National Healthcare Corp (NHC.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade National HealthCare Corporation (Ticker – NHC.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 74.39 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument National Healthcare Corp (NHC.A)
Margin Requirement 20%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for National Healthcare Corp listed on AMEX in USD and you feel NHC.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 74 USD**
Trade Status Open long trade
Trade size £50.00 a point ***
Margin required 20%
Margin deposited  £743.90

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  NHC.A on American Stock Exchange has moved up 8% to a new price of 80. National Healthcare Corp has moved up 6 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 80
Trade Status Close trade
Percent move 6 points
Percent in points 6 points
Trade size £50.00 a point
Profit or loss  £297.56

Profit and loss calculation

The profit is calculated = £50.00 (your stake)  x  + 6 points (closing price – opening price)

Profit
£50.00 (your stake)  x  + 6 = + £297.56

The loss – If instead National Healthcare Corp (NHC.A) moved down 8% to a new price of 68.44, the loss would be calculated for NHC.A on a downmovement of – 6 points – old price – new price. The loss would have been

Loss
£50.00 (your stake)  x  – 6 = – £297.56

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (20% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in National HealthCare Corporation NHC.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (20%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded National Healthcare Corp at £50.00 (your stake) a point. The price of NHC.A on American Stock Exchange is 74.39. If we multiply the stake by the price ( 74.39) we get the full value of the asset you are holding(£3,719.50), which could also be the potential loss of the trade, given no stoploss is placed.

£50.00 (your stake) x 74.39 = £3,719.50(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 20% on NHC.A .

For egsample, in our trade above we put down a deposit of £743.90 (20% of the full value £3,719.50 ) and gained £297.56 . The reward made was 40% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£297.56 (profit)  /  £743.90(deposit)   = 40% (return)

If instead you were buying the asset (National Healthcare Corp (NHC.A)) not leveraged on the American Stock Exchange, your reward would have been 8% (£297.56 / £3,719.50)

Buying the asset non leveraged
£297.56 profit  /  £3,719.50 (cost to buy NHC.A ) = 8% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in National Healthcare Corp over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in National HealthCare Corporation, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

National Healthcare Corp (NHC.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

National Healthcare Corp (NHC.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker NHC.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

National Healthcare Corp (NHC.A), NHC.A , is quoted in spread betting as 74 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

National Healthcare Corp Address

National Healthcare Corp

100 E Vine St
MURFREESBORO   TN   37130-3734
P: +1615.8902020
F: +1615.8900123

Company Web Links

National Healthcare Corp Profile

National HealthCare Corporation (NHC), incorporated on September 26, 1997, is principally engaged in the operation of skilled nursing facilities, assisted living facilities, independent living facilities and homecare programs. The Company is engaged in the post-acute healthcare industry segment. Its business activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer’s care, senior living services and home healthcare services. It has a non-controlling ownership interest in a hospice care business that services NHC owned healthcare centers and others. In addition, it provides management services, accounting and financial services, as well as insurance services to third-party operators of healthcare facilities. As of December 31, 2016, it owned the real estate of 13 healthcare properties and leased these properties to third party operators. As of December 31, 2016, it operated in 10 states, and its owned and leased properties are located in the Southeastern, Northeastern and Midwestern parts of the United States.

The Company holds non-controlling ownership interest in Caris Healthcare, LP (Caris), a business that specializes in hospice care services in NHC owned healthcare centers and in other settings. As of December 31, 2016, Caris provided hospice care to over 1,000 patients per day in 28 locations in Georgia, Missouri, South Carolina, Tennessee and Virginia.

As December 31, 2016, the Company operated or managed 74 skilled nursing facilities with a total of 9,398 licensed beds. As December 31, 2016, these numbers included 68 facilities with 8,662 beds that the Company leased or owned and six facilities with 736 beds that the Company managed for others. As December 31, 2016, of the 68 leased or owned facilities, 39 of the facilities are leased and 29 of the facilities are owned. As December 31, 2016, of the 39 leased facilities, 35 are leased from National Health Investors, Inc. (NHI). As December 31, 2016, the Company’s 21 assisted living facilities (nine leased, 11 owned, and one managed) had 1,015 units (991 units leased or owned and 24 units managed). As December 31, 2016, the Company’s five independent living facilities (three leased, one owned, and one managed) had 475 retirement apartments (338 apartments leased or owned and 137 apartments managed). The Company also operates specialized care units within certain of its healthcare centers, such as Alzheimer’s disease care units and sub-acute nursing units.

Skilled Nursing Facilities

The Company’s skilled nursing facilities have medical professionals providing medical services prescribed by physicians. Registered nurses, licensed practical nurses and certified nursing assistants provide individualized nursing care around the clock. In addition, its facilities provide licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services. As of December 31, 2016, the Company managed six facilities for third-party owners.

Rehabilitative Services

The Company provides therapy services through Professional Health Services, a subsidiary of NHC. The Company’s licensed therapists provide physical, speech, respiratory and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries or disabilities. The Company provides its rehabilitative services for patients in its owned and managed skilled nursing facilities. As of December 31, 2016, the Company also provided services to over 81 additional healthcare providers.

Medical Specialty Units

The Company’s skilled nursing facilities participate in the Medicare program. The Company offers a range of center-specific medical specialty units, such as its memory care units and subacute nursing units. The Company provides specialized care and programs for persons with Alzheimer’s or related disorders within its various skilled nursing facilities. The Company also develops individualized patient care plans to target appropriate medical and functional planning objectives.

Assisted Living Facilities

The Company’s assisted living facilities are engaged in providing personal care services and assistance with general activities of daily living, such as dressing, bathing, meal preparation and medication management. As of December 31, 2016, the Company owned or leased 20 assisted living facilities and managed one assisted living facility. As of December 31, 2016, of these 21 centers, 14 are located within the physical structure of a skilled nursing facility or retirement center and seven are freestanding.

Independent Living Facilities

As of December 31, 2016, the Company’s four owned or leased and one managed independent living facilities offered specially designed residential units for the active and ambulatory elderly and provided various ancillary services for its residents, including restaurants, activity rooms and social areas. As of December 31, 2016, the Company had developed independent living centers adjacent to its nursing facilities with an initial construction of 40 to 80 units. As of December 31, 2016, the Company owned one retirement center, which is a continuing care community.

Homecare Programs

The Company’s home healthcare programs assist those wishing to stay at home or in assisted living residences but still require some degree of medical care or assistance with daily activities. Registered and licensed practical nurses and therapy professionals provide skilled services, such as infusion therapy, wound care and physical, occupational and speech therapies. Home health aides may assist with daily activities, such as assistance with walking and getting in and out of bed, personal hygiene, medication assistance and light housekeeping. As of December 31, 2016, NHC operated 36 homecare licensed and Medicare offices in four states (Tennessee, South Carolina, Missouri and Florida).

Pharmacy Operations

As of December 31, 2016, the Company operated four regional pharmacy locations (one each in east Tennessee, central Tennessee, South Carolina, and Missouri). These pharmacies use a central location to supply pharmaceutical services (consulting and medications) and supplies. As December 31, 2016, the Company’s regional pharmacies served 58 owned facilities, six managed facilities, and 13 third-party entities.

Updated prices on reuters: here

Consolidated-Tomoka Land Co (CTO) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade Consolidated Tomoka Land Company (Ticker – CTO) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 55.65 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument Consolidated-Tomoka Land Co (CTO)
Margin Requirement 25%
Long positions Yes
Short positions Yes*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for Consolidated-Tomoka Land Co listed on AMEX in USD and you feel CTO will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 56 USD**
Trade Status Open long trade
Trade size £50.00 a point ***
Margin required 25%
Margin deposited  £695.63

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  CTO on American Stock Exchange has moved up 9% to a new price of 61. Consolidated-Tomoka Land Co has moved up 5 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 61
Trade Status Close trade
Percent move 5 points
Percent in points 5 points
Trade size £50.00 a point
Profit or loss  £250.43

Profit and loss calculation

The profit is calculated = £50.00 (your stake)  x  + 5 points (closing price – opening price)

Profit
£50.00 (your stake)  x  + 5 = + £250.43

The loss – If instead Consolidated-Tomoka Land Co (CTO) moved down 9% to a new price of 50.64, the loss would be calculated for CTO on a downmovement of – 5 points – old price – new price. The loss would have been

Loss
£50.00 (your stake)  x  – 5 = – £250.43

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in Consolidated Tomoka Land Company CTO on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded Consolidated-Tomoka Land Co at £50.00 (your stake) a point. The price of CTO on American Stock Exchange is 55.65. If we multiply the stake by the price ( 55.65) we get the full value of the asset you are holding(£2,782.50), which could also be the potential loss of the trade, given no stoploss is placed.

