Brexit Update: for EEA clients - FAQs
How do I agree to the transfer to IG Europe after Brexit?
Due to Brexit your IG accounts with IG UK companies will be set to closings only on the 31st of December 2020.
We’ve established a new European entity, IG Europe, to ensure you can keep using our services after Brexit. To do so you’ll need to agree to transfer your account(s) to IG Europe by 8 January 2021.
How do I agree to the transfer?
Simply login to your account via My IG
Brexit Update: for EEA clients
As we’ll no longer be able to service EEA clients after the Brexit transition period ends, your CFD account will be set to ‘closings only’ from 31 December 2020. You’ll have at least 30 days to close your positions, before they are closed at the prevailing price from 31 January 2021. Your account will then be closed.
If you have previously agreed to transfer your account to IG Europe but have not received confirmation that the transfer has taken place, plea
You can find changes to trading hours over the Christmas period listed below, in UK time. Please make sure that you’re familiar with the changes, as they may affect your trades.
Date
Changes
Thursday 24 December
Half day in most markets. All out-of-hours markets close at 6.15pm, forex and cryptocurrencies close at 10pm.
Friday 25 December
All markets closed.
Retail traders:
As of 6 January 2021, new FCA rules mean that you will no longer be to trade cryptocurrencies using derivatives like spread bets and CFDs if you’re classified as a retail trader. Professional traders, however, can continue trading cryptocurrencies as usual.
You can find out whether you’re eligible to be classified as a professional using our criteria. Professionals are also eligible for lower margin rates, monthly rebates and credit facilities, amongst other fea
US jobs report preview: will markets look beyond slowing NFP trend?
Friday’s US jobs report looks unlikely to derail the vaccine-led optimism that has dominated the past month.
The November US jobs report due out on Friday provides traders with a fresh opportunity to gauge the direction of travel as the country continues to suffer at the hands of the coronavirus.
With the month seeing widespread optimism over the impending vaccines from Pfizer, Moderna, and AstraZeneca, we have se
Changes to trading hours over the US Thanksgiving period
There will be some changes to our normal opening hours over the US Thanksgiving period. Check the table below to find out how these could impact your trading.
Thursday 26 November:
US equity markets are closed.
US index futures close early at 6pm. We’ll make an out-of-hours price on Wall Street, US 500 and NASDAQ from 6pm until the futures reopen at 11pm.
The VIX closes early at 4.30pm.
US Crude closes
Will Synairgen shares keep soaring on new Covid-19 treatment?
Synairgen shares are up 30% on Friday following positive trial data, with its new Covid-19 drug containing a protein that reduces the odds of developing severe symptoms and accelerates recovery.
Synairgen shares soar 30% on new Covid-19 treatment
The Southampton-based biotech company’s drug accelerates patients Covid-19 recovery
Synairgen stock is up 2150% year-to-date.
Shares in Synairgen are rallying sh
Election special - weekly report
by Monte Safieddine @Monte_IG
We’ve been here before, polls that show one side enjoying a sizeable lead And while 2020 may have felt like more than a decade, the 2016 surprise is still relatively fresh in the minds of those wondering which party will control which of the three There have been plenty of polls done by countless organizations, but thus far most show a comfortable lead for Democratic candidate Joe Biden, and for the Democratic party to r
US jobs report preview: will NFP follow ADP rise?
The September US jobs report released on Friday provides traders with a fresh opportunity to scrutinise the economic recovery after months of improvements that have followed the first quarter (Q1) economic collapse.
Coming at a time when we have seen a resurgence for the dollar, the jobs report will be released at 1.30pm on Friday 2 October.
Tune in to IGTV live announcement and analysis this Friday at 1.25pm UK time on the IG plat
US presidential election: what does it mean for markets?
