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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
Celtic21
Hi can you be kind enough to answer the following question.
1. Can I sell stocks while they are in the ISA, if I sell can I transfer other stocks into the ISA account to top up the £20,000
2. Can I have more than one stock in this ISA
3. If I have one stock but its worth more than the £20,000 can I split the stock i.e. £20,000 ISA rest in my normal trading account.
3. What is the cost to set up the ISA with IG
4. Is there a particular form to fill in or do I contact a specific department
5. Note, I trade just now with IG
Kind regards
Paul
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