knockout Maximum Risk Price

[Guest jasonlal]

I've been using the Knockout products at ether 1 or 2 pound a point. They have normally been priced between £60 - £270. Any reason why on the DAX today, just to put £1 per point in a bearish position is costing nearly £600? 

[Caseynotes]

Hi @jasonlal, it maybe because the Dax has been particularly volatile today compared with the last several weeks.

[Guest disgruntled trader]

KO margins have been increased supposedly to stay inline with ESMA regulations, without any prior notification.  moving the goal posts again.

[Guest jasonlal]

6 minutes ago, Caseynotes said:

Hi @jasonlal, it maybe because the Dax has been particularly volatile today compared with the last several weeks.

Thanks @Caseynotes Typical when I was about to enter into a bearish position lol 

 

[Caseynotes]

11 minutes ago, jasonlal said:

Thanks @Caseynotes Typical when I was about to enter into a bearish position lol 

 

Made a very strong bullish open today but has been flying about all over the place ever since and unable to make up it's mind, as seen in the 5 min chart below. Look out for the US open at 2:30, the Dow may give it direction.

 

[Guest fredirico]

KO margins have been increased supposedly to remain inline with ESMA regulations, so margin requirements are now almost 4 fold of previous requirements. more like moving goal posts again.

[Harryhaha]

Disgruntled myself.... Lost a few quid wasn't bothered as could make it back, but now they've moved the goalposts. 

By making this alteration are IG admitting some previous wrongdoing??

[Caseynotes]

Hi @Harryhaha,  not IG but esma had a change of mind. See last few posts and linked article in this thread >