Sectors bet product details

Spread bet on 35 key FTSE 350 sectors

1. Sectors bets can be made in two ways: as a Daily Funded Bet (DFB) or as a futures bet (Quarterly bet). DFBs have an expiry some way out in the future and the expiry months for Quarterly bets rotate on a March, June, September, December cycle. Prices are quoted for the current and next quarter month.

2. Our quotes an ‘all-in’ spread for sectors, which includes both our spread and market spread. The spread is usually calculated as a percentage of the current sector price as follows:

DFB: 0.2% of sector price
Near quarter: 0.6% of sector price
Far quarter: 0.7% of sector price
3. For limited-risk bets a limited-risk premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and will form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.

4. The margin factor will normally be 5% of the price of the sector in question. Thus a sector priced at 2000 will normally incur a deposit 100 times the bet size.

5. The minimum bet size for sectors is £0.50 per point (for online dealing).

6. Dealing hours: Monday–Friday, 08.15–16.30.

7. The last dealing day for Quarterly bets will be the Tuesday before the third Wednesday of the contract month.

Available sectors

We offer bets on the following FTSE 350 sectors:-

Aerospace and Defence

Banks

Beverages

Chemicals

Construction and Materials

Electricity

Electronic and Electrical Equipment

Equity Investment Instruments

Fixed Line Telecoms

Food and Drug Retailers

Food Producers

FTSE Mid 250

General Retailers

Health Care Equipment and Services

Household Goods and Home Construction

Industrial Engineering

Industrial Transportation

Leisure, Entertainment and Hotels

Life Assurance

Media

Mining

Mobile Telecoms

Non-life Insurance

Oil and Gas Producers

Oil Equipment and Services

Personal Goods

Pharmaceuticals and Biotechnology

Real Estate Investment Trusts

Software and Computer Services

Speciality Finance

Support Services

Techmark

Technology, Hardware and Equipment

Tobacco

Utilities

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