All trading involves risk. Losses can exceed deposits.

Snap Inc

(SNAP.N)

12.85
12.85
-0.46pts (-3.46%)

High: 13.45

Low: 12.7

87% of client accounts are long on this market

The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.

Details for Snap Inc -

Dealing
Minimum size GBP 0.24
Margin factor 10.0%
Minimum stop distance 1
Min guaranteed stop distance 10.0%
Slippage factor 100.0%
Market hours
14:30 - 21:00 (UK - London Local Time)
Margin requirements

Your aggregate position in this market will be margined in the following tiers:

Tier Position size (USD) Deposit Factor
1 0 - 528 10%
2 528 - 2772 20%
3 2772 - 10692 45%
4 10692 + 75%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Special info

[Unborrowable]

Buy/Sell

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What does Snap do?

Snap is a social media and technology company recognised for its development of camera applications. Snap’s products include Zenly, Bitmoji, Spectacles and the flagship Snapchat.

Snapchat – which allows its users to send pictures and messages to each another before being erased – has proven enormously popular amongst Millennials in Europe and North America. The company claims to have an impressive 191 million daily active users.

When was Snap started?

Snap was formed in 2011 by Evan Spiegel and Bobby Murphy. The company went public in 2017 with a much-hyped initial public offering (IPO), raising nearly $30 billion in market capitalisation on the first day of trading.

Where does Snap operate?

Snap’s headquarters are based in Venice, Los Angeles, California.

Where is Snap traded?

Snap is listed on the New York Stock Exchange (NYSE). You can trade the Snap share price, or buy Snap shares, with IG – find out more here.

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Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

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