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ArvinIG

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Everything posted by ArvinIG

  1. Hi @Loveys, The app background changes in accordance with your your phone settings. If you change your phone settings to light or dark mode the app should synchronize with that choice. You can also select the theme on the desktop version Once changed your app should change too, light mode being the default option. I hope that it helps. All the best - Arvin
  2. Hi @Kaz3366, We apologies for the technical difficulties, the IT team is working on it at the moment. You can find the form here https://www.irs.gov/pub/irs-pdf/fw8ben.pdf Once complete you can send it to newaccounts@ig.com to be uploaded on your account. Thank you - Arvin
  3. The Persimmon share price has risen slightly since yesterday's trading statement. But with lenders increasing mortgage rates, the future is far from certain for the FTSE 100 housebuilder. Source: Bloomberg Shares Price Persimmon plc Inflation Real estate economics Interest rate The Persimmon (LON: PSN) share price is highly cyclical. It was 1,687p five years ago, before rising to 2,880p by 8 June 2018. It then slowly fell to 1,900p by 30 November 2018. After recovering to 2,468p by 22 February 2019, it fell again to 1,841p on 16 August 2019. Next, it rocketed to 3,282p by 21 February 2020. However, the onset of the pandemic saw it fall 50% to 1,622p by 3 April 2020. But less than a year later, it had risen to 3,238p on 1 June 2021. Since then, Persimmon's share price has fallen to 2,690p. And it could sink further. Where do you think the Persimmon share price will go next? Take your position on UK shares for just a small initial deposit with spread bets or CFDs. Spread bets are completely tax-free, while CFDs are free from stamp duty. You can also buy and take ownership of UK shares for just £3 with us. Open an account to start trading or investing in UK shares. 1. Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK. 2. Deal three times or more in the previous month to qualify for our best rate. New to IG? Persimmon share price: trading update But Persimmon struck a bullish tone for the future. CEO Dean Finch said that ‘Persimmon continued to perform well through the period against a backdrop of healthy demand.’ He further commented that ‘healthy selling prices and our off-site manufacturing capabilities are mitigating inflationary pressures.’ And the numbers support his claim of a strong performance in the period. Average reservations per site of private new home sales are around 16% higher than in 2019. In terms of growth, Persimmon expects to deliver around 10% more completions in 2021 compared to 2020. £1.15 billion of forward sales are reserved beyond 2021, £200 million more than in 2019. Encouragingly, customer satisfaction is over 92% for the survey year. Moreover, the group is in a strong financial position. It’s spent £380 million on new land for building year-to-date and has maintained a healthy cash balance of £895 million. Given these positive metrics, it might be surprising to the casual observer that the Persimmon share has fallen 16% in the past six months. But there are several potential explanations. Start trading now? Source: Bloomberg Persimmon's outlook Persimmon believes that ‘the fundamentals of the UK housing market remain strong, with good levels of consumer demand and confidence, mortgage availability and low interest rates.’ But like competitors Taylor Wimpey and Barratt Developments, the Persimmon share price is highly cyclical. And the UK housing market might have peaked, with average prices rising 10.6% in the past year to August 2021 to £264,000. While Strutt and Parker believe prices could rise another 7% in 2022, this is far from guaranteed. In the near term, winter is traditionally quieter for the housing market. And while the ‘race for space’ may be continuing, the end of stamp duty holiday in September will take some heat out of the market. One key concern for Persimmon is the effect of inflation and interest rates on UK house prices. The company said it will ‘continue to manage the inflationary pressures in the industry well and anticipate that margins will remain resilient.’ It acknowledged the ‘continuing concerns relating to the pandemic on cost inflation and the supply chain and their impact on interest rates, consumer confidence and the UK economy.’ But house prices are determined by mortgage affordability. The base interest rate has been held under 1% for over a decade, and the Bank of England held off from raising it last week. However, mortgage rates are already increasing in anticipation of rises in 2022. And as banks generally limit mortgage borrowing to 4.5x earnings, there comes a point where prices will stagnate as buyers become unable to meet the leveraging requirements. With inflation set to hit 5% in April next year, and supply chain issues remaining stubbornly persistent, the cost and availability of building materials could become a profitability problem. Moreover, if there’s a housing market correction, Persimmon will get less money for the homes it sells. But the builder believes it can ‘successfully manage these uncertainties.’ Persimmon does offer an attractive dividend yield of 8.9% and boasts a very reasonable price-to-earnings ratio of around 11. If inflation is indeed transitory, and interest rates remain low, the Persimmon share price could rise again. But unfortunately for the housebuilder, this decision is out of its hands. Trade Persimmon shares Charles Archer | Financial Writer, London 11 November 2021
