Equities Market Information

UK EQUITIES

Minimum trade size of £1/1€/ $1 per point

   Markets Spread Size Margin Quoting Hours
UK100 EQUITIES 0.05%* 5% 08:01-16:30
UK250 EQUITIES 0.075%* 10% 08:01-16:30

 
US EQUITIES

Minimum trade size of £1/1€/ $1 per point

   Markets Spread Size Margin Quoting Hours
US30 EQUITIES 0.075%* 5% 14:31-21:00
NDQ100 EQUITIES 0.075%* 10% 14:31-21:00
US500 EQUITIES 0.075%* 10% 14:31-21:00
ETFs & ADRs 0.075%* 20% 14:31-21:00

  
GERMAN EQUITIES

Minimum trade size of £1/1€/ $1 per point

   Markets Spread Size Margin Quoting Hours
GER EQUITIES 0.075%* From 5% 08:01-16:30

OTHER EQUITIES

Minimum trade size of £1/1€/ $1 per point

   Markets Spread Size Margin Quoting Hours
Belgium 0.075%* From 10% 08:01-16:30
Dutch 0.075%* From 10% 08:01-16:30
Finish 0.075%* From 10% 08:01-16:20
Irish 0.075%* From 10% 08:31-17:30
Portuguese 0.075%* From 10% 08:01-16:30
Spanish 0.075%* From 10% 08:01-16:30
Italian 0.075%* From 10% 08:01-16:25
French 0.075%* From 10% 08:01-16:30
Austrian 0.075%* From 10% 08:01-16:30
Swiss 0.075%* From 10% 08:01-16:20


*The value of the spread on entering/closing a trade in addition to the market spread.


ADDITIONAL INFORMATION

SPREADS

Spread Co applies 0.05% - 0.075% per side in addition to the underlying market on UK and US equities. Many of our competitors will typically charge you 0.1%.

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

DIVIDEND ADJUSTMENTS

If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 90% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.

FINANCING

If you hold a long equity position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over the weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.

The adjustment is calculated below. Financing charges/credits are a function of four variables:

  • Closing Price
  • Financing Interest Rate
  • Days to Finance
  • Days in Financial Calendar Year (360 for USD & CHF or 365 for other) depending on the instrument

IMPORTANT NOTICE: In some circumstances short borrowing costs could be applied dependant on the ability of borrowing the share

More information and examples on financing

UK EQUITIES

Minimum trade sizes are variable, depending on market capitalisation.

   Markets Spread Size Margin Quoting Hours
UK100 EQUITIES 0.05%* 5% 08:01-16:30
UK250 EQUITIES 0.075%* 10% 08:01-16:30

 
US EQUITIES

Minimum trade sizes are variable, depending on market capitalisation.

   Markets Spread Size Margin Quoting Hours
US30 EQUITIES 0.075%* 5% 14:31-21:00
NDQ100 EQUITIES 0.075%* 10% 14:31-21:00
US500 EQUITIES 0.075%* 10% 14:31-21:00
ETFs & ADRs 0.075%* 20% 14:31-21:00

GERMAN EQUITIES

Minimum trade sizes are variable, depending on market capitalisation. (N.B Equities as per index constituent will pause for the intraday auction).

   Markets Spread Size Margin Quoting Hours
GER EQUITIES 0.075%* From 5% 08:01-16:30

OTHER EQUITIES

Minimum trade sizes are variable, depending on market capitalisation.

   Markets Spread Size Margin Quoting Hours
Belgium 0.075%* From 10% 08:01-16:30
Dutch 0.075%* From 10% 08:01-16:30
Finish 0.075%* From 10% 08:01-16:20
Irish 0.075%* From 10% 08:31-17:30
Portuguese 0.075%* From 10% 08:01-16:30
Spanish 0.075%* From 10% 08:01-16:30
Italian 0.075%* From 10% 08:01-16:25
French 0.075%* From 10% 08:01-16:30
Austrian 0.075%* From 10% 08:01-16:30
Swiss 0.075%* From 10% 08:01-16:20


*The value of the spread on entering/closing a trade.
Please contact Spread Co to discuss minimum point movement.

 
ADDITIONAL INFORMATION

SPREADS

Spread Co applies 0.05% - 0.075% per side in addition to the underlying market on UK and US equities. Many of our competitors will typically charge you 0.1%.

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

DIVIDEND ADJUSTMENTS

If an equity position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 90% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.

FINANCING

If you hold a long equity position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over the weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.

The adjustment is calculated below. Financing charges/credits are a function of four variables:

  • Closing Price
  • Financing Interest Rate
  • Days to Finance
  • Days in Financial Calendar Year (360 or 365) depending on the instrument

IMPORTANT NOTICE: In some circumstances short borrowing costs could be applied dependant on the ability of borrowing the share

More information and examples on financing

Notice

Every effort has been taken in preparing the market information contained in this document. We recommend that you read this information in conjunction with Spread Co’s Terms of Business. The information contained in this document is subject to change and is for guidance only. Please contact our client services team if you require any further information.

 
 
© 2016 Spread Co Limited. All Rights Reserved.

Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co Limited is authorised and regulated by the Financial Conduct Authority. Register No. 446677.

Spread betting and CFD trading are leveraged products and can result in losses that exceed your deposits. Ensure you understand the risks.

Losses can exceed deposits. Click here to learn more.