£50.00 (your stake) x 55.65 = £2,782.50(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on CTO .

For egsample, in our trade above we put down a deposit of £695.63 (25% of the full value £2,782.50 ) and gained £250.43 . The reward made was 36% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£250.43 (profit)  /  £695.63(deposit)   = 36% (return)

If instead you were buying the asset (Consolidated-Tomoka Land Co (CTO)) not leveraged on the American Stock Exchange, your reward would have been 9% (£250.43 / £2,782.50)

Buying the asset non leveraged
£250.43 profit  /  £2,782.50 (cost to buy CTO ) = 9% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in Consolidated-Tomoka Land Co over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in Consolidated Tomoka Land Company, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

Consolidated-Tomoka Land Co (CTO) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

Consolidated-Tomoka Land Co (CTO) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker CTO both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

Consolidated-Tomoka Land Co (CTO), CTO , is quoted in spread betting as 56 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

Consolidated-Tomoka Land Co Address

Consolidated-Tomoka Land Co

1530 Cornerstone Blvd Ste 100
DAYTONA BEACH   FL   32117-7129
P: +1386.2742202
F: +1386.2741223

Company Web Links

Consolidated-Tomoka Land Co Profile

Consolidated-Tomoka Land Co., incorporated on October 17, 1910, is a real estate operating company. The Company owns and manages over 40 commercial real estate properties in approximately 10 states in the United States. The Company’s segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other. The Company also leases property for over 20 billboards; has agricultural operations that are managed by a third-party, which consists of leasing land for hay and sod production, timber harvesting and hunting leases, and owns and manages subsurface interests. The Company owns approximately 30 single-tenant and over eight multi-tenant properties with approximately 1,700,000 square feet of gross leasable space. The Company also owns and manages a land portfolio of over 10,500 acres.

Income Properties

The Company’s income property operations consist of income-producing properties and its business is focused on investing in additional income-producing properties. The Company has approximately four income properties, including two single-tenant income properties, one multi-tenant income property, and a vacant outparcel adjacent to its multi-tenant properties. The Company owns an approximately 450,000 square-foot, Class A single-tenant office complex in Raleigh, North Carolina, which is a three-building property situated on approximately 40 acres. It also holds 245 Riverside Avenue, a five-story, approximately 136,856 square-foot, multi-tenant office building situated on approximately 3.4 acres in Jacksonville, Florida. It also owns approximately 23,330 square-foot property situated on approximately 2.46 acres in Glendale, Arizona.

The Company has self-developed over five of its multi-tenant properties in Daytona Beach, Florida. The first self-developed property is an approximately 22,000 square foot, two-story, building, known as the Concierge Office Building. The other two properties, known as the Mason Commerce Center, consist of two buildings totaling approximately 31,000 square-feet. Two other properties, known as the Williamson Business Park, which are adjacent to the Mason Commerce Center, consist of two buildings totaling approximately 31,000 square-feet.

Commercial Loan Investments

The Company has over four commercial loan investments, including a fixed-rate mezzanine commercial mortgage loan, a fixed-rate first mortgage, a variable-rate B-Note, a variable-rate mezzanine commercial mortgage loan and a variable-rate first mortgage loan. The first mortgage loans in which the Company invests in or originates are for commercial real estate, located in the United States.

Real Estate Operations

The Company’s real estate operations consist of revenues generated from land transactions, and leasing and royalty income from its interests in subsurface oil, gas and mineral rights. The Company owns over 10,500 acres of land in Daytona Beach, Florida, along over six miles of the west and east side of Interstate 95. Approximately 1,400 acres of its land holdings are located on the east side of Interstate 95 and are generally used for commercial development. The remainder of its land holdings is located on the west side of Interstate 95 and is suited for residential development or industrial purposes. Included in the western land is approximately 900 acres, which are located further west of Interstate 95 and a few miles north of Interstate 4, and this land is suited for industrial purposes.

The Company owns full or fractional subsurface oil, gas, and mineral interests in approximately 490,000 surface acres of land owned by others in over 20 counties in Florida. The Company leases its interests to mineral exploration firms for exploration. Its subsurface operations consist of revenue from the leasing of exploration rights and in some instances revenues from royalties applicable to production from the leased acreage.

Golf Operations

The Company’s golf operations segment consists of a single property located in the City of Daytona Beach, with over two 18-hole championship golf courses, a practice facility and clubhouse facilities, including a restaurant and bar operation and pro-shop with retail merchandise. The golf operations segment also includes a fitness facility located within the LPGA International mixed-use residential community on the west side of Interstate 95 in Daytona Beach, Florida. Its revenues generated by its golf operations are derived from members and public customers playing golf, club memberships, and food and beverage operations.

Agriculture and Other Income

The Company’s agriculture and other income consists of revenues generated by its agricultural operations, which encompasses approximately 9,700 acres of land holdings primarily on the west side of Daytona Beach, Florida. The Company’s agricultural operations are managed by a third-party and consist of leasing land for hay production, timber harvesting, as well as hunting leases.

Updated prices on reuters: here

Tompkins Financial Corp (TMP) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade Tompkins Financial Corporation (Ticker – TMP) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 89.3 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument Tompkins Financial Corp (TMP)
Margin Requirement 20%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for Tompkins Financial Corp listed on AMEX in USD and you feel TMP will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 89 USD**
Trade Status Open long trade
Trade size £50.00 a point ***
Margin required 20%
Margin deposited  £893.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  TMP on American Stock Exchange has moved up 8% to a new price of 96. Tompkins Financial Corp has moved up 7 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 96
Trade Status Close trade
Percent move 7 points
Percent in points 7 points
Trade size £50.00 a point
Profit or loss  £357.20

Profit and loss calculation

The profit is calculated = £50.00 (your stake)  x  + 7 points (closing price – opening price)

Profit
£50.00 (your stake)  x  + 7 = + £357.20

The loss – If instead Tompkins Financial Corp (TMP) moved down 8% to a new price of 82.16, the loss would be calculated for TMP on a downmovement of – 7 points – old price – new price. The loss would have been

Loss
£50.00 (your stake)  x  – 7 = – £357.20

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (20% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in Tompkins Financial Corporation TMP on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (20%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded Tompkins Financial Corp at £50.00 (your stake) a point. The price of TMP on American Stock Exchange is 89.3. If we multiply the stake by the price ( 89.3) we get the full value of the asset you are holding(£4,465.00), which could also be the potential loss of the trade, given no stoploss is placed.

£50.00 (your stake) x 89.3 = £4,465.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 20% on TMP .

For egsample, in our trade above we put down a deposit of £893.00 (20% of the full value £4,465.00 ) and gained £357.20 . The reward made was 40% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£357.20 (profit)  /  £893.00(deposit)   = 40% (return)

If instead you were buying the asset (Tompkins Financial Corp (TMP)) not leveraged on the American Stock Exchange, your reward would have been 8% (£357.20 / £4,465.00)

Buying the asset non leveraged
£357.20 profit  /  £4,465.00 (cost to buy TMP ) = 8% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in Tompkins Financial Corp over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in Tompkins Financial Corporation, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

Tompkins Financial Corp (TMP) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

Tompkins Financial Corp (TMP) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker TMP both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

Tompkins Financial Corp (TMP), TMP , is quoted in spread betting as 89 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

Tompkins Financial Corp Address

Tompkins Financial Corp

The Cmns
PO Box 460
ITHACA   NY   14851-0460
P: +1607.2742078

Company Web Links

Tompkins Financial Corp Profile

Tompkins Financial Corporation (Tompkins), incorporated on March 6, 1995, is a financial holding company. The Company is a community-based financial services company that offers an array of products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance. The Company operates through three segments: banking (Banking), insurance (Tompkins Insurance Agencies, Inc.) and wealth management (Tompkins Financial Advisors). Its Banking services consist of attracting deposits from the areas served by the Company’s four banking subsidiaries’ approximately 60 banking offices (over 40 offices in New York and approximately 20 offices in Pennsylvania), and using those deposits to originate a range of commercial loans, agricultural loans, consumer loans, real estate loans, and leases in those same areas. Its Insurance segment consists of property and casualty insurance services and employee benefit consulting operated under the Tompkins Insurance Agencies, Inc. subsidiary.

