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Financial CFD Markets Explained – SPDR S&P U.S. Consumer Discretionary Select Sector
We have collated a detailed description of all our financial CFD markets, providing you with detailed market and trade information plus descriptions to explain more about each particular instrument. Below, please find further details on SPDR S&P U.S. Consumer Discretionary Select Sector.
SPDR S&P U.S. Consumer Discretionary Select Sector
| NTR: | Shares | % * | |||
|---|---|---|---|---|---|
| 10.00 | ||||
| 20.00 | ||||
| 40.00 | ||||
| 100.00 |
| Limited Risk NTR: | Shares | % * | |||
|---|---|---|---|---|---|
| 20.00 | ||||
| 40.00 | ||||
| 100.00 |
*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.
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