  4. Hi @titanfxmalaysia, If you referring to offering accounts, yes we do : https://www.ig.com/en/application-form If you mean having access to the Malaysian stock exchange, unfortunately it is unavailable on our platform. All the best - Arvin
  5. Australian Dollar remains lower on Chinese inflation data and China’s CPI and PPI gauges show increasing price pressures. Source: Bloomberg Forex Shares China Price Inflation Australian dollar The Australian Dollar remained slightly lower through the Asia-Pacific session after Chinese inflation data crossed the wires. China’s consumer price index (CPI) for October was 1.5% on a year-over-year basis, according to the National Bureau of Statistics (NBS). That was over the median consensus forecast of 1.4% y/y and up from September’s 0.7% increase. China’s factory-gate prices also increased in October, with the nation’s producer price index (PPI) rising 13.5% y/y, up from September’s 10.7% rise. The higher input costs for factories come as the world deals with lingering supply chain issues from the Covid pandemic. Surging energy costs likely contributed to October’s PPI increase, with coal, oil, and natural gas prices at or near multi-year highs. Policymakers have taken several steps in recent months to cool rising prices, ranging from allowing some previously banned Australian coal imports to clear customs to release stocks from strategic national reserves. A slowdown in China’s property sector, which has been exacerbated by the Evergrande crisis, is also clouding the outlook for Asia’s largest economy. The price of Fantasia Holdings – another embattled Chinese property developer – is down 50% in Hong Kong after failing to make a coupon payment due last month. The stock started trading on Wednesday for the first time since being suspended in late September. Traders will shift their focus to US inflation data due out tonight. Australian Dollar technical outlook AUD/USD faces downward pressure, with prices eyeing a second daily loss. The 50-day Simple Moving Average (SMA) is underpinning the currency pair through Wednesday’s session, but if that level gives way bears are likely to achieve a further push lower. For now, with MACD and RSI aiming lower, the most likely short-term path is biased to the downside. Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Thomas Westwater | Analyst, DailyFX, New York City 10 November 2021
  6. Hi there, Please reach out to newaccountenquiries.uk@ig.com, the account opening team will be able to check if your documents were effectively verified. They will be able to advise when your account will be open as well. All the best - Arvin
  7. Hi @Furlls, I have submitted your request. All the best - Arvin
  8. The Rolls-Royce share price has risen 5% to 149p. It's announced £450 million in funding from the government and private investors for the development of mini nuclear reactors to kickstart the UK's green economy. Source: Bloomberg Shares Roll-Royce Nuclear reactor United Kingdom Nuclear power Price The Rolls-Royce (LON: RR) share price is no stranger to volatility. Shares in the multinational aerospace and defence company hit an all-time high of 1,159p back in December 2013. It then fell to 531p by 29 January 2016, before peaking at 1,088p on 3 August 2018. Slowly sliding in value, the pandemic’s effect on the aerospace industry saw it sink to an all-time low of 69p on 6 November 2020. Since then, Rolls-Royce has been on an aggressive £2 billion cost-cutting mission whilst landing multiple new contracts in the past few months. At 149p today, it’s risen 115% over the past year. And with increasing government investment in the company’s ventures, it could have further to rise. Where do you think the Rolls-Royce share price will go next? Take your position on UK shares for just a small initial deposit with spread bets or CFDs. Spread bets are completely tax-free, while CFDs are free from stamp duty. You can also buy and take ownership of UK shares for just £3 with us. Open an account to start trading or investing in UK shares. 1. Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK. 2. Deal three times or more in the previous month to qualify for our best rate. New to IG? Rolls-Royce mini nuclear reactors Rolls-Royce has now secured the funding to develop state-of-the-art mini nuclear reactors. The company said that ‘Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a period of around three years. The funding will enable the business to secure grant funding of £210 million from UK Research and Innovation funding,’ as part of the government’s green 10-point plan in the wake of COP26. Rolls-Royce will increase funding by £50 million in the second phase. One key advantage of the mini reactors is that they are cheaper and faster to roll out than current large-scale reactors. For example, Hinkley Point C, which is still under construction, had an initial price tag of £18 billion. But it’s already risen to £23 billion. Rolls-Royce said it would ‘harness decades of British engineering, design and manufacturing,’ to roll out the first of the mini reactors, with each generating enough electricity to power 1.3 million UK homes. Costing £2 billion, they generate significantly cheaper electricity than the traditional large-scale reactors. And with 20% of the UK’s electricity currently generated by large-scale nuclear reactors that are due to retire by 2025, Rolls-Royce seems to have identified a profitable gap in the market. CEO of the new SMR (small modular reactor) consortium, Tom Samson, said it would ‘deliver a low cost, deployable, scalable and investable programme of nuclear power plants,’ describing the deal as a ‘major vote of confidence in British nuclear technology.’ The first SMR is planned to go online by 2031, with plans for 15 more as the project advances. And Business Secretary Kwasi Kwarteng said it was a ‘once in a lifetime opportunity for the UK to deploy more low carbon energy than ever before.’ He also highlighted the potential for the UK to become a ‘global leader in innovative nuclear technologies we can potentially export elsewhere.’ Trade Rolls-Royce shares Source: Bloomberg Rolls-Royce share price: Where next? If this share price story seems familiar, that’s because it is. On 27 September, Rolls-Royce announced a new $2.6 billion contract to supply and maintain engines for the US air force. The share price rose 10% to 147p, before falling back to 131p by 29 October. A similar fall after today’s announcement is perfectly possible. But the company expects a return to profitability in 2022. And its £2 billion disposal program is continuing apace — yesterday, it completed the sale of its civil nuclear business to Framatome. CEO Warren East says that this ‘leaner cost base together with a strong liquidity position’ will give Rolls-Royce capital to grow when global aviation travel recovers. And the new nuclear deal is not its first piece of green news this year. It’s designed a new Ultrafan engine that will be 25% more fuel-efficient than current models, with a power gearbox that recently broke the aerospace world record. Meanwhile, Rolls-Royce has committed to being a net-zero company by 2050. The Rolls-Royce share price is 87% below its all-time high. It’s unlikely to rocket ten-fold anytime soon. But the disposal of non-core assets to focus on new profitable ventures could see a slow long-term price recovery. Start trading now? Charles Archer | Financial Writer, London 10 November 2021 00:35
  9. Hi @Mitun122, I have edited your post. As it is a public platform for your own safety we are removing and personal details from the Community. Please reach out to accountopening.en@ig.com. The account opening team will be able to come back to you with further details on your application. All the best - Arvin
  10. Coinbase Q3 earnings - What to expect? Coinbase will report its third quarterly results on November 9th. The market is expecting a double-digit decline in revenue and a downsized EPS at $1.79. Source: Bloomberg Shares Coinbase Cryptocurrency Technical analysis Economics Investment Coinbase will report its quarterly results on November 9th. The report will be for the fiscal quarter ending September 2021. What to expect from Coinbase’s Q3 results forecast It’s never easy to forecast Coinbases’ earnings and this quarter will be another test. For the last two trailing quarters, the reported earnings both delivered a major surprise to investors. Last quarter was a glass dropping earnings beat with a positive 157% surprise to the EPS forecast. For Q3, which is widely expected to see shrinking earnings, the consensus EPS forecast for the third quarter is $1.79, only half to its Q2 earnings per share of $3.45. Quarterly earnings suprise amount Fiscal quarter end Date reported Earnings per share Consensus EPS forecast % Surprise June 2021 08/10/2021 6.42 2.49 157.83 March 2021 05/13/2021 3.05 3.88 -21.39 Source: Nasdaq.com It seems not a big surprise to market if a double-digit decline in revenue is to be disclosed from the report. A slide in both trading volume and active users is also expected on the card. Early this quarte wild volatility across the broad cryptocurrency sector is likely to weigh heavily on investor optimism and participation, based on Bloomberg’s data, market-wide cryptocurrency trading activity was down as much as 37% in the third quarter compared to the second, especially during July. Recovery has been seen towards the end of September but with a limited range to offset the loss from earlier. As a result, trading volumes is forecast to see over 30% drop from $462 billion in Q2 to $309 billion. Wall Street also expects total revenue to come in at $1.57 billion. That would represent a 548% dramatic jump from one year ago, although