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FORCE CLOSING OF AN INDICES

CZ1

By CZ1,
in Indices and Macro Events

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CZ1 New Contributor

CZ1

Posted
Posted (edited)

More than a couple of times Ive been long or short on Indices that IG have decided to stop trading. I have had to close these trades, often at a loss. Its been particularly annoying as three out of four of them would have shown a profit in time, 350 oil and equipment services as an example. I appreciate that for whatever reason their trading set changes, but to force close seems unfair to the trader. Im now hesitant to have a punt on anything but the standard Indices with IG.

Does anybody know what my legal rights are here?

Thanks.

Edited by CZ1
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