working with GFT Global Markets is £ 1 (pound) (or equivalent currency). The size of the lot corresponding core market is the background and gives an idea of the minimum amount of stock transactions.

Rollover

All rollover, and related financial adjustments are carried out promptly at 22.00 or after 22.00 London time. The process of application of rollover is described in the examples.

On your day of the transaction (ie, after 22:00 London time) is + / - 3%-I financial adjustments to your account immediately after the closing of the stock market. The calculation is performed as follows:

f = (s x p x r) / d

where

f = daily fee funding

s = Your bid

p = the closing price determined GFT Global Markets

r = the appropriate rate proposals LIBOR, plus 300 basis points for long positions, or MINUS 300 basis points for short positions

d = number of days, ie 365 for the Index of Great Britain and Australia and 360 for all others

Long trading positions (Long) be debited for the amount of daily fees for funding

Short trading positions (Short) for credit in the amount of daily fees for funding

Dividends

Below are the current dividend rate adjustments:
Securities UK: Buy credited at 90% gross dividend
Sell debited to 100% of gross dividend
Securities USA: Buy credited at 85% gross dividend
Sell debited to 100% of gross dividend
Securities Australia: Buy credited at 70% gross dividend
Sell debited to 100% of gross dividend
Securities of euro area and the other, not the UK: Buy - sizes vary from country to country
Sell debited to 100% of gross dividend

Short selling

Short sales may be limited if, for example, the basic act is subject to a lack of liquidity.

Trading Hours

These hours - normal hours, that GFT Global Markets trading in the market may change, such as during holidays and in case of a change in the «summer».

Normal working hours - from 22.00 Sunday to 22.00 Friday.

Spread Betting Terms

The names of the currency pairs for the transactions to Spread Betting ending in "-sb" (EURUSD-sb, GBPUSD-sb, etc.).

Transactions for the purchase of Buy is committed to Ask price closed on the Bid price.
Transactions for the sale takes place on the Sell Bid prices closed down on the Ask price.

When you are trading in CFD, your PL you change the price of one item is equal to the cost of one item. To increase the PL as a multiplier you are using the Volume, ie number of "units" (stocks, barrels, ounces) that you sell or buy.

PL, it is FPL (floating profit / losess) for cfd, it is considered as last_trade price * volume * convert rate.

Accordingly, if you change the price (last trade) then pl change.

When trade SB factor is your bet (bet) on the change in the price of an asset at one point. If you draw an analogy - you bet - this is the number of lots that you buy.

The principle of performance is the same as a CFD. SB is really a type of contract for difference. However, the main difference between the SB and the contract for difference (CFD) is that the price of buying and selling in the markets rather SB includes the spread of GFT Global Markets, as the establishment of any commission. SB includes any commission.

Example 1:

Quote of XYZ is $ 100.00 - $ 100.05. Do you think that XYZ will grow. Do you buy 500 x XYZ.cfd $ 100.05. The price rose to XYZ 100.10-100.15. You sell 500 XYZ.cfd x 100.10.

Your income (excluding commission): 500 * (100.10 - 100.05) = 500 * $ 0.05 = $ 25

You can do the same thing, is not buying SFD, but SB, making a bid (buying) $ 5 per item. You could have bought for 100.05, sold at 100.10, earned 5 points. Your bid is $ 5 per item. Your PL = 5 * $ 5 = $ 25.

Example 2: SB on securities

Quotas set for GFT fluctuations XYZ, is 449,3-455,7.

XYZ tomorrow will announce its results for the second quarter. Assuming that the results are better than expected, you buy, make a bet £ 25. This means that for every penny to which the proposed stock price rises above the mark you will receive a 455.7 £ 25, and every penny to which the price falls, you lose £ 25. (This is equivalent to buying 2500 shares directly to the main market).

Night carryover fund (rollover)

When you hold the position of the evening, your bid «reopens», ie rose, and the next day again was called on the closing price (as determined from GFT), thus the outcome of profits or losses, as well as rolling fund to your account will be shortly after the closure of stock markets.

The calculations are made as follows: f = (sxpxr) / d, where

f = daily cost of financing

s = your bet (£ 25)

p = price of the closure, a GFT Global Markets (456 pence)

r = the corresponding LIBOR rate plus 300 basis points for long positions, or MINUS 300 points for short positions (4.50% +3.00%) = 7,50%

d = number of days (365 for UK shares, 360 for all others)

Long position (buying) deducted the cost of financing.
Short positions (selling) loans to finance the costs.

Thus, the financial outcome will be debited to your account equal to:

(£ 25 x 4.56 x 7.5%) = £ 8.55

«Reopening» was done at the price of 456 pence, so that your bid was closed at around 456 pence, you receive a profit £ 7,50; rate was re-opened at around 456 p.

At 7.00 the next day the results of XYZ actually were better predicted. At 8.30 am shares traded on the 476-477. Price set for GFT fluctuations XYZ, is 475.3 - 477.7.

You decide to take advantage and sell for £ 25 at around 475.3, so you close your bet.

You get profits of $ (475.3 - 456) x your stake £ 25 = £ 482.50. (After admission to the financial results and a profit of «pereotkrytiya», you get a net profit of (482.50 - 8.55 + 7.50) = £ 481.45).

Example 3: SB on metal

June. The prices of gold has recently risen, as speculators inflate them higher and higher. You decide that prices will continue to grow, and check the price of gold at the GFT.

The price of gold 680,0-680,7 GFT.
GFT price of gold is based on the main futures contracts.

You buy at ₤ 20 at around 680.7. And here you have to draw the attention that you put «in 0,1», ie If gold went up from 680.0 to 681.0, then it went up by 10 points, which corresponds to the profit of ₤ 200, with a rate of ₤ 20.

This rate, if it will remain open, will expire (ie, will be automatically closed) on 18 August. However, by early July, the price of gold exceeds ₤ 700, and our price is now 702,5-703,2.

You decide to close some of its positions and sells for ₤ 10 at around 702.5.
This will bring you profit (7025 - 6807) x your stake £ 10 = £ 2180.

You left open the remainder of your rate of ₤ 10 to the end of the market in August. Unfortunately, by that time, intervened suppliers, and the market ended at around 675.5.
With this rate of ₤ 10, you have suffered damages in the amount of (6807 - 6755) x 10 = £ 520.

Total trades:
SB on methodology - ₤ 20
Total income - £ 1660

As a result, the rate of ₤ 20 yielded a return of £ (2180 - 520) = £ 1660.

Key points when trading Spread Betting:

1. With Spread Betting CFD at virtually no difference. Who else likes to trade. In the UK there are nuances in the tax: for the CFD and SB trade may be different ways of declaring income, etc. In this regard, for example, at GFT UK trade SB user opens a separate account.

2. SB is not subject to commission. So what's earnings as a broker? The wide spread. For example at this point in the GFT for IBM.cfd quotation 129.98 - 130.00, and the IBM.sb 129.95-130.03

3. Both the CFD and Spread Betting - odinnakovy set of tools.