The Company’s Wealth management activities include the Company’s trust, financial planning, and wealth management services conducted under the trust department of the Trust Company. Its Wealth management services consists of investment management, trust and estate, financial and tax planning as well as life, disability and long-term care insurance services. Tompkins provides a range of financial services to individuals and small business customers. The Company’s subsidiaries include four banking subsidiaries, which include Tompkins Trust Company (the Trust Company), The Bank of Castile (DBA Tompkins Bank of Castile), Mahopac Bank, VIST Bank (DBA Tompkins VIST Bank) and an insurance agency subsidiary, Tompkins Insurance Agencies, Inc. (Tompkins Insurance). The Trust Company provides an array of trust and investment services under the Tompkins Financial Advisors brand, including investment management, trust and estate, financial and tax planning, as well as life, disability and long-term care insurance services. The Company maintains a portfolio of securities, such as obligations of the United States Government agencies and the United States Government sponsored entities, obligations of states and political subdivisions thereof, and equity securities.

Banking

The Company’s Bank segment consist of its four banking subsidiaries, which include Tompkins Trust Company; a commercial bank with approximately 10 banking offices operated in Ithaca, New York and surrounding communities, the Bank of Castile; a commercial bank with over 20 banking offices located in the Genesee Valley region of New York State, as well as Monroe County; Mahopac Bank; a commercial bank with approximately 10 full-service banking offices located in the counties north of New York City; and VIST Bank, a banking organization with over 20 banking offices headquartered and operating in Southeastern Pennsylvania. Banking services consist of attracting deposits from the areas served by the Company’s banking subsidiaries and using those deposits to originate a range of commercial loans, agricultural loans, consumer loans, real estate loans and leases in those same areas.

The Company’s subsidiary banks provide financial services to corporations and other business clients. Lending activities include loans for a range of business purposes, including real estate financing loans, construction loans, equipment financing loans, accounts receivable financing loans and commercial leasing. Other commercial services include deposit and cash management services, letters of credit, sweep accounts, credit cards, purchasing cards, Internet-based account services and remote deposit services. The Company’s subsidiary banks provide a range of retail banking services, including checking accounts, savings accounts, time deposits, individual retirement account (IRA) products, brokerage services, residential mortgage loans, personal loans, home equity loans, credit cards, debit cards and safe deposit services. Retail services are accessible through a range of delivery systems including branch facilities, automated teller machines (ATMs, voice response, mobile banking, Internet banking and remote deposit services.

Insurance

The Company provides property and casualty insurance services and employee benefits consulting through Tompkins Insurance Agencies, Inc, which is a subsidiary of the Company in Batavia, New York. Tompkins Insurance is an independent insurance agency, which provides employee benefit consulting to employers in Western and Central New York and Southeastern Pennsylvania, assisting them with their medical, group life insurance and group disability insurance. Tompkins Insurance, through VIST Financial, offers an array of insurance products in southeastern Pennsylvania. Tompkins Insurance offers services to customers of the Company’s banking subsidiaries by sharing offices with The Bank of Castile, Tompkins Trust Company and VIST Bank. In addition to these shared offices, Tompkins Insurance has approximately five offices in Western New York, an office in Tompkins County, New York and an office in Montgomery County, Pennsylvania.

Wealth Management

The Company’s Wealth Management segment is organized under the Tompkins Financial Advisors brand. Tompkins Financial Advisors offers a range of financial services to customers, including trust and estate services, investment management and financial and insurance planning for individuals, corporate executives, small business owners and high net worth individuals. Tompkins Advisors has offices in each of the Company’s four subsidiary banks. VIST Capital Management, LLC, through Tompkins Financial Advisors brand, offers an assortment of service investment advisory and brokerage services for individual financial planning, investments and corporate and small business pension and retirement planning solutions.

Updated prices on reuters: here

BioTime Inc (BTX.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade BioTime Inc (Ticker – BTX.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 3.36 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument BioTime Inc (BTX.A)
Margin Requirement 25%
Long positions Yes
Short positions Yes*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for BioTime Inc listed on AMEX in USD and you feel BTX.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 336 USD**
Trade Status Open long trade
Trade size £20.00 a point ***
Margin required 25%
Margin deposited  £1,680.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  BTX.A on American Stock Exchange has moved up 4% to a new price of 349. BioTime Inc has moved up 13 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 349
Trade Status Close trade
Percent move 13 points
Percent in points 13 points
Trade size £20.00 a point
Profit or loss  £268.80

Profit and loss calculation

The profit is calculated = £20.00 (your stake)  x  + 13 points (closing price – opening price)

Profit
£20.00 (your stake)  x  + 13 = + £268.80

The loss – If instead BioTime Inc (BTX.A) moved down 4% to a new price of 322.56, the loss would be calculated for BTX.A on a downmovement of – 13 points – old price – new price. The loss would have been

Loss
£20.00 (your stake)  x  – 13 = – £268.80

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in BioTime Inc BTX.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded BioTime Inc at £20.00 (your stake) a point. The price of BTX.A on American Stock Exchange is 3.36. If we multiply the stake by the price ( 3.36) we get the full value of the asset you are holding(£6,720.00), which could also be the potential loss of the trade, given no stoploss is placed.

£20.00 (your stake) x 3.36 = £6,720.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on BTX.A .

For egsample, in our trade above we put down a deposit of £1,680.00 (25% of the full value £6,720.00 ) and gained £268.80 . The reward made was 16% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£268.80 (profit)  /  £1,680.00(deposit)   = 16% (return)

If instead you were buying the asset (BioTime Inc (BTX.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£268.80 / £6,720.00)

Buying the asset non leveraged
£268.80 profit  /  £6,720.00 (cost to buy BTX.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in BioTime Inc over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in BioTime Inc, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

BioTime Inc (BTX.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

BioTime Inc (BTX.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker BTX.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

BioTime Inc (BTX.A), BTX.A , is quoted in spread betting as 336 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

BioTime Inc Address

BioTime Inc

1301 Harbor Bay Pkwy
ALAMEDA   CA   94502-2215
P: +1510.5213390
F: +1510.5213389

Company Web Links

BioTime Inc Profile

BioTime, Inc., incorporated on November 30, 1990, is a clinical-stage biotechnology company. The Company is focused on the field of regenerative medicine, specifically pluripotent stem cell technology. The Company is engaged in the research and development of therapeutic products for oncology, orthopedics, retinal and neurological diseases and disorders, blood and vascular system diseases and disorders, blood plasma volume expansion, diagnostic products for the early detection of cancer, and hydrogel products that may be used in surgery and products for human embryonic stem cell research. Regenerative medicine refers to therapies based on stem cell technology that are designed to rebuild cell and tissue function lost due to degenerative disease or injury. The Company’s pluripotent stem cell technology is complemented by its HyStem technology for the delivery and engraftment of cells, whether derived from pluripotent stem cells or the patient’s own somatic or adult stem cells, at the desired location.

