Jump to content

After hours sometimes does not trade and NASDAQ fees?

Recommended Posts

Greetings,

Two questions:

1.Sometimes afterhours I set a buy order at a price that matches current price but it just sites there, even if I increase my bid just stays there, share is TSLA, any ideas what causes this? It would be odd to think there is noone wanting to sell, am I doing something wrong? I have bought fine after hours similarly but sometimes it just sits there ?

2.I've converted my funds > USD and when I trade and check my statement for there are no fees for trading, is this normal and correct? NB I have manually converted the currency. Oh yes there is a small fee of $0.xx but no major fee? Very happy about this but the help says if trading on NASDAQ in USD there should be a minimum fee of $15 but I don't see this anywhere ??? Am I missing something obvious.

Sadly the support help are not very helpful 😞 going in circles here.

Martin

Share this post


Link to post
12 hours ago, BRI said:

Greetings,

Two questions:

1.Sometimes afterhours I set a buy order at a price that matches current price but it just sites there, even if I increase my bid just stays there, share is TSLA, any ideas what causes this? It would be odd to think there is noone wanting to sell, am I doing something wrong? I have bought fine after hours similarly but sometimes it just sits there ?

2.I've converted my funds > USD and when I trade and check my statement for there are no fees for trading, is this normal and correct? NB I have manually converted the currency. Oh yes there is a small fee of $0.xx but no major fee? Very happy about this but the help says if trading on NASDAQ in USD there should be a minimum fee of $15 but I don't see this anywhere ??? Am I missing something obvious.

Sadly the support help are not very helpful 😞 going in circles here.

Martin

If you're selling them on a share dealing account and trading before 14:30 (GMT) or after 21:00 GMT you have to have the limit (all sessions) order type. If this is not selected they you're order instructions are set to only work in the main market 14:30 - 21:00. 

The commission fees are taken on the day you buy and sell the shares. ( not the day the funds settle ) so the fees may be around 2 days before the funds are taken (when you buy) and credited (when you sell). Further to this we do have a much lower commission fee but not as low as £1. 

https://www.ig.com/uk/investments/share-dealing/costs-fees

As you can see, if you trade US shares three times in the previous month you will get to trade them commission free the next month. 

All the best

Share this post


Link to post

Thanks a lot. I see the after hours trading closes at midnight GMT but NASDAQ still continues trading after this time, is there a reason the IG after hours trading timings does not cover the full times of NASDAQ after hours?

About the fees it is odd as I converted funds > USD balance.

But your notes imply there are fees if you don't opt for auto-conversion so I am confused. Can you update info on your site to accurately match the actualities please!

Fees show as GBP 10 initiall then zero:

http://prntscr.com/s8jgpw

Does the above report accurately reflect commissions charged? I my case I have nothing after 31/3 which indicates there is no charge, but my balance is not in GBP it is held in USD so I am very confused!

Is there some later commission bill that will come delayed ???

Martin

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×