Market Makers widening the spread and closing of positions

[Guest Kiwi10]

 

On Friday the market makers widened the spread on one of my positions to over 16% Bid was .60/Ask was .70 with no trades (sells) processed any lower than 8% above the bid throughout the day .6402, my positions were subsequently reduced and closed out right on the bid at .60. I've been with IG for almost 8 years now and have never seen anything like this happen before although I have heard of it happening.  I cannot see how this complies with the new mifid 2. Has anyone else got experience with this?

[Guest PandaFace]

Stock name? If volume trades then it’ll trigger S&L’s. Maybe worth getting on IG directly or someone with L2 to get time and sales volumes.