The Company’s therapeutic product candidates in human clinical trials include Renevia, AST-VAC1, OpRegen and AST-OPC1. Its Renevia is a treatment for human immune virus (HIV) related facial lipoatrophy, is in a clinical trial in Europe to assess its efficacy in restoring normal skin contours in patients whose subcutaneous fat, or adipose tissue, has been lost due to antiviral drug treatment for HIV. Renevia consists of its cell-transplantation delivery matrix (HyStem) combined with the patient’s own adipose cells. Its AST-VAC1 is a cancer immunotherapy with Phase II clinical trial data in acute myeloid leukemia (AML). OpRegen is a therapy derived from pluripotent stem cells for the treatment of the dry form of age-related macular degeneration (AMD) is in a Phase I/IIa clinical trial. AST-OPC1 is a therapy derived from pluripotent stem cells, is in a Phase I/II clinical trial for spinal cord injuries. Other therapies derived from pluripotent stem cells that are in pre-clinical development include a bone grafting therapy and treatments for a range of cardiovascular and related ischemic disorders. The Company’s Hextend, is a physiologically balanced blood plasma volume expander used for the treatment of hypovolemia, a condition caused by low blood volume, often due to blood loss during surgery or injury. Hextend maintains circulatory system fluid volume and blood pressure and helps sustain vital organs during surgery. Hextend, approved for use in major surgery, is the blood plasma volume expander that contains lactate, multiple electrolytes, glucose and an approved form of starch called hetastarch.

The Company is conducting a multi-site pivotal clinical study in Spain to assess the efficacy of Renevia as a delivery matrix for adipose cells to restore normal skin contours in patients where the subcutaneous adipose tissue has been lost to HIV related facial lipoatrophy. Premvia, is a HyStem hydrogel formulation of cross-linked thiol-modified hyaluronan and thiol-modified gelatin for the management of wounds, including partial and full-thickness wounds, ulcers, tunneled/undermined wounds, surgical wounds and burns. Its HyStem is a biomaterial that mimics the extracellular matrix (ECM), the network of molecules surrounding cells in organs and tissues that is essential to cellular function. Cell Cure Neurosciences, Ltd. (Cell Cure Neurosciences), a subsidiary of the Company, is developing cell therapies for retinal and neural degenerative diseases. Cell Cure Neurosciences’ principal product candidate is OpRegen, a formulation of embryonic stem cell-derived retinal pigmented epithelial (RPE) cells developed to address the medical needs of people suffering from dry AMD.

The Company’s subsidiary, Asterias Biotherapeutics, Inc. (Asterias), is developing AST-VAC1. AST-VAC1 is an autologous (patient-specific) cancer vaccine designed to stimulate a patient’s immune system to attack telomerase. AST-VAC1 is prepared from patient-specific white blood cells, or monocytes, using a sequential process that differentiates the monocytes into dendritic cells. AST-VAC1 is injected into the patient’s skin, with the objective of having the dendritic cells to travel to the lymph nodes and instruct cytotoxic thymocyte cells (T-cells) to kill tumor cells expressing telomerase. Patient immune response to telomerase after vaccination with AST-VAC1 was evaluated using a test called the enzyme-linked immunosorbent spot (ELISPOT) assay to measure the presence of activated T-cells specific to telomerase reverse transcriptase in humans (hTERT). AST-OPC1 is being developed by Asterias. AST- OPC1 consists of oligodendrocyte progenitor cells, which are cells that become oligodendrocytes after injection.

OrthoCyte Corporation (OrthoCyte) is a subsidiary of the Company developing cellular therapeutics for orthopedic disorders. Its subsidiary ReCyte Therapeutics, Inc. (ReCyte Therapeutics) focuses on developing treatments for vascular disorders, including both age-related diseases and injuries. The therapeutic indications targeted by ReCyte Therapeutics products include age-related cardiovascular diseases, such as coronary artery disease, heart failure and peripheral artery disease. Its subsidiary, LifeMap Sciences, Inc. (LifeMap Sciences), markets GeneCards, the human gene database, as part of a database suite that includes LifeMap Discovery the database of embryonic development, stem cell research and regenerative medicine, and MalaCards, the human disease database and the analysis tools VarElect, an application for prioritizing gene variants resulting from sequencing experiments and GeneAnalytics, a gene set analysis tool. LifeMap Sciences makes its databases and analysis tools available for use by researchers at pharmaceutical and biotechnology companies and other institutions through paid subscriptions or on a fee per use basis. The Company’s subsidiary, Ascendance Biotechnology, Inc. (Ascendance Biotechnology), provides product development solutions to the pharmaceutical, biotechnology, chemical and cosmetics industries, all of which are in the business of creating new chemical entities (NCEs) and/or new biologics. Ascendance Biotechnology offers HepatoPac and HepatoMune assay kits.

The Company competes with Hospira, Inc., Teva Pharmaceutical Industries, Inc., OncImmune Ltd., B. Braun, Sanofi-Aventis, Baxter International and Alpha Therapeutics.

Updated prices on reuters: here

GAMCO Global Gold Natural Resources & Income Trust (GGN.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade GAMCO Global Gold Natural Resources & Income Trust (Ticker – GGN.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 5.56 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument GAMCO Global Gold Natural Resources & Income Trust (GGN.A)
Margin Requirement 15%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for GAMCO Global Gold Natural Resources & Income Trust listed on AMEX in USD and you feel GGN.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 556 USD**
Trade Status Open long trade
Trade size £20.00 a point ***
Margin required 15%
Margin deposited  £1,668.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  GGN.A on American Stock Exchange has moved up 4% to a new price of 578. GAMCO Global Gold Natural Resources & Income Trust has moved up 22 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 578
Trade Status Close trade
Percent move 22 points
Percent in points 22 points
Trade size £20.00 a point
Profit or loss  £444.80

Profit and loss calculation

The profit is calculated = £20.00 (your stake)  x  + 22 points (closing price – opening price)

Profit
£20.00 (your stake)  x  + 22 = + £444.80

The loss – If instead GAMCO Global Gold Natural Resources & Income Trust (GGN.A) moved down 4% to a new price of 533.76, the loss would be calculated for GGN.A on a downmovement of – 22 points – old price – new price. The loss would have been

Loss
£20.00 (your stake)  x  – 22 = – £444.80

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (15% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in GAMCO Global Gold Natural Resources & Income Trust GGN.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (15%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded GAMCO Global Gold Natural Resources & Income Trust at £20.00 (your stake) a point. The price of GGN.A on American Stock Exchange is 5.56. If we multiply the stake by the price ( 5.56) we get the full value of the asset you are holding(£11,120.00), which could also be the potential loss of the trade, given no stoploss is placed.

£20.00 (your stake) x 5.56 = £11,120.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 15% on GGN.A .

For egsample, in our trade above we put down a deposit of £1,668.00 (15% of the full value £11,120.00 ) and gained £444.80 . The reward made was 27% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£444.80 (profit)  /  £1,668.00(deposit)   = 27% (return)

If instead you were buying the asset (GAMCO Global Gold Natural Resources & Income Trust (GGN.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£444.80 / £11,120.00)

Buying the asset non leveraged
£444.80 profit  /  £11,120.00 (cost to buy GGN.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in GAMCO Global Gold Natural Resources & Income Trust over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in GAMCO Global Gold Natural Resources & Income Trust, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

GAMCO Global Gold Natural Resources & Income Trust (GGN.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

GAMCO Global Gold Natural Resources & Income Trust (GGN.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker GGN.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

GAMCO Global Gold Natural Resources & Income Trust (GGN.A), GGN.A , is quoted in spread betting as 556 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

GAMCO Global Gold Natural Resources & Income Trust Address

GAMCO Global Gold Natural Resources & Income Trust

1 Corporate Ctr
RYE   NY   10580-1485
P: +1800.4223554
F: +1302.6365454

Company Web Links

GAMCO Global Gold Natural Resources & Income Trust Profile

GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective. The Fund will attempt to achieve its objectives by investing approximately 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. As part of its investment strategy, the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio. Its portfolio includes investments in sectors, such as metals and mining, energy and energy services and the United States Government obligations, among others. The Fund is managed by Gabelli Funds, LLC, which is affiliated with GAMCO Investors, Inc.