United States presidential election United States Donald Trump Joe Biden Brexit 2016 United Kingdom European Union membership referendum
Election a key moment for markets
The US presidential election is one of the most closely watched events in the calendar. Although it only occurs every four years, most of the preceding year is taken up with choosing candidates and deciding policy platforms, while the immediate aftermath is
Friday’s US jobs report could bring a bearish reversal for the dollar despite the ongoing bid to claw back jobs lost in March and April.
The August US jobs report released on Friday provides traders with another opportunity to take a close look at the ongoing economic recovery following the economic collapse that took hold in the first half (H1) of 2020. Capping off the week, the jobs report will be released at 1.30pm (UK time) on Friday 4 September.
ADP weakness could spell trouble fo
May bank holiday trading hours
There will be some changes to our normal opening hours over the public holidays in May. Check the table below to see how the changes could impact your trading.
We have tried to make this information as accurate as possible, but it is intended for guidance only and is subject to change.
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 13 April 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
Special Dividends
I
Changes to margin this weekend
We will be increasing a range of minimum margin rates on new positions only going into the weekend, as per the below. No impact for retails traders or markets where minimums are already higher and no changes to any existing positions.
Indices to 5% at 16:00 GMT
FX/Gold to 3% at 16:00 GMT
Oil (energies) to 15% at 16:00 GMT
We will revert to lower margins rates on Sunday with minimum rates of 1% Indices/FX and 5% Oil. Once again thes
Volatility reminder and extended weekend closure
Due to ongoing volatility, there is significant risk that markets may gap when they re-open on Sunday night. Please ensure that you’re comfortable with the size of your positions heading into the weekend, and also be aware that we may see circuit-breakers applied over the coming days – see below.
We urge you to do the following:
• Monitor your positions closely at all times
• Ensure you are comfortable with the size of you
Changes to opening hours from 8 March
Between Sunday 8 March and Sunday 29 March, US and Canadian markets will trade one hour earlier than usual in UK time. This is to reflect the start of Daylight Saving Time (DST) in the US on the former date, and British Summer Time (BST) in the UK on the latter.
Please note the following changes during this period (all times GMT):
• US & Canadian equities (including equity options) markets will be open between 1.30p
Dividend Adjustments 24 Feb - 2 Mar
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 24 Feb 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video
NB: All dividend adjustments are for
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 17 Feb 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutr
From the Data, Growth is Top Concern Again
If we were to gauge how much market movement is arising from scheduled event risk relative to those unexpected winds from the headlines, I would put greater emphasis on the latter. That can make for difficult trading conditions considering updates like the coronavirus spread do not abide a clear time and distinct categorical outcomes. In this kind of environment, it is more difficult to establish clear and productive trends as there is not a clear
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 10 Feb 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adju
An Economic Update on the Calendar and In the Public Eye
Concern over the course of the global economy was revived this past week with a few troubled indicators raising awareness, but the real interest was what arose in the market-based measures. With the recovery in capital market measures, the meaningful divergence in performance from growth-sensitive assets like copper and crude oil (with a 13-day consecutive drop and 13-month low respectively). In fact, the 60-day correlation – a three-
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 3 Feb 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjust
The Economic Costs Versus the Sentiment Costs of the Coronavirus
Interest in – or really, fear of – the spread of the Wuhan China-based coronavirus ballooned this past week. We could take an anecdotal peruse of the headlines, but I prefer something a little more quantitative. The global, financial-related search for ‘virus’ this past week hit its highest level in over 15 years according to Google. Their data only goes back to 2004, but there is a good chance that the SARS epidemic the year
Expected index adjustments
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 27 Jan 2020. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutr
Coronavirus Adds Another Wild Card for Sentiment to Absorb
When it comes to the standard themes I have been following closely these past few months – growth fears, trade wars and monetary policy effectiveness – there have been frequent updates and it hasn’t been particularly challenging to take their temperature at any particularly time. While the threat of a recession or trade war that threatens to encompass much of the world will not exactly inspire confidence among investors, the knowle