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New FTSE 100 Turbos available now
If you would like to know more, call or email us to receive your free SG Turbos guide.
Email us to get your free issue of STRIKE, the first quarterly magazine covering all listed products.
Email: listedproducts@sgcib.com
Phone: 0800 328 1199
SG Turbos are powerful investment tools, enabling investors to trade on the value of shares or indices without having to pay the full price of the underlying. Turbos allow you to leverage on your bullish or bearish views for an underlying. They include an in built Knock-Out barrier: should the market go against your view and the barrier be hit, the Turbo expires worthless. Unlike certain other leveraged offers, your downside risk is limited to your initial investment, no matter how badly the markets move against you. SG Turbos also provide all the benefits of a London Stock Exchange listing: transparency, liquidity and their regulatory framework.
• Geared exposure to the underlying at a fraction of its cost
• Knock-Out barrier
• All trading supervised by the London Stock Exchange
• Downside risk is limited to your initial investment
• Held in your SIPP dealing account, just like a regular share
• No stamp duty
Find out more >> What is a Turbo? 
Download Investors Chronicle Download SG Turbo Factsheet
SG Turbo Special Report
In order to trade Turbos you will have to sign a Risk Warning notice with your stockbroker. Most online broking services will have this available online otherwise contact your broker by phone.
See Risk Warning
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Short Turbos notice
http://www.fsa.gov.uk/pages/Library/Communication/PR/2008/102.shtml
http://www.fsa.gov.uk/pubs/other/short_selling_faqs.pdf
http://www.fsa.gov.uk/pubs/handbook/list_instru
Due to recent FSA regulations on short selling please refer to the FSA website for details of the rules regarding net short selling in UK financial sector companies. For clarity, if you purchase a Short Tubo it is considered as a short position under these rules. If you are unsure about this rule, please speak to an appropriately qualified Financial Advisor.
ment200850.pdf
http://www.fsa.gov.uk/pubs/handbook/instrument2_2008_50.pdf
Due to the introduction of FSA's short selling rules, SG will not quoting Bid/Ask prices for Short Turbos on UK and Irish financial/insurance underlyings until further notice. In case you require Bid/Ask prices on these products, please contact your Broker.
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New Index Turbos!
STRIKE = KNOCK-OUT LEVEL
These products enable you to gain exposure to makret benchmarks, at a fraction of the cost compared to a direct investment in the underlying.
Gain access to:
-
UK Market: FTSE100 Index
-
German Market: DAX30 Index
-
French Market: CAC40 Index
Turbos on indices are a new class of SG Listed Products. They give investors the opportunity to take both Long and Short positions on three key European indices:
The FTSE100, The CAC40 and The DAX30.
They are highly geared financial instruments, listed on the London Stock Exchange. Turbos allow you to participate almost Penny for Penny in the performance of the underlying index, adjusted to the parity of the product. They can be traded through your UK stockbroker and can offer far higher returns at a cheaper price than a direct investment in the underlying.
In addition to this, Index Turbos have a maturity as well as an in built Knock-Out barrier, which automatically stops out the product should the underlying go against your market view. It therefore limits your maximum loss to the initial amount invested.
IMPORTANT: In case the product knocks-out prematurely, no redemption value will be calculated and the product expires worthless.
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Full list
|
EPIC |
C/P |
Strike |
Parity |
Expiry |
Underlying |
KO |
|
T123.L |
C |
3200 |
1,000 |
19/12/08 |
.FTSE |
3200 |
|
T124.L |
C |
3500 |
1,000 |
19/12/08 |
.FTSE |
3500 |
|
T128.L |
C |
3600 |
1,000 |
19/12/08 |
.FTSE |
3600 |
|
T129.L |
C |
3700 |
1,000 |
19/12/08 |
.FTSE |
3700 |
|
T136.L |
C |
3900 |
1,000 |
16/01/09 |
.FTSE |
3900 |
|
T137.L |
C |
4100 |
1,000 |
16/01/09 |
.FTSE |
4100 |
|
T138.L |
P |
4800 |
1,000 |
16/01/09 |
.FTSE |
4800 |
|
T127.L |
P |
5000 |
1,000 |
19/12/08 |
.FTSE |
5000 |
|
T103.L |
P |
5500 |
1,000 |
19/12/08 |
.FTSE |
5500 |
|
T104.L |
P |
5600 |
1,000 |
19/12/08 |
.FTSE |
5600 |
|
T105.L |
P |
5700 |
1,000 |
19/12/08 |
.FTSE |
5700 |
|
T132.L |
C |
4000 |
1,000 |
16/01/09 |
.GDAXI |
4000 |
|
T133.L |
C |
4300 |
1,000 |
16/01/09 |
.GDAXI |
4300 |
|
T108.L |
P |
6500 |
1,000 |
19/12/08 |
.GDAXI |
6500 |
|
T109.L |
P |
6600 |
1,000 |
19/12/08 |
.GDAXI |
6600 |
|
T134.L |
C |
2700 |
1,000 |
16/01/09 |
.FCHI |
2700 |
|
T135.L |
C |
2900 |
1,000 |
16/01/09 |
.FCHI |
2900 |
|
T112.L |
P |
4500 |
1,000 |
19/12/08 |
.FCHI |
4500 |
|
T113.L |
P |
4600 |
1,000 |
19/12/08 |
.FCHI |
4600 |
|
C750.L |
C |
925 |
1 |
09/01/09 |
AAL.L |
1000 |
|
C727.L |
P |
2700 |
1 |
12/12/08 |
AAL.L |
2600 |
|
C728.L |
P |
2800 |
1 |
12/12/08 |
AAL.L |
2700 |
|
C732.L |
P |
540 |
1 |
12/12/08 |
BP.L |
530 |
|
C734.L |
P |
1320 |
1 |
12/12/08 |
GSK.L |
1280 |
Show me a Turbo on:
Turbo News
Market News
- 20-Nov-08
RBS chairman 'sorry', shareholders approve bail-out
Full Story - 20-Nov-08
London close: Another tough day despite bank rally
Full Story
Live Price Long
| Market | Bid / Ask (p) | Net Chg | % Chg | Stop Loss | Gearing | Turbo Bid / Ask | Code |
|---|---|---|---|---|---|---|---|
| F100 Long DEC | 3874.0 / 3876.0 | -130.69 | -3.26% | 3200 | 5.3x | 72.7/73.5 | T123 |
| AAL Long JAN | 1048.0 / 1049.0 | -83 | -7.30% | 10 | 7.9x | 128.3/133.3 | C750 |
| GDAXI Long JAN | 4220.2 / 4220.2 | -13389 | -3.08% | 4000 | 12.9x | 31.9/32.8 | T132 |
| VOD Long DEC | 1145.5 / 1146.5 | -38 | -3.19% | 1000 | 5.3x | 215.2/218.2 | C746 |
A Turbo's gearing level measures how much cheaper it is to gain exposure to an underlying through the Turbo than by purchasing the share directly.
Disclaimer- © Société Générale 2006