Range of Markets

Financial Spread Betting Markets Explained – Zotefoams

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. Below, please find further details on Zotefoams.

Zotefoams

shares - Commodity Chemicals
Equity
Commodity Chemicals
0.45% (7 pts max) (daily), 0.9% (8 pts max) (near future), 0.8% (7.5 pts max) (far future), 0.7% (7 pts max) (very far future)
ZTF
Commodity Chemicals
1
0800-1630
£0.5
0.1% of current price
None
NTR: Position (GBP) % ***
0 - 77
18.00
77 - 231
40.00
231 - 3,208
75.00
3,208 +
100.00
Limited Risk NTR: Position (GBP) % ***
0 - 32
20.00
32 - 107
40.00
107 - 214
75.00
214 +
100.00
Rolling, Dec, Mar, Jun, Sep
Official day's closing price +/- spread.
Tuesday before the third Wednesday of contract month for futures contracts

*Our spreads are in addition to the spread that exists in the underlying market, therefore our total spread can and will be variable, but this is as a result of the inherent bid/offer spread that exists on all shares on the different exchanges.

**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.