Updated prices on reuters: here

HC2 Holdings Inc (HCHC.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade HC2 Holdings Inc (Ticker – HCHC.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 5.58 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument HC2 Holdings Inc (HCHC.A)
Margin Requirement 25%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for HC2 Holdings Inc listed on AMEX in USD and you feel HCHC.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 558 USD**
Trade Status Open long trade
Trade size £20.00 a point ***
Margin required 25%
Margin deposited  £2,790.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  HCHC.A on American Stock Exchange has moved up 4% to a new price of 558. HC2 Holdings Inc has moved up 0 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 558
Trade Status Close trade
Percent move 0 points
Percent in points 0 points
Trade size £20.00 a point
Profit or loss  £4.46

Profit and loss calculation

The profit is calculated = £20.00 (your stake)  x  + 0 points (closing price – opening price)

Profit
£20.00 (your stake)  x  + 0 = + £4.46

The loss – If instead HC2 Holdings Inc (HCHC.A) moved down 4% to a new price of 557.78, the loss would be calculated for HCHC.A on a downmovement of – 0 points – old price – new price. The loss would have been

Loss
£20.00 (your stake)  x  – 0 = – £4.46

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in HC2 Holdings Inc HCHC.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded HC2 Holdings Inc at £20.00 (your stake) a point. The price of HCHC.A on American Stock Exchange is 5.58. If we multiply the stake by the price ( 5.58) we get the full value of the asset you are holding(£11,160.00), which could also be the potential loss of the trade, given no stoploss is placed.

£20.00 (your stake) x 5.58 = £11,160.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on HCHC.A .

For egsample, in our trade above we put down a deposit of £2,790.00 (25% of the full value £11,160.00 ) and gained £4.46 . The reward made was 0% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£4.46 (profit)  /  £2,790.00(deposit)   = 0% (return)

If instead you were buying the asset (HC2 Holdings Inc (HCHC.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£4.46 / £11,160.00)

Buying the asset non leveraged
£4.46 profit  /  £11,160.00 (cost to buy HCHC.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in HC2 Holdings Inc over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in HC2 Holdings Inc, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

HC2 Holdings Inc (HCHC.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

HC2 Holdings Inc (HCHC.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker HCHC.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

HC2 Holdings Inc (HCHC.A), HCHC.A , is quoted in spread betting as 558 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

HC2 Holdings Inc Address

HC2 Holdings Inc

450 Park Ave Fl 30
NEW YORK   NY   10022-2637
P: +1212.2352690
F: +1302.6365454

Company Web Links

HC2 Holdings Inc Profile

HC2 Holdings, Inc., incorporated on February 4, 1994, is a holding company. The Company operates through seven segments: Manufacturing, Marine Services, Insurance, Telecommunications, Utilities, Life Sciences and Other. The Company’s subsidiaries include Schuff International, Inc. (Schuff), which is a structural steel fabricator and erector in the United States; Global Marine Systems Limited (GMSL), a provider of engineering and underwater services on submarine cables; Continental Insurance Inc., a platform for its run-off long-term care business, through its two insurance companies, United Teacher Associates Insurance Company (UTA) and Continental General Insurance Company (CGI); PTGi-International Carrier Services (PTGi-ICS), a provider of Internet-based protocol and time-division multiplexing (TDM) access and transport of long distance voice minutes; American Natural Gas (ANG), a compressed natural gas fueling company, and Pansend Life Sciences, Ltd. (Pansend), which is focused on supporting healthcare and biotechnology product development. Its geographical segments are the United States and the United Kingdom.

Manufacturing Segment (Schuff International, Inc.)

Schuff is a fabricator and erector of structural steel and heavy steel plate. Schuff fabricates and erects structural steel for commercial and industrial construction projects, such as high- and low-rise buildings and office complexes, hotels and casinos, convention centers, sports arenas, shopping malls, hospitals, dams, bridges, mines and power plants. Schuff also fabricates trusses and girders, and is engaged in the fabrication and erection of large-diameter water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators and a range of customized products. Schuff consists of three business units spread across steel markets: Schuff Steel Company (Schuff Steel), engaged in steel fabrication and erection; Schuff Steel Management Company, engaged in the management of smaller projects, leveraging subcontractors, and the Aitken product line (Aitken), which is engaged in the manufacturing of equipment for the oil and gas industry. Schuff also provides fabricated steel to Canada and other countries, including Panama, where Schuff owns Schuff Hopsa Engineering, Inc., an engineering design, steel fabrication and erection company.

Schuff Steel offers a range of services, including design-assist/design-build, preconstruction design and budgeting, steel management, fabrication, erection and building information modeling (BIM). Schuff Steel Management Company provides steel fabrication and erection services. Aitken supplies various products, including strainers, such as temporary cone and basket strainers, tee type strainers, vertical and horizontal permanent line strainers, fabricated duplex strainers; measurement equipment, such as orifice meter tubes, orifice plates, orifice flanges, seal pots, flow nozzles, venturi tubes, low loss tubes and straightening vanes, and other products, such as spectacle blinds, paddle blinds, drip rings, bleed rings, and test inserts, launchers and pipe spools. Schuff offers its steel construction services primarily to general contractors and engineering firms that provide a range of projects, including hotels and casinos, office complexes, hospitals, manufacturing plants, shopping malls and centers, sports stadiums, power plants, restaurants, convention facilities, entertainment complexes, airports, schools, churches and warehouses.

Marine Services Segment (Global Marine Systems Limited)

GMSL is an offshore engineering company focused on specialist subsea services across the market sectors, such as telecommunications, oil and gas, and offshore power. GMSL’s sectors of focus for providing subsea cable services are telecommunications installation and maintenance, oil and gas installation, and offshore power installation. GMSL provides maintenance and installation to its telecommunications customers. GMSL provides vessels on standby to repair fiber optic telecommunications cables. Additionally, GMSL provides installation of cable systems, including route planning, mapping, route engineering, cable-laying, trenching and burial. GMSL provides installation, maintenance and repair of fiber optic communication and power infrastructure to offshore platforms. Its primary activities include providing power from shore, enabling fiber-based communication between platforms and shore-based systems, and installing permanent reservoir monitoring systems, which allow customers to monitor subsea seismic data. GMSL operates cable laying fleets consisting of approximately seven vessels, including over five owned and the other operated through long-term leases.

Insurance Segment (Continental Insurance, Inc.)

The Insurance segment, CIG, provides long-term care, life and annuity coverage to approximately 99,000 individuals through its Insurance Companies. The benefits provided by CIG’s insurance operations help protect policy and certificate holders from the financial hardships associated with illness, injury, loss of life, or income discontinuation. CIG’s life insurance products include Traditional, Term, Universal, and Interest Sensitive Life Insurance. Its annuity products include Flexible and Single Premium Deferred Annuities. CIG’s life insurance business provides a personal financial safety net for individuals and their families. These products provide protection against financial hardship after the death of an insured. Some of these products also offer a savings element that can help accumulate funds to meet future financial needs.

Telecommunications Segment (PTGI-International Carrier Services)

The PTGi-ICS business unit provides customers with Internet-based protocol and TDM access and transport of long distance voice minutes. PTGi-ICS operates a global telecommunications network consisting of international gateway and domestic switching, and related peripheral equipment, carrier-grade routers and switches for Internet and circuit-based services. PTGi-ICS’ network employs digital switching and fiber optic technologies, incorporates the use of voice over Internet protocol (VOIP) protocols and Signaling System 7/C7 (SS7/C7) signaling. PTGi-ICS’ network makes use of a carrier-grade international gateway and domestic switch system, Internet routers and media gateways in the United States with points of presence through third-party interconnections. PTGi-ICS owns and operates network management systems in Herndon, Virginia, which are used to monitor and control its switching systems, global data network and other digital transmission equipment used in its network. Additional network monitoring, network management and traffic management services are supported from the Company’s contingent Network Management Center located in Guatemala City, Guatemala. PTGi-ICS markets its services through a range of sales channels, such as trade shows and business development.

Utilities Segment (American Natural Gas)

American Natural Gas (ANG) is a compressed natural gas (CNG) fueling company that designs, builds, owns, operates and maintains natural gas fueling stations for the transportation industry. ANG’s principal business is supplying CNG for light, medium and heavy-duty vehicles, and providing operation, repair and maintenance services for vehicle fleet customer stations. ANG sells CNG through fueling stations. CNG fueling station sales are made through stations located either on ANG owned or on ANG’s customers’ properties and through ANG’s network of public access fueling stations. ANG performs operate and maintain (O and M) services for CNG stations that are owned by their customers.

