Jump to content

Newbie: Market Denominations


Guest DavidHK

Recommended Posts

Guest DavidHK

Good day everyone,

I am new to trading and would like to get some clarification on how to read share prices in different markets.

1. For companies listed on the FTSE100 are these quoted in pounds? For example, if a company is listed as 56.18 does this mean £0.5618p per share? 
2. For US listed companies is this listed in dollars? For example, if a company is listed as 3855 does this mean $38.55?
3. For other markets, eg Japan 225, German 30, France 40 how are these listed?

I tried to find this information but could not and would be so grateful for any information provided.

Thanks.

 

Link to comment

Hi @DavidHK,  you will need to check the web site of the  particular exchange the stock is traded on to find how it is listed.

The LSE lists in pence while the Nasdaq and NYSE lists in US Dollars but the broker quote on a platform may break that down even more, 

eg Tesla on the SB platform is 32000.00 which is $320.0000.

Barclays on the SB platform is 172.00 which is £1.7200

 

Link to comment

Hi I have just had the same question. 

Two things I did to help me.

  1. Pretend to place an order - that came up with the currency involved - for example Amazon Inc at approx 1700 was $1700, c.£1300...
  2. Click on the Down Arrow next to the company (its one of the 3/4 icons), there is an option called Get info. Here has lots of useful things to help.

Hope this helps too.

Link to comment
Guest DavidHK
2 hours ago, Bates said:

Hi I have just had the same question. 

Two things I did to help me.

  1. Pretend to place an order - that came up with the currency involved - for example Amazon Inc at approx 1700 was $1700, c.£1300...
  2. Click on the Down Arrow next to the company (its one of the 3/4 icons), there is an option called Get info. Here has lots of useful things to help.

Hope this helps too.

Hi Bates,

Thanks very much. But does that tell me the denomination? For example if I take Barclays PLC as an example currently trading at 172.06. The 'Get Info' tab says GBP so does this mean each share is £172 or £1.72p?

Thanks for your help

 

Link to comment

By no means am an expert... being a newbie myself...

But number 1 if you place order for 1 share, it the IG app then tells you the price. The other poster (@caseynotes) is probably a another good approach if you want to make absolutely sure (i.e. look on the exchange websit) 

 

I think the LSE quotes in pence though. So 1 share above would be 1.72 ps... don’t forget that IG will add there commission to that figure so for me at the moment i1 share shows as £9.72

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Crypto trading is a bit complicated when it comes to understanding the dynamics in profit making. Some people are more inclined to technical analysis which of course has been the widely used trading tool but some are more inclined to fundamentals but sticking to fundamentals alone could be highly risky in my own opinion even though crypto is also financial instrument that often respond to news updates.  A blend of the two could provide a safety net for traders in minimizing losses compared to potential profit. The above case scenario is largely attributed to perp futures trading and other derivatives. TA and FA could also be very useful for spot trading but I feel timely listing of projects could largely determine one's profit from investing in a project. These may not be for all projects cos some are **** coins. This could be a personal perspective but I have noticed listing speed is also another important factor to consider along with project fundamentals when trading and if we are to include listing speed as a factor for choosing trade then it will affect our choice of trading platform cos some are more inclined to top cap projects while others are more inclined low cap gems.   My experience with ORDI has proven this trading skill rewarding. ORDI was first listed on Bitget before other exchange joined the listing party after it saw rapid adoption reflecting in it significant MCap growth. This chart should give us a glimpse of my experience with this strategy.
    • In a stunning display of market momentum, the PANDORA token, the first of its kind, has skyrocketed an astonishing 4872% from its introduction on February 2nd to February 7th. This remarkable performance has not only caught the attention of cryptocurrency enthusiasts but has also solidified PANDORA’s position as a groundbreaking asset in the digital currency landscape. Pandora's ERC-404 protocol revolutionizes the token landscape by seamlessly blending the qualities of ERC20 and ERC721 standards. This experimental mixed implementation enables persistent liquidity and non-fungibility for NFTs, unlocking a realm of possibilities previously unexplored. Adding to the excitement, Bitget Wallet is gearing up to introduce a specialized section dedicated to ERC-404 token market listings. This feature creates a hub for tokens that blend the best of both worlds—the liquidity of ERC-20s and the uniqueness of ERC-721 NFTs. I have come to believe that, the electrifying surge of PANDORA token and the innovative ERC-404 standard is not just a fleeting trend but a window into the future of cryptocurrency.
    • A significant turning point in the #PORTALxBitget collaboration is the listing of $PORTAL on Bitget through the Candybomb event, which opens up benefits and synergistic prospects like 1. Diversified Trading choices: Users now have access to a wide range of trading choices thanks to $PORTAL's listing on the exchange, including cutting-edge leveraged trading capabilities and spot trading. This gives customers the freedom to interact with $PORTAL in a way that suits their preferred level of risk and trading techniques. 2. Community Synergy: By uniting the exchange users and the pre-existing $PORTAL community, the Candybomb event stimulates community engagement. Through this synergy, a positive environment surrounding #PORTALxBitget may be developed, encouraging cooperation, information exchange, and sustained interest in the project. Could this recent collab stimulate the  stage for a fruitful and mutually beneficial relationship between #PORTAL and exchange.
×
×
  • Create New...
us