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10/06/21 10:53
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Posts
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Hello, Is any interest paid on "available" cash (not "margin") in a spread betting account? For example, if I held £10k in an account and had no open positions. The reason for asking is that I understand that proceeds from short sales in a CFD will receive interest (benchmark-2.5%), so was wondering if that applied to all cash, and couldn't find an answer on the web site. Thanks. -
Hi @Mark12 If you are trading shares, you will have the option to place a limit order to sell your existing position. When the market opens, please check if your order level is close to where the market is trading. All the best, OfentseIG -
We have to wait until Friday to find out if the UK economy skirted a recession. Richard Snow, foreign exchange analyst at Daily FX, tells IGTV’s Jeremy Naylor that after the third quarter contraction of 0.3%, there is a risk around the incoming data for the fourth quarter. Here he discusses GBP/USD as a trade to go short. But what if GDP comes in slightly higher? Richard says that is likely to be largely academic and that he believes the short trade will prevail. Jeremy Naylor | Writer, London | Publication date: Friday 03 February 2023
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Question
Eddy1
Hello,
I tried to initiate a transfer from within "My IG" and clicking 'Start request now' from the 'Stock transfer' menu option. I selected 'No' for all the boxes on the first page.
I completed the form and then printed it off, only to notice it said "For transfer of non-ISA shares and non-SIPP, ETFs and ETCs from another broker into your IG Share Dealing account".
I replied to the confirmation email asking for this transfer to be cancelled, but I have not yet received a reply in nearly two days. My account still shows the transfer as in progress.
I would like to know how to actually transfer my ISA to IG, and cancel my previous request if it isn't a valid way to do so.
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