Life Sciences Segment (Pansend Life Sciences, Ltd.)

The Life Sciences segment focuses on the development of technologies and products in healthcare. Pansend is focused on supporting healthcare and biotechnology product development.

Company Address

HC2 Holdings Inc

450 Park Ave Fl 30
NEW YORK   NY   10022-2637
P: +1212.2352690
F: +1302.6365454

Company Web Links

Ladenburg Thalmann Financial Services Inc (LTS.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade Ladenburg Thalmann Financial Services Inc (Ticker – LTS.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 2.19 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument Ladenburg Thalmann Financial Services Inc (LTS.A)
Margin Requirement 25%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for Ladenburg Thalmann Financial Services Inc listed on AMEX in USD and you feel LTS.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 219 USD**
Trade Status Open long trade
Trade size £50.00 a point ***
Margin required 25%
Margin deposited  £2,737.50

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  LTS.A on American Stock Exchange has moved up 4% to a new price of 219. Ladenburg Thalmann Financial Services Inc has moved up 0 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 219
Trade Status Close trade
Percent move 0 points
Percent in points 0 points
Trade size £50.00 a point
Profit or loss  £4.38

Profit and loss calculation

The profit is calculated = £50.00 (your stake)  x  + 0 points (closing price – opening price)

Profit
£50.00 (your stake)  x  + 0 = + £4.38

The loss – If instead Ladenburg Thalmann Financial Services Inc (LTS.A) moved down 4% to a new price of 218.91, the loss would be calculated for LTS.A on a downmovement of – 0 points – old price – new price. The loss would have been

Loss
£50.00 (your stake)  x  – 0 = – £4.38

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in Ladenburg Thalmann Financial Services Inc LTS.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded Ladenburg Thalmann Financial Services Inc at £50.00 (your stake) a point. The price of LTS.A on American Stock Exchange is 2.19. If we multiply the stake by the price ( 2.19) we get the full value of the asset you are holding(£10,950.00), which could also be the potential loss of the trade, given no stoploss is placed.

£50.00 (your stake) x 2.19 = £10,950.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on LTS.A .

For egsample, in our trade above we put down a deposit of £2,737.50 (25% of the full value £10,950.00 ) and gained £4.38 . The reward made was 0% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£4.38 (profit)  /  £2,737.50(deposit)   = 0% (return)

If instead you were buying the asset (Ladenburg Thalmann Financial Services Inc (LTS.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£4.38 / £10,950.00)

Buying the asset non leveraged
£4.38 profit  /  £10,950.00 (cost to buy LTS.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in Ladenburg Thalmann Financial Services Inc over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in Ladenburg Thalmann Financial Services Inc, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

Ladenburg Thalmann Financial Services Inc (LTS.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

Ladenburg Thalmann Financial Services Inc (LTS.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker LTS.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

Ladenburg Thalmann Financial Services Inc (LTS.A), LTS.A , is quoted in spread betting as 219 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

Ladenburg Thalmann Financial Services Inc Address

Ladenburg Thalmann Financial Services Inc

4400 Biscayne Blvd Fl 12
MIAMI   FL   33137-3212
P: +1305.5724100
F: +1305.5724199

Company Web Links

Ladenburg Thalmann Financial Services Inc Profile

Ladenburg Thalmann Financial Services Inc., incorporated on February 5, 1996, is a financial services company engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, asset management services, wholesale life insurance brokerage and trust services through its principal subsidiaries. The Company’s principal subsidiaries include Securities America, Inc. (Securities America), Triad Advisors, Inc. (Triad), Securities Service Network, Inc. (SSN), Investacorp, Inc. (Investacorp), KMS Financial Services, Inc. (KMS), Ladenburg Thalmann & Co. Inc. (Ladenburg), Ladenburg Thalmann Asset Management Inc. (LTAM), Highland Capital Brokerage, Inc. (Highland) and Premier Trust, Inc. (Premier Trust). The Company operates through three segments: the independent brokerage and advisory services segment, the Ladenburg segment and the insurance brokerage segment.

Independent Brokerage and Advisory Services Segment

The independent brokerage and advisory services segment includes the broker-dealer and investment advisory services provided by the Company’s independent broker-dealer subsidiaries to their independent contractor financial advisors and the wealth management services provided by Premier Trust. Premier Trust, a trust company, provides wealth management services, including administration of personal trusts and retirement accounts, estate and financial planning, and custody services.

Each of its independent broker-dealers provides support services to its financial advisors, including access to stock, bond and options execution; products, such as insurance, mutual funds, unit trusts and investment advisory programs, and research, compliance, supervision, accounting and related services. The advisor managed accounts offer a range of account structures, including fee-based and wrap fee accounts. The Company’s portfolios include separately managed portfolios, multi-managed accounts, and mutual fund and exchange-traded fund (ETF) model portfolios. These portfolios also include portfolio analytics, performance reporting and position-specific reporting.

Ladenburg Segment

The Ladenburg segment includes the investment banking, sales and trading and asset management services, and investment activities conducted by Ladenburg and LTAM. Ladenburg, is a broker-dealer that provides investment banking, sales and trading and equity research to its corporate and institutional clients and high net-worth individuals. Ladenburg’s investment banking professionals provide corporate finance and strategic and financial advisory services to public and private companies. Ladenburg’s corporate finance group provides capital origination services primarily to middle-market companies. Ladenburg’s investment bankers develop financing strategies, transaction structures and financing instruments for its corporate clients. Ladenburg offers a range of financing options, including underwritten public offerings, registered direct offerings, at-the-market offerings, private investment in public equity (PIPEs) and other private placements. Ladenburg advises clients on a range of financial issues, including include evaluating acquisition targets, providing valuation analyses, evaluating and proposing financial and strategic alternatives and rendering. Ladenburg provides fairness opinions and analyses to boards of directors, independent committees of boards of directors and shareholders, and also provides independent, third-party advice in connection with mergers, acquisitions, leveraged buyouts and restructurings, going-private transactions and certain other market activities. The Company provides research coverage on approximately 260 companies and closed-end funds, specializing in small- to mid-cap companies in the power and electric utilities, energy exploration and production, sustainable infrastructure, biotechnology, personalized medicine, medical devices, specialty pharmaceutical, healthcare services, medical technology and Internet and software services industries, and master limited partnerships (MLPs).

LTAM is an investment advisor offering various asset management products utilized by Ladenburg clients, as well as clients of independent broker-dealers’ financial advisors. The Ladenburg Asset Management Program provides centralized management of mutual fund and exchange-traded fund portfolios based on asset allocation models. LTAM’s Investment Consulting Services (ICS) provides clients with access to professional money managers usually available only to institutions. Through ICS, LTAM services high net worth clients and institutions, such as universities, foundations and hospitals. LTAM offers a closed-end interval fund, the Alternative Strategies Fund, which includes alternative investment products. The Private Investment Management program allows internal managers to provide portfolio services to clients on a discretionary basis with specific styles of investing for an annual asset-based fee. LTAM provides investment consulting services to sponsors of retirement plans, such as 401(k) plans. These services include identifying mutual funds and ETFs for the plan sponsor’s review and final selection based on the selection criteria stated in the plan’s investment policy statement; assisting in the planning of, and participating in, enrollment and communication meetings, and providing to the plan sponsor quarterly performance reports of the funds for the purpose of meeting the plan fiduciary’s obligation to monitor plan assets. LTAM provides high net worth clients and institutional investors the opportunity to invest in own and third party alternative investments. These include hedge funds, funds of funds, private equity, venture capital and real estate. LTAM provides its customers with the Ladenburg Architect Program as a non-discretionary, fee-based, advisory account that allows customers to maintain control over the management of the account and select from a diverse group of securities.

Insurance Brokerage Segment

The insurance brokerage segment includes the wholesale insurance brokerage activities provided by Highland, which delivers life insurance, fixed and equity indexed annuities and long-term care solutions to investment and insurance providers. The independent life insurance advisors or institutions then distribute life insurance products and services directly to individual clients. Highland provides its partners with access to insurance carriers, planning support, risk underwriting, back office processing and point of sale support.

