Jump to content

Why am I seeing message: "Closing only: Market unavailable to open"


Recommended Posts

I am quite interested in what is going on in the Bund this morning, fortunately when I attempt to place an order I see the below message:

Closing only: Market unavailable to open

Anybody know why?

Link to comment
6 minutes ago, ZR_ said:

I am quite interested in what is going on in the Bund this morning, fortunately when I attempt to place an order I see the below message:

Closing only: Market unavailable to open

Anybody know why?

Hi this happens with bunds occasionally, you will need to switch to the futures market, see pic below of previous answer to the same question.

image.png.c783f52334d6e75ef66ed62e1269cb01.png

  • Like 1
Link to comment
1 minute ago, larrytradingltd said:

Weird, you get it quite a lot but usually only on smaller caps, not large etfs! 

yeah, that was bunds specific, the 2 most common causes for the Closing only are that the market cap for the company has fallen below IG minimum and they will remove it from the platform once all positions are closed 

or,

IG has reach max risk tolerance for the market due to heavy one sided positioning and so are not allowing new positions until some positions have been closed, that might take hours, days, or sometimes even weeks

  • Like 2
Link to comment
2 minutes ago, Caseynotes said:

 

IG has reach max risk tolerance for the market due to heavy one sided positioning and so are not allowing new positions until some positions have been closed, that might take hours, days, or sometimes even weeks

Yep, this is the reason SB doesn't work too well for me 

  • Like 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,561
    • Total Posts
      96,851
    • Total Members
      44,133
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Daveg
    Joined 28/11/23 06:00
  • Posts

    • Binance's former CEO, Changpeng Zhao, has admitted to violating US anti-money laundering laws, which may result in him facing jail time. This news comes as a surprise to many, as CZ is highly regarded in the industry, unlike some other exchange founders who have been caught engaging in fraudulent activities.   The US Justice Department is now seeking a longer prison sentence than the initial 12-18 months and has also denied CZ's request to travel despite his trial starting in February 2024.   Following the news of Binance CZ's guilty plea, more than $1 billion was withdrawn from Binance as investors sought out more secure options due to the uncertainty surrounding the exchange and US regulations.   This raises the question of how this situation will impact the long-term future of cryptocurrency, as well as which exchanges are best for investors at this time.
    • Eli Lilly & Co., Elliott Wave Technical Analysis Eli Lilly & Co., (LLY:NYSE): 4h Chart 28 November 23 LLY Stock Market Analysis: Looking for triangle in wave (b) as we seem to be near the end of the correction. There is a potential head and shoulder pattern which would furthermore confer the count.   LLY Elliott Wave Count: Wave (b) of {iv}. LLY Technical Indicators: Below 20EMA.s LLY Trading Strategy: Looking for shorts into wave (c) on 580$ tested resistance. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here!         Eli Lilly & Co., LLY: 1-hour Chart 28 November 23 Eli Lilly & Co., Elliott Wave Technical Analysis LLY Stock Market Analysis: Looking for further continuation lower, with invalidation level standing at 625$.   LLY Elliott Wave count:  Wave e of (b). LLY Technical Indicators: Between averages. LLY Trading Strategy: Looking for shorts into wave (c) on 580$ tested resistance.    
    • Dear @TheDuiker, Thank you for your request. Please note that the above stocks already exist on our platform and can only be offered for institutional and share dealing accounts because of the high broker margin. Thanks, KoketsoIG
×
×
  • Create New...
us