Range of Markets

Financial Spread Betting Markets Explained

We have collated a detailed description of all our financial spread betting markets, providing you with detailed market and trade information plus descriptions to explain more about each particular instrument.

Tesla Motors (All Sessions)

shares - Automobile Parts
Equity
Automobile & Parts
0.15% (3.5 pts max) (daily), 0.6% (125 pts max) (near future), 0.45% (95 pts max) (far future), 0.5% (110 pts max) (very far future)
TSLA
Automobile & Parts
1
09:01-01:00
£0.02
0.1% of current price(25% if guaranteed)
0.25% of current price
Adjusted ARR +/- 3%
NTR: Position (GBP) % ***
0 - 41
4.50
41 - 104
10.00
104 - 232
30.00
232 +
100.00
Limited Risk NTR: Position (GBP) % ***
0 - 1
20.00
1 - 3
40.00
3 - 7
75.00
7 +
100.00
Official day's closing price +/- spread.
Tuesday before the third Wednesday of contract month for futures contracts

**Funding applied on daily basis to ‘Daily’ and ‘Daily Futures’ markets only. 

***When placing a new trade the NTR Multiplier is calculated from the mid-point of the current price. E.g. if a share is currently trading at 199.7 – 200.3 with an NTR multiplier of ‘10% of the current price’ then the NTR Multiplier at that time will be 20 (10% of 200). Once you have an open position in a market, if that position is a buy it will be marked to the current bid price and therefore the NTR Multiplier will be calculated from the bid price. If the position is a sell it will be marked to the offer price and therefore the NTR Multiplier will be calculated from the offer price. Please note this means that NTR Multipliers will vary as the price and bid-offer spread of the market moves.

Market Description

This stock is quoted by Spreadex for the pre and post market trading sessions. Please note that during these periods, bid/offer quotes may widen due to less liquidity in the underlying stock. As a result this may affect the spread quoted by Spreadex and may cause any stops or limits which you are working to trigger.

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