Updated prices on reuters: here

Libbey Inc (LBY.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade Libbey Inc (Ticker – LBY.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 13.54 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument Libbey Inc (LBY.A)
Margin Requirement 20%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for Libbey Inc listed on AMEX in USD and you feel LBY.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 1354 USD**
Trade Status Open long trade
Trade size £10.00 a point ***
Margin required 20%
Margin deposited  £2,708.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  LBY.A on American Stock Exchange has moved up 4% to a new price of 1355. Libbey Inc has moved up 1 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 1355
Trade Status Close trade
Percent move 1 points
Percent in points 1 points
Trade size £10.00 a point
Profit or loss  £5.42

Profit and loss calculation

The profit is calculated = £10.00 (your stake)  x  + 1 points (closing price – opening price)

Profit
£10.00 (your stake)  x  + 1 = + £5.42

The loss – If instead Libbey Inc (LBY.A) moved down 4% to a new price of 1353.46, the loss would be calculated for LBY.A on a downmovement of – 1 points – old price – new price. The loss would have been

Loss
£10.00 (your stake)  x  – 1 = – £5.42

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (20% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in Libbey Inc LBY.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (20%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded Libbey Inc at £10.00 (your stake) a point. The price of LBY.A on American Stock Exchange is 13.54. If we multiply the stake by the price ( 13.54) we get the full value of the asset you are holding(£13,540.00), which could also be the potential loss of the trade, given no stoploss is placed.

£10.00 (your stake) x 13.54 = £13,540.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 20% on LBY.A .

For egsample, in our trade above we put down a deposit of £2,708.00 (20% of the full value £13,540.00 ) and gained £5.42 . The reward made was 0% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£5.42 (profit)  /  £2,708.00(deposit)   = 0% (return)

If instead you were buying the asset (Libbey Inc (LBY.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£5.42 / £13,540.00)

Buying the asset non leveraged
£5.42 profit  /  £13,540.00 (cost to buy LBY.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in Libbey Inc over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in Libbey Inc, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

Libbey Inc (LBY.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

Libbey Inc (LBY.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker LBY.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

Libbey Inc (LBY.A), LBY.A , is quoted in spread betting as 1354 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

Libbey Inc Address

Libbey Inc

300 Madison Ave,
PO Box 10060
TOLEDO   OH   43604-1561
P: +1419.3252100
F: +1302.6365454

Company Web Links

Libbey Inc Profile

Libbey Inc., incorporated on March 6, 1987, is a global manufacturer and marketer of glass tableware products. The Company produces glass tableware in approximately five countries and sells to over 100 countries. The Company’s segments include U.S. & Canada; Latin America; Europe, the Middle East and Africa (EMEA), and Other. The U.S. & Canada segment includes the sales of manufactured and sourced glass tableware and sourced ceramic dinnerware, metal tableware, hollowware and serveware having an end market destination in the United States and Canada. The Latin America segment includes primarily the sales of manufactured and sourced glass tableware having an end market destination in Latin America, including glass products for original equipment manufacturers (OEMs) that have an end market destination outside of Latin America. The EMEA segment includes primarily the sales of manufactured and sourced glass tableware having an end market destination in EMEA. The Other segment includes primarily the sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific.

The Company offers its products under various brand names, such as Libbey, Crisa, Royal Leerdam, World Tableware, Syracuse China and Crisal Glass. The Company offers a range of glass tableware, ceramic dinnerware, metal flatware, hollowware and serveware items for sale primarily in the foodservice, retail and business-to-business markets. The Company’s tableware products consist of glass tableware, ceramic dinnerware, and metal flatware, hollowware and serveware. Its glass tableware includes tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders and various other items. Its products include glass bakeware, handmade glass tableware and other glass products sold principally to OEMs, such as blender jars and washing machine windows. The Company also offers a range of ceramic dinnerware products, including plates, bowls, platters, cups, saucers and other tableware accessories. The Company also offers metal flatware, including knives, forks, spoons and serving utensils. It offers metal hollowware, including serving trays, pitchers and other metal tableware accessories. Through distribution and licensing arrangements, the Company offers a tabletop offering to service fine dining and event experiences.

The customers for the Company’s tableware products include approximately 500 foodservice distributors in the United States, Canada and others across the world. In the retail channel, the Company sells to mass merchants, department stores, retail distributors, national retail chains and specialty housewares stores. The Company’s business-to-business channel primarily includes customers that use glass containers for candle and floral applications, gourmet food packaging companies and various OEM applications. In Latin America, it sells to retail mass merchants and wholesale distributors, as well as candle and food packers, and various OEM users of custom-molded glass. In EMEA, the Company markets glassware to retailers, distributors and decorators. In Asia Pacific, it sells primarily to distributors and wholesalers.

The Company competes with Arc International, Sisecam, EveryWare Global, Inc., Bormioli Rocco Group, AnHui DeLi Glassware Co., Ltd., Vidrieria y Cristaleria de Lamiaco. S.A, Homer Laughlin, Steelite, Walco, Inc., Vidriera Santos and Vitro Par.

Updated prices on reuters: here

Gold Standard Ventures Corp (GSV.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade Gold Standard Ventures Corporation (Ticker – GSV.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 2.41 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument Gold Standard Ventures Corp (GSV.A)
Margin Requirement 25%
Long positions Yes
Short positions No*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for Gold Standard Ventures Corp listed on AMEX in USD and you feel GSV.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 241 USD**
Trade Status Open long trade
Trade size £50.00 a point ***
Margin required 25%
Margin deposited  £3,012.50

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  GSV.A on American Stock Exchange has moved up 4% to a new price of 241. Gold Standard Ventures Corp has moved up 0 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 241
Trade Status Close trade
Percent move 0 points
Percent in points 0 points
Trade size £50.00 a point
Profit or loss  £4.82

Profit and loss calculation

The profit is calculated = £50.00 (your stake)  x  + 0 points (closing price – opening price)

Profit
£50.00 (your stake)  x  + 0 = + £4.82

The loss – If instead Gold Standard Ventures Corp (GSV.A) moved down 4% to a new price of 240.9, the loss would be calculated for GSV.A on a downmovement of – 0 points – old price – new price. The loss would have been

Loss
£50.00 (your stake)  x  – 0 = – £4.82

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in Gold Standard Ventures Corporation GSV.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded Gold Standard Ventures Corp at £50.00 (your stake) a point. The price of GSV.A on American Stock Exchange is 2.41. If we multiply the stake by the price ( 2.41) we get the full value of the asset you are holding(£12,050.00), which could also be the potential loss of the trade, given no stoploss is placed.

£50.00 (your stake) x 2.41 = £12,050.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on GSV.A .

For egsample, in our trade above we put down a deposit of £3,012.50 (25% of the full value £12,050.00 ) and gained £4.82 . The reward made was 0% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£4.82 (profit)  /  £3,012.50(deposit)   = 0% (return)

If instead you were buying the asset (Gold Standard Ventures Corp (GSV.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£4.82 / £12,050.00)

Buying the asset non leveraged
£4.82 profit  /  £12,050.00 (cost to buy GSV.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in Gold Standard Ventures Corp over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in Gold Standard Ventures Corporation, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

Gold Standard Ventures Corp (GSV.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

Gold Standard Ventures Corp (GSV.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker GSV.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

Gold Standard Ventures Corp (GSV.A), GSV.A , is quoted in spread betting as 241 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

Gold Standard Ventures Corp Address

Gold Standard Ventures Corp

Suite 610-815 West Hastings St
VANCOUVER   BC   V6C 1B4
P: +1604.6695702
F: +1604.6873567

Company Web Links

Gold Standard Ventures Corp Profile

Gold Standard Ventures Corp. is focused on the acquisition and exploration of district-scale and other gold-bearing mineral resource properties completely in the State of Nevada, the United States. The Company operates through the acquisition and exploration of exploration and evaluation assets segment. Its Railroad-Pinion Project is an early to intermediate stage gold exploration project situated at the southeast end of the Carlin Trend of north-central Nevada. The Railroad-Pinion Project straddles the Pinon Range in the Railroad Mining District of northeastern Nevada and consists of a contiguous land position totaling approximately 30,404 gross acres and over 28,721 net acres of land in Elko County, Nevada. The Company has a total of approximately 16,439 gross acres of subsurface mineral rights in the form of patented and unpatented mineral lodes (claims) and over 13,965 gross acres of subsurface mineral rights secured or controlled by a contractual interest in private surface.

