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Transfer money within different currency trading account


jimyong

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      10/06/21 20:53

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  • Posts

    • Hi @rotarymotor, The Trade analytics feature is in a Beta stage, the development team is adding functions and it is only available to CFD accounts.  I will raise your feedback to add this tool for share trading and ISA accounts. I haven't heard about a time frame at this point. All the best - Arvin 
    • Are you mixing up platform annual charge with the ongoing charge within a specific fund?  I thought IWEB charged one off £100 when you open account, then there is no annual  platform charge   If you mean the fund ongoing charge eg this is from  VOF on  harg lansdown platform - the 1.84% is taken directly from the VOF fund itself (almost behind the scenes , so you don't see it!) so its not taken from you account cash as such...     
    • If there's one thing more frustrating than the end of a great illusion, it's a bubble being popped...sleepy Joe Biden and his darn  strategic petroleum release ruins a good thing for all concerned...all being loosely termed as those on the inside (producers, refiners, traders, hedge fund money managers), Joe/Joleen public on the outside were the ones being comprehensively abused through record prices at the pumps. It is doubly frustrating as there is so much and many worthy of blame for these circumstances:- Putin and his war (special military operation?), Covid unpreparedness, sleepy Joe Biden and those darn lefty lunatic democrats. It's not like economic recovery was unexpected and with it concomitant energy use, or even the looming spectre of war in Ukraine (since 2021) and subsequent sanctions on Russian energy, on which Europe was so dependent.  Never entered calculations.  However, responsibility to shareholders is an over riding factor regardless of market requirements, even if it requires squeezing your customers dry and exacerbating inflation. Shareholder value is paramount.  WTI may well be almost at parity with Brent, which is most rare. But the real money and record margin is in refining. How to double your money at 90% capacity? Work a crisis. Create  a shortage. A dearth of diesel apparently. Even if there are lakes of it in Canada, an already existing pipeline away. Europe is exporting Gasoline to New York to get some of those mega bucks.  Russia is still exporting 66% of it's Oil and distillates at hefty discount to spot. Gas is exempt from sanctions in Europe. This inconvenient knowledge detracts from the melt up of Gasoline...to the moon...May gasoline futures market  is trading 1000 points higher than spot( again), last day of April futures trading  the price melted up 1500 points and settled 700 points above spot! Obviously no arbitrage opportunities there, just an orgasmic price love in for those involved. They are fixing to do it again this month, except sleepy Joe and his darned release of strategic reserves getting in the way, plus  price destruction from high prices and low volumes leading to higher stocks of WTI and Gasoline drawdown being less than hoped for. Who would have thought? Chicago CBOB had realised the game and were refusing to play and have been consistently trading at 2300 point +/- discount throughout.  Obviously, no one in forward planning at Big Oil HQ, or commodity trading houses, or Hedge fund money managers thought of any of these scenarios and were simply looking after Joe and Joleen Public and saving them from energy price shocks,(while making reasonable profits) as opposed to exploiting the situation for record profits and bonuses and then blame Putin the **** (for he has become one) or sleepy Joe Biden and his incompetent lunatic leftish public servants. There is no shortage of oil, China has lots of it when it returns to work next year, America has lots of it, Europe has somehow manged to source enough of it. There are reserves a plenty and barring a nuclear war Russia will continue to export a sh*t ton of it at a discount. The illusion of Oil and gasoline shortage is just that; an illusion. And darn sleepy Joe Biden is doing his utmost to pop it. What a donk.
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