Jump to content

Can IG staff see users' account balances and transactions?


Recommended Posts

Can IG staff see users' account balances and transactions?

I was just thinking, if IG staff spotted users who they thought were performing exceptionally well, could they then mimic those user's actions personally themselves?

 

Edited by Mark8787
Link to comment

Hey - certain teams can see your trade activity (such as the dealing desk, client services so they can assist with dealing questions, and account managers if you have one). Trading on the actions of clients is illegal, and we have a number of automated functions in place to stop this happening. It's worth noting that its highly likely that this is the same for all deal execution brokers and share dealing platforms - I wouldn't be able to see how they could function otherwise! 

  • Thanks 1
Link to comment
On 20/07/2019 at 11:18, Mark8787 said:

Can IG staff see users' account balances and transactions?

I was just thinking, if IG staff spotted users who they thought were performing exceptionally well, could they then mimic those user's actions personally themselves?

 

 

Have you heard of the A book/B book thing?

They have to hedge all their trades.  If you mainly lose money they can reliably hedge by going in the opposite direction to you, but if you mainly win money they either need to pair you with a 'loser' or trade with you on their own account.  :D

 

Edited by dmedin
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
      20,157
    • Total Posts
      88,292
    • Total Members
      69,135
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    JULS
    Joined 07/10/22 17:54
  • Posts

    • Hi @greenscorpio1000 Unfortunately we do not have this feature on the mobile app. You can only access the Swap rates on the web platform. The screenshot attached is an indication of todays rate (now at -2.67) which will be a charge on the account. Please note that open positions held through 10pm (UK time) on Fridays will be adjusted for three days’ worth of funding to cover the weekend. All the best, O.D
    • Recent commentary from a number of high-profile Federal Reserve members indicates their willingness to keep up the pressure on fighting inflation.   The incoming consumer price inflation (CPI) data on Thursday will be key and may surprise on the upside as has been the case for much of this year. IGTV’s Jeremy Naylor looks at EUR/USD.          
    • Market data to trade the week starting 10 October: US earnings; US CPI For equity traders it’s the start of another period of intense activity as third quarter earnings begin to be released. IG technical analyst, Axel Rudolph FSTA, looks at the chart of JP Morgan (JPM) as an opener. Axel also examines a trade around US inflation and chooses to analyse the S&P 500.          
×
×
  • Create New...