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Significant price drop


Guest TheInvestor

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Guest TheInvestor

Hi Guys, do you know why sometimes there are significant price drop in IG's product but not seen elsewhere?

Take for example: Microsoft Corp (All Sessions) (DFB) 1d chart on 13-02-2020. The previous closing price was around 18,500. However, the opening price was around 9,000. It is almost 50% drop! I checked elsewhere but I did see such drop. Had I had a position on the previous day, the position would be completely wiped out!

Could someone please kindly illuminate me?

Thank you very much.

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  • 2 weeks later...
On 14/02/2020 at 13:15, TheInvenstor said:

Please see the attached picture. Btw, this is not the first time I see such occurrences.

Price drop.png

Hey,

Sometimes there are candlestick glitches however stops/ limits/ profit/ losses will not be impacted by the incorrect spike. Right at the end of the day we have to wait for our Australian technical team to get in and fix the glitched candlestick. Apologies for that. 

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