down from the record $2.22 billion booked in the second quarter. Competition growth within the booming cryptocurrency community is also expected to have a squeeze on Coinbase’s MTU (Monthly Transaction Users) growth and profitability. Coinbase Global Inc's MTU base has experienced an explosive growth year. The number of MTU has turned 5.8 times from 1.5 million in Q2, 2020 to 8.8 million in Q2 this year. However, Q3 may see a pullback from this strong growth. The number of MTU is estimated to slip to 7.1million but the verified users are expected to grow from 68 million to 72 million. Source: Nasdaq.com Fiscal quarter end Consensus EPS forecast High EPS forecast Low EPS forecast Number of estimates September 2021 1.79 2.29 1.35 6 December 2021 1.82 2.75 0.88 5 March 2022 2.06 2.94 0.98 4 June 2022 1.85 2.96 0.87 4 September 2022 1.73 3.03 0.73 4 Source: Nasdaq.com Coinbase share price technical analysis Q3 may not be the best quarter for Coinbase this year due to the industry-wise trading environment. However, Crypto economy is still in its early stages, and it’s already clear that increased economic activity will take place in this new battlefield. With an aggressively growing user base and innovative product offering, this company is well positioned to seize the significant opportunities for growth and investments. The fact that its share price has entered a steep upward trajectory since the end of September and surged 35% since then has shown the level of confidence from its investors. The future prospect from the Q3 earnings and the outlook for Q4 will be a key watch for Coinbase, who needs to prove that the drop in activity during the early third quarter will not be a long-term trend. From a technical standpoint, the momentum for Coinbase is skewed to its upward moving channel formed from the end of September when major cryptocurrencies like Bitcoin Group SE started to fly over the roof. But what also cannot be ignored is the RSI that has turned downward, and the up long tail of recent candlestick hints on a near-term pullback might be on the card before further gains. The level at $340 is showing a decent support before the earnings report. However, if a further drop does occur, the next supporting level will be at near 20-days SMA at around $307. Looking up, immediate resistance can be seen at $348 from April 15, beyond this level there isn’t that much to go on. Perhaps the upper band of the rising channel at around $400 would be the next exiting level to aim for. Source: IG charts Hebe Chen | Market Analyst, Australia 09 November 2021
  11. Hi Harold, Once you right click on the chart you can find the indicators. The "i" will give you information on the indicator. I hope that it helps. All the best - Arvin
  12. Hi, Good ‘til cancelled: GTC orders remain working until you cancel them yourself, or until they have been filled I hope that it helps. All the best - Arvin
  13. HI @Ackbullchang, It is possible when the volatility is high, that the quote can't be executed as it has expired. Please reach out to the helpdesk.uk@ig.com with your account details. The team will be able to go through your orders and assist you further. All the best - Arvin
  14. Hi Bindu, What is the error message that comes up when you are trying to place an order? Thank you
  15. ¿Puedes hablar en inglés por favor? un cordial saludo - Arvin
  16. Hi FungLee, If you go on My IG > Settings > Dealing US stocks, could you please confirm that you have a valid W-8BEN form? Thank you - Arvin
  17. At 23,540 points today, the FTSE 250 is only 2.7% below its record of 24,194 it hit on 3 September. And with the base interest rate remaining at 0.1%, it could go further. Source: Bloomberg Indices Shares Commodities FTSE 100 Interest rate Stock market index After the 2008 financial crisis, the FTSE 250 hit a low of 6,049 points on 27 February 2009. Over the next 11 years, it rose 260% to 21,780 by 21 February 2020. Then the pandemic-induced stock market mini-crash hit, and the index fell to 13,593 by 20 March, losing 38% of its value in a month. Since then, the FTSE 250 steadily recovered to a record high of 24,194 by 3 September 2021, before dipping to 22,468 in October. But with fears of a new winter lockdown receding, while interest rates are kept at record lows, the index has recovered to 23,540 points today. And unlike the FTSE 100, the FTSE 250 has surpassed its pre-pandemic highs. Moreover, it’s currently 19% higher than its five-year average of 19,781. Where do you think the FTSE 250 will go next? Take your position on the FTSE 250 with the UK’s No. 1 trading provider.