Online Share Dealing | Share Betting | Spread Betting | IG Index | Example: Quarterly

Quarterly bets are designed to allow you to run a medium-term position in a share, trading over several weeks or months. We normally quote prices for the next two or three quarter months.

It is early August 2008 and Barclays shares are quoted in the stock market at 377/377.5p. Our price for December 2008 Barclays is 373 - 376.5.

You decide to 'buy' £8/point at 376.5, the offer price. Your bet is the equivalent of a position in 800 shares. This is because if you did own 800 shares, as with conventional share dealing, each penny movement in the price would be worth £8 to you.

Suppose Barclays rises steadily over the next few weeks and one day in early September is trading at 448/448.5p. Our quote, adjusted for December, is 443.2 - 446.7.

You decide to close your bet by 'selling' £8/point at 443.2, the bid price.

The result

Your profit is calculated as follows:

Profit: 66.7 x £8 per point = £533.60

Remember of course that if the market had moved against you, you may have lost more than your initial deposit.