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"Closing only: Market unavailable to open" - which stocks are on this list?


TheBasher

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I have open positions on CCIV, was tempted to close some out yesterday and rebuy at a later stage ie: post merger. However, since yesterday CCIV has been set to closing only, so no new positions can be opened for the forseeable furture...when will you lift this restriction?

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On 16/02/2021 at 14:47, Fingersxxd said:

I'd be interested in this. I've lost count of the number of times i've spotted an opportunity, only to set a buy order and find the market isn't tradable from a CFD account.

 

This keeps happening to me, I do my DD and want to put in the trade and I can't trade, or open a sell position.

 

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On 29/03/2021 at 20:00, InfaRedd said:

This keeps happening to me, I do my DD and want to put in the trade and I can't trade, or open a sell position.

 

I have been having the same issues. Keep getting an error message " MARKET ONLY TRADEABLE IN STOCKBROKING - This stock is only available for non leveraged trading" I haven't been leveraging so I don't quite understand.

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This is the only thing that frustrates me about IG. Great platform and options, but I seem to missing out on most if not all opportunities I discovery through my DD due to this.

Can sometimes catch them if I identify them in premarket before it seem IG has, but shortly after market open it will be put on this "HOLD".

Makes me wonder if IG has a limit on the % difference a stock can make in premarket before they lock it down to being none tradable. 

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On 16/02/2021 at 14:47, Fingersxxd said:

I'd be interested in this. I've lost count of the number of times i've spotted an opportunity, only to set a buy order and find the market isn't tradable from a CFD account.

 

Same here. any clue why this happens? 

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1 hour ago, Guest Jae said:

Same here. any clue why this happens? 

Hi Jae

Thank you for the query, 

All shares that we offer on leveraged trading need to satisfy our internal risk parameters. These risk parameters are more onerous for leveraged trading(CFD and Spread betting) than non-leveraged trading(Share-Dealing and ISA). So there are stocks that are available on a share dealing or ISA account that you are not able to trade on a CFD or Spread bet account. On the platform you can see this in the market info section.

All the best

Anda 

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