Trade Bytes Technology Group plc - BYIT CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.021
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position-0.021276 %(-£4.26)Trade size with leverage ~ £20,000.00Money from leverage ~ $£19,000.00Go to platform: -0.02128%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position-0.000642 %(-£0.13)Trade size with leverage ~ £20,000.00Money from leverage ~ $£19,000.00Go to platform: -0.00064%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: GBP
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: Great Britain
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021276 %
  (-£4.26)

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000642 %
  (-£0.13)

Key Stats

• Prev. Close: 4.4295
• Open: 4.3315
• 1-Year Change: 8.72%
• Day's Range: 4.3315 - 4.4195

Trade Bytes Technology Group plc - BYIT

Bytes Technology Group plc (BYIT) provides software, hardware, IT security and cloud services. Established in 1982 and headquartered in Leatherhead, England, the company has over 450 employees in the UK and Ireland.

Bytes Technology sells an array of products, including laptops, servers and other devices, along with various cloud-based and non-cloud-based licences. It engages in providing internal and external training and consultancy services.  

Selling products and services under the Bytes Software Services and Phoenix brands, it offers software, cloud, data centre, data management, deployment and security services, as well as end-user computing, workshops and assessments. 

The company also provides services to professional clients, manufacturing, retail, central and local government, technology, media and telecoms industries. Bytes has partnered with Microsoft Corporation (MSFT) to offer resellers a platform for managing their customers subscriptions through alerts and renewal dashboards, and by providing support, billing and invoicing via an automated portal. Strategic partners include CrowdStrike Holdings, (CRWD) and Okta, Inc. (OKTA).

The company went public on the London Stock Exchange in December 2020, trading under the ticker symbol ‘BYIT.L’.