* IG has over 80 top global indices with more trading hours than anyone else. Open an account to trade now. *Based on revenue excluding FX (published financial statements, June 2020). New to IG? Top performing FTSE 250 stocks The highest riser on the FTSE 250 today is Investec, which has risen 5% to 348p. The financial services firm has upgraded its earnings outlook in advance of H1 results due to be released on 18 November. Meanwhile, TI Fluid Systems is up 4% to 283p after Citigroup changed its investment rating to a buy, with a target for the stock of 320p. Q3 earnings last week has seen its share price, already up 31% this year, continue to rise. Meanwhile, life sciences investment trust Syncona has risen more than 3% to 206p as it reports that one of its portfolio companies, Autolus, will be entering a strategic collaboration with Blackstone Life Sciences worth $250 million. Indivior is also up over 3% today, as the pharmaceutical companies’ bull run continues. It reported an improved earnings outlook last month, on the back of strong sales of its opioid addiction treatments in the USA. And gold mining stocks Petropavlovsk and Hochschild are up 3% and 2.5% respectively, as respectable earnings combined with fears of a potential market crash drive investors to the relative safety of gold mining stocks. And as the today’s volume leader, Petropavlovsk could have further to go. However, it's worth noting that the gold spot price has dropped to $58,403/kg since its high of $65,477/kg on 27 July. Two other FTSE 250 volume leaders to consider are Cineworld and TUI. The futures of the cinema chain and travel company are both dependent on a controlled return to economic normality. Cineworld is currently benefitting from a bonanza of blockbusters from franchises such as James Bond and Marvel. Meanwhile TUI, the largest travel company in the world, is benefitting from the reopening of tourism to the USA, and is up 1% today. But both stocks are far below their pre-pandemic highs. A continued recovery could see them both rise further, while further lockdowns could spell trouble. Trade FTSE 250 now Source: Bloomberg FTSE 250 outlook The FTSE 250 share index is comprised of the 101st to 350th largest companies in the UK by market cap. Meanwhile, the top 100 companies make up its older brother, the FTSE 100. And the FTSE 250 has been outperforming its blue-chip compatriot recently. That’s because while FTSE 100 stocks tend to be more stable, FTSE 250 stocks retain significant growth potential. And with the Bank of England decision to keep the base interest rate at a record low, the mid-cap index could rise even further based on the availability of cheap credit. However, there are major headwinds coming. Inflation is forecast to hit 5% by April 2022. Both National Insurance and the minimum wage will also be increasing significantly. And corporation tax is rising from 19% to 25% in 2023. Combined with a labour shortage and supply chain crisis, these pressures could see growth stocks curtailed. But with positive earnings results coming from multiple sectors, there could be yet more upside to come for the FTSE 250. Start trading now? Charles Archer | Financial Writer, London Tuesday 09 November 2021 01:30
  18. Hi @GermanChris, I will forward your feedback to the relevant department to be reviewed. All the best - Arvin
  19. Hi @Quacker, Thank you for your feedback. We will forward your suggestions to the relevant department. Other clients have raise the fact that they would like more options on the position tab. All the best - Arvin
  20. Hi @Abhidhamma, With IG you can trade IPOs take a position pre-IPO, participate in the IPO and trade the stock once it’s fully listed. Only most anticipated stocks will be available. Please find more details on this page here. The IPO market will be find on the IG Watchlists : I hope that it helps! All the best - Arvin
  21. Hi @Slinkylobster, Could you please check on the dealing ticket > info tab the dealing hours? Usually this message comes up when the market is closed especially during the weekend. Please let us know what stock you are after. All the best - Arvin
  22. Find out what to expect from Disney’s earnings results, how they will affect Disney share price, and how to trade Disney’s earnings. Source: Bloomberg Shares The Walt Disney Company Price Streaming media Market trend Market sentiment When is Disney’s results date? The entertainment and media conglomerate, Disney, is expected to release its figures for the third quarter (Q3) on Wednesday 10 November after market close. Disney share price: forecasts from Q3 results Earnings beat estimates easily last time around, and revenue was also above expectations even if by a smaller percentage. When it comes to streaming, subscriber figures and growth are a crucial component, 116 million last time around with expectations it’ll grow by only 'low single-digit millions' according to its chief executive officer (CEO) over a month ago. But even if it does manage to show more momentum on that front, more subscribers doesn’t always translate into higher proportional streaming revenue, with average revenue per user dropping in Q2 due to lower prices for its Hotstar subscribers. A total of 174 million subscribers when putting Disney+, ESPN+, and Hulu together, and the company sees over a billion households globally as part of its addressable market. Its growth story is crucial, and any slowing would hand analysts that have placed it into the underweight category more fuel for their argument, with the bulk of its growth previously coming from markets with lower margins pulling its average revenue per