Updated prices on reuters: here

NovaGold Resources Inc (NG.A) -Spread betting example

Spread betting allows you to trade both long(price movement up) and short(price movement down) on thousands of financial markets from indices, shares, currencies, commodities and more.

Here is a spread betting example showing how to trade NovaGold Resources Inc (Ticker – NG.A) listed on the American Stock Exchange (AMEX ). The price on reuters.com as of the 7 March 2017 is 5.09 USD – US Dollar

 

  • Broker requirements for our trade example

IG.group is our broker of choice, offering more than 10,000 financial instruments around the world to trade from. Let’s look at their requirements to open our egsample trade.

Broker IG.group
Instrument NovaGold Resources Inc (NG.A)
Margin Requirement 25%
Long positions Yes
Short positions Yes*

*Be aware that a short position depends if the product can be borrowed, as you need to initially borrow in order to go short.



Spread bet example

There has been recent positive news for NovaGold Resources Inc listed on AMEX in USD and you feel NG.A will continue rising. You decide to trade a long position (bet the price to rise) on IG.group.

March 7 – Open long trade

 

Instrument Stock Exchange of Singapore
Price 7 March 2017 509 USD**
Trade Status Open long trade
Trade size £20.00 a point ***
Margin required 25%
Margin deposited  £2,545.00

**Note prices are quoted in 1/100 as you are spread betting per point movement.
*** in these examples we are spread betting in Sterling(GBP). The calculations, and profit/loss will be in GBP. You can trade in the assets local currency or your platform’s currency

A few days later  NG.A on American Stock Exchange has moved up 4% to a new price of 529. NovaGold Resources Inc has moved up 20 points (new price -old price)

March 12 – Close long trade

 

Price – 12 March 2017 529
Trade Status Close trade
Percent move 20 points
Percent in points 20 points
Trade size £20.00 a point
Profit or loss  £407.20

Profit and loss calculation

The profit is calculated = £20.00 (your stake)  x  + 20 points (closing price – opening price)

Profit
£20.00 (your stake)  x  + 20 = + £407.20

The loss – If instead NovaGold Resources Inc (NG.A) moved down 4% to a new price of 488.64, the loss would be calculated for NG.A on a downmovement of – 20 points – old price – new price. The loss would have been

Loss
£20.00 (your stake)  x  – 20 = – £407.20

As you can see from the example above, spread betting can be very profitable or can bring big losses, given the deposit required is only a fraction of the trade value (25% margin required on IG). In the next section I will go over briefly the ful potential risk of the trade we exampled above in NovaGold Resources Inc NG.A on American Stock Exchange (USD).




Other useful information about your trade

  • Risk

As you can see from the example above spread betting can be very profitable or can bring big losses, given that the deposit required (25%) to open a trade is only a fraction of the trade value. Now, let’s do the calculations of the risk reward on the egsample above.

We traded NovaGold Resources Inc at £20.00 (your stake) a point. The price of NG.A on American Stock Exchange is 5.09. If we multiply the stake by the price ( 5.09) we get the full value of the asset you are holding(£10,180.00), which could also be the potential loss of the trade, given no stoploss is placed.

£20.00 (your stake) x 5.09 = £10,180.00(max potential risk)

therefore it is important to place your stop loss at the maximum potential loss you are willing to incurr when trading

  • Reward

The rewards on the other hand can be big, given that the deposit required is only 25% on NG.A .

For egsample, in our trade above we put down a deposit of £2,545.00 (25% of the full value £10,180.00 ) and gained £407.20 . The reward made was 16% on the funds we used in this example. This is the power of leverage and what makes spread betting so attractive. Furthemore, these profits and losses are not taxed.

Reward Spread betting
£407.20 (profit)  /  £2,545.00(deposit)   = 16% (return)

If instead you were buying the asset (NovaGold Resources Inc (NG.A)) not leveraged on the American Stock Exchange, your reward would have been 4% (£407.20 / £10,180.00)

Buying the asset non leveraged
£407.20 profit  /  £10,180.00 (cost to buy NG.A ) = 4% return
  • Slippage

Slippage is when an order is filled at a price that is different than the requested price. This because trading there was no trading at your desired price and the broker gives you the first available price in the market

Another factor to consider is if you hold your trade in NovaGold Resources Inc over night, when the American Stock Exchange is closed( Trading hours are 09:30 AM – 04:00 PM(-6 Hours GMT) in United States ), and there is majour news that will affect the price in NovaGold Resources Inc, you can suffer slippage. Your stoploss or take profit will trade at the first available price when the market opens.

  • Guaranteed Stop Loss

To avoid slippage IG.group guarantees your stoploss level when you opt to use a guaranteed stoploss. The cost of the stoploss on xxx that is a small premium of 0.30% calculated on the value of your trade. It is a little peice of mind offered by  IG.group, like a little insurance.

  • Currency

NovaGold Resources Inc (NG.A) is listed on the American Stock Exchange(AMEX) in USD – US Dollar. When you open a spread bet you will be able to trade both in the instruments currency , in this case USD, US Dollar, or in the currency of your IG trading account – that could be GBP, USD, EUR etc. Whatever the currency you trade in, will be the currency of your profits. At the end of the trade, you can opt to change the currency immediately or at the end of the day, to you chosen account currency.

  • Trading hours

NovaGold Resources Inc (NG.A) is listed on the American Stock Exchange(AMEX) and it trades during exchange trading hours that are 09:30 AM – 04:00 PM (-6 Hours GMT). You can place trades only when the market on the AMEX is open. Out of market hours you can place an order to open a trade on Ticker NG.A both long or short. The four different order types are limit buy, limit sell, stop buy, stop sell.

  • Pricing

NovaGold Resources Inc (NG.A), NG.A , is quoted in spread betting as 509 c (1/100 = Cent) as in spread betting you are trading the point movement . The point refers to the 1/100 of USD – US Dollar)

American Stock Exchange (AMEX) – More information

Trading hours 09:30 AM – 04:00 PM
Exchange Name American Stock Exchange
Exchange AMEX
Country United States

NovaGold Resources Inc Address

NovaGold Resources Inc

789 Pender St W Suite 720
VANCOUVER   BC   V6C 1H2
P: +1604.6696227
F: +1604.6696272

Company Web Links

NovaGold Resources Inc Profile

Novagold Resources Inc., incorporated on December 5, 1984, is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska. The Company has its interest in the Copper Canyon copper-gold-silver property that is adjacent to the Galore Creek project. The Company’s subsidiaries include NOVAGOLD Canada Inc., Copper Canyon Resources Inc., NOVAGOLD U.S. Holdings Inc., NOVAGOLD Resources Alaska Inc., NOVAGOLD USA, Inc. and AGC Resources Inc.

Donlin Gold Project

The Donlin Gold project is an advanced-stage gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land, and Alaska state mining claims. The Donlin Gold property is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River. As of November 30, 2016, the Donlin Gold property hosted a gold deposit estimated at 33.8 million ounces of proven and probable reserves averaging 2.09 grams per ton.

Galore Creek Project

The Galore Creek project is a copper-gold-silver project located in northwestern British Columbia. The Galore Creek project is located approximately 70 kilometers west of the Bob Quinn airstrip on Highway 37 and 150 kilometers northeast of the port of Stewart, and 370 kilometers northwest of the town of Smithers, British Columbia. As of November 30, 2016, the Galore Creek property consisted of 293,837 acres and hosted a porphyry-related copper-gold-silver deposit. The main Galore Creek property, which consists of the Southwest, Central (including Bountiful deposit), Junction, West Fork and Middle Creek zones, primarily contains the project’s known resources.

Updated prices on reuters: here