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Why 30 point gap down in FTSE100 spreadbet at 16:30


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Please could someone explain to me why there was a 30 point gap down at 16:30 in the FTSE100 cash spreadbet price?

It isn't reflected in other spreadbet companies, which are showing prices currently around 7680, whereas IG has theirs at around 7650.

Thanks in advance.

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14 hours ago, hhhtrads said:

Please could someone explain to me why there was a 30 point gap down at 16:30 in the FTSE100 cash spreadbet price?

It isn't reflected in other spreadbet companies, which are showing prices currently around 7680, whereas IG has theirs at around 7650.

Thanks in advance.

Hi @hhhtrads,

This is due to the dividend adjustment on the FTSE 100 for 29.33 points that occurred yesterday. You can find more details about the dividend adjustment here: 

Regards,
AshishIG 

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Thank you Ashish for your prompt reply

N.B. - though MUST remember to adjust any STOPs and/or LIMITs in advance, as despite "not materially gaining or losing" this only applies if the position stays open.

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