Spread Betting on JP Morgan

Where to Spread Bet on JP Morgan

Shares Spread Betting
Shares Spread Betting
Shares (min stake)	£1	£1	£1	£1	£0.50	£0.50	£1

US Stock Market News and Analysis

• Daily US Shares News
• Daily Stock Market Spread Betting News
• Daily Stock Market Data
• Daily Dow Jones Spread Betting Analysis
• Daily S+P 500 Spread Betting Analysis
• Daily Nasdaq Spread Betting Analysis

JP Morgan Spread Betting Prices and Charts

• Financial Spreads
• IG Index
• Capital Spreads
• InterTrader

How to Financial Spread Bet on JP Morgan

The Spread Betting Market	JP Morgan Rolling Daily
Quote (The Spread)	$33.53 - $33.60
This Means That	Now you can speculate on the JP Morgan Rolling Daily market going:   Higher than $33.60, or   Lower than $33.53 This spread betting market is a Rolling Daily market which means that there is no final closing date. If you decide not to close your trade and the session ends then your trade will roll over into the next session. If a trade does roll over then you will either be credited or charged for overnight financing depending on whether you are betting on the market to move higher or lower. For more information also see Rolling Spread Bets.
Points (Units) Traded	Financial spread bets on the JP Morgan market are made in £x per cent. Where a cent is $0.01 of the share's price movement. E.g. if JP Morgan moves 40¢ ($0.40) then you would win/lose 40 multiples of your stake.
Stake Size	You work out what to risk per cent, e.g. £1 per cent, £3 per cent, £15 per cent etc.
Quick Staking Exercise	If your stake is £3 per cent and JP Morgan moves by $0.24 (24¢), you would lose or gain £3 per cent x 24¢ = £72.

Spread Betting Example | Buying JP Morgan

You Decide Whether to Buy or Sell	JP Morgan to go:   Higher than $33.60? or   Lower than $33.53?
You Might Decide to Go Long	Higher than $33.60
You Select How Much to Risk, Selecting	£2 per cent
So What Happens Now?	You will win £2 for every cent ($0.01) JP Morgan moves higher than $33.60 You will lose £2 for each cent ($0.01) JP Morgan moves below $33.60
If You Are Speculating on a Market to Go Up Your Profits/Losses =	(Settlement Price - Opening Price) x stake per cent
Example 1	JP Morgan rises and the financial spread betting market is revised and is set at $34.27 - $34.34.
Time to Lock in Your Profit?	You may choose to leave your trade open or close it, i.e. close your position for a profit. In this case you opt to close your trade by selling the market at $34.27.
Your Profits/Losses =	(Settlement Price - Opening Price) x stake per cent
	($34.27 - $33.60) x £2 per cent
	$0.67 x £2 per cent
	67¢ x £2 per cent
Your Profits/Losses =	£134 profit
Example 2	JP Morgan drops and the spread betting market is revised and set at $33.01 - $33.08.
Limit Your Loss?	At this point, you can choose to leave your trade open or close it and limit your loss. In this instance you opt to close your trade and sell at $33.01.
Your Profits/Losses =	(Settlement Price - Opening Price) x stake per cent
	($33.01 - $33.60) x £2 per cent
	-$0.59 x £2 per cent
	-59¢ x £2 per cent
Your Profits/Losses =	-£118 loss

Fully Worked Spread Trading Example | Taking a Short Position on JP Morgan

You Now Decide Whether to Go Long or Short	JP Morgan to push:   Higher than $33.60? or   Lower than $33.53?
You Might Choose to Go Short	Lower than $33.53
You Decide Your Stake, Let's Say You Opt For	£3 per cent
What Happens Next?	You will lose £3 for each cent ($0.01) JP Morgan increases higher than $33.53 You will win £3 for each cent ($0.01) JP Morgan falls below $33.53
When You Sell a Market Your Profits/Losses =	(Opening Price - Settlement Price) x stake per cent
Example 3	JP Morgan moves lower and the spread betting market adjusts and moves to $33.11 - $33.18.
Close and Take a Profit?	At this point, you may choose to keep your bet open or close it to take your profit. In this example you opt to close your bet by buying the market at $33.18.
Your Profits/Losses =	(Opening Price - Settlement Price) x stake per cent
	($33.53 - $33.18) x £3 per cent
	$0.35 x £3 per cent
	35¢ x £3 per cent
Your Profits/Losses =	£105 profit
Example 4	JP Morgan increases and the spread trading market is revised and moved to $33.77 - $33.84.
Close and Restrict the Loss?	At this point, you can choose to keep your spread bet open or close it, i.e. close your trade and restrict your loss. For this example, you choose to settle your bet by buying at $33.84.
Your Profits/Losses =	(Opening Price - Settlement Price) x stake per cent
	($33.53 - $33.84) x £3 per cent
	-$0.31 x £3 per cent
	-31¢ x £3 per cent
Your Profits/Losses =	-£93 loss

JP Morgan Notes:

• Financial spread trading prices obtained from Capital Spreads, 9 November 2011
  
  
• You could also trade on JP Morgan in euros per cent and dollars per cent
  
  
• With spread trading you can also trade on a wide range of other assets, please also see:
  
  
  • Financial Spread Betting on Stock Markets
  • Foreign Exchange Spread Betting
  • Commodity Market Financial Spread Betting

Demo Accounts for Spread Betting on JP Morgan

• Financial Spreads
• Capital Spreads
• InterTrader

Spread Betting on Shares