Jump to content
  • 0

Price issue?


GBro

Question

In my Workspace, the Spread Betting Positions folder shows the Schlumberger latest price at 7346.  If I open the Schlumberger Ltd dealing page, it shows Sell at 7346 and Buy at 8083, a spread of almost 750pts (c.10% of the mid-price).  This appears unusual and seems very large.  Is there a problem or is this really the spread?  

Link to comment

1 answer to this question

Recommended Posts

  • 0

Hi - this is the current quoted price on the All Sessions Schlumberger listing. This is an American equity which is trading in it's 'pre main session' listing, where liquidity is low and therefore spread is high. As we get closer to the main session in America (2.30pm UK time) you should see the spread reduce as liquidity improves. I hope this clarifies things, but if not please have have a look at the following. 

 

https://www.ig.com/uk/shares/out-of-hours-shares 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      20,065
    • Total Posts
      88,115
    • Total Members
      69,064
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Cueball
    Joined 02/10/22 20:33
  • Posts

    • SP500 US Stock Bear Market: AMZN, AAPL, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM, GS. Elliott Wave Technical Analysis  Stock Market News: OPEC to consider oil cut of over than 1 million barrels per day Stock Market Summary Elliott Wave Count: Elliott Wave Analysis - (iii) of v) of 3 of (1) Analysis US Stocks: Tesla TSLA, Amazon AMZN, Nvidia (NVDA), Apple AAPL, Microsoft MSFT, Berkshire Hathaway (BRK/B),Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS) Stock Market Trading strategies: Monday should follow Friday lower in the bearish weekly cycle. Holding short until Wave 3 for most stocks Video Chapters 00:00 SP500 02:11 Apple (AAPL) 03:18 NVIDIA (NVDA) 03:34 Amazon (AMZN) 05:00 Meta Platforms (META) 05:58 Netflix (NFLX)  07:23 Enphase (ENPH) 09:17 Tesla (TSLA) 10:20 Alphabet (GOOGL)  12:08 Microsoft (MSFT) 13:07 Berkshire Hathaway (BRK.B) 14:48 Block Inc. (SQ)  15:55 Banks JPM, GS 20:19 End. Thanks for supporting! Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com    
    • Dow daily Nothing new on the eastern front But maybe a bounce?        
    • I don't understand how the currency gain plays out if you hold USD denominated shares since I should have a massive gain on my account given the fact it is a GBP account (and you dont allow us to hold multiple currencies like IBKR does)
×
×
  • Create New...