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Huge spikes not on any other broker.


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On 23/06/2020 at 17:42, lisamitch50 said:

Screenshot_20200623_174216.jpg.261038da4c338b0c40e32e365affcf38.jpgwhy is there a huge spike down on SHELL !! 

 

Did anyone else get this or is it just me!?  It's not on my other 3 share brokers accounts !!!

Thanks for your post. 

Sometimes we get quotes that cause spikes. If no one traded there we don't execute deals off that price. 

If it was a quote but no execution and it makes an anomaly spike our technical team will remove it on the platform shortly after it's happened. 

All the best 

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  • 3 months later...
On 20/10/2020 at 01:49, ASTER01 said:

Ooooo! So it`s very unstable!

Bitcoin is an unstable cryptocurrency, and it`s hard to make predictions about how it will cost next month or next year... Bitcoin's price is so volatile because of speculation. While it's possible to buy physical goods with Bitcoin in some places, the large majority of Bitcoin transactions are still investment-based. ... This buy-sell cycle is what makes Bitcoin's price so volatile.
Indeed, retail traders tend to buy and sell based on emotion and market hype, which can lead to significant swings in bitcoin's price. Retail traders are small investors that buy and sell bitcoin for their personal accounts. You need an fbs broker, to clarify the situation.

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  • 3 weeks later...
On 25/06/2020 at 07:47, CharlotteIG said:

Thanks for your post. 

Sometimes we get quotes that cause spikes. If no one traded there we don't execute deals off that price. 

If it was a quote but no execution and it makes an anomaly spike our technical team will remove it on the platform shortly after it's happened. 

All the best 

What happen if that spike, not seen in any other broker, cost you a stop triggering? and making a loss?

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On 25/06/2020 at 07:47, CharlotteIG said:

Thanks for your post. 

Sometimes we get quotes that cause spikes. If no one traded there we don't execute deals off that price. 

If it was a quote but no execution and it makes an anomaly spike our technical team will remove it on the platform shortly after it's happened. 

All the best 

Many other markets show such kind of spikes, what happen if that spike, not seen in any other broker, cost you a stop triggering? and making a loss?

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23 hours ago, Efrain said:

Many other markets show such kind of spikes, what happen if that spike, not seen in any other broker, cost you a stop triggering? and making a loss?

If the spike is incorrect it will not trigger your stops/ limits.

If for any reason the spike does (which is extremely rare), IG would be able to see this and would reinstate the position. 

All the best 

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