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Showing content with the highest reputation on 23/03/21 in all areas

  1. I would like to pose a very simple question to IG. Whilst increasing margins to 100% on shares like GME & AMC, due to volatility, is understandable, how does restricting buys on share purchases help anyone but the hedge funds currently losing money. By restricting further purchases, existing shareholders (which does not include me) are clearly being encouraged to sell and cannot buy, which will ultimately result in the share price cratering. Am I missing something or is this an obvious case of market manipulation ?
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  2. Example scenario: I own 30 shares of Company XYZ. The price per share of XYZ reaches $1,000,000. I place a sell limit order of 30 shares priced at $1,000,000 each for a total of $30,000,000. If it is during operational hours of the market and there is a buyer, the trade should execute and IG won't limit the transaction? There was a restriction on buying GME and AMC (there shouldn't have been) at one point so curious if the reverse can happen. Thanks in advance.
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  3. afaik, ig will not charge spread as well if you hold all the way to expiry. the only problem is you have to open each of them separately and lose bit of precision with the underlying price and strike prices moving all the time on either side of call/put. which means if you close early you'd have to close the separately too. Also there may be a catch of 30 second (or some time) limit in some markets, with the amount of buying and selling you could place.
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  4. yes it should be similar result at expiry imo, ig is commision free but will have a wider spread and you get the credit at expiry (or if you close early) if the trade goes in your favour.....as you say, saxo gives credit upfront , but you pay commission for opening and closing the trades.....saxo however is quite expensive vs interactive brokers, tastytrade , firstrade etc
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  5. IG Markets Please Explain! Yesterday I found I was unable to purchase leveraged shares of AVZ despite historically being able to and having current open positions on the same stock. I have been advised by someone on Hot Copper that AVZ and 1100 other stocks have been removed from your CFD offering. I have also been informed on Hot Cooper that I have until next Friday 26/02/21 to close my position or provide 100% of the margin requirement otherwise the position will be closed. Any open positions 30 days after this will be closed with these shares being delisted complete
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  6. But you offered GME and AMC, then restricted all buying at a time people when wanted to buy it the most.
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  7. I complained to BBC watchdog: https://www.bbc.co.uk/send/u23123288?ptrt=https://www.bbc.co.uk/programmes/b006mg74 Historically media attention had greatest multiplier
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  8. also the huge loss they caused to their customers by imposing these unlawful restrictions to drive stock price down and forcing small individuals to sell at loss, in order to help these WS hedge funds
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  9. Well, there is at least one in their inbox. I would encourage everyone one affected to also report IG to the FCA.
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  10. OKAY - I'm assuming that you'll read those books, understand about expectancy, risk, position sizing etc as it's absolutely vitally Important - It's a massive reason that most people fail You need to treat trading as a BUSINESS, most people can't run a business either, so you have the double whammy of people failing to run a business properly, sticking to rules, techniques, trades when they show up (discipline basically) and a complete lack of understanding for risk and position sizing If you end up blowing up an account It's most likely going to be because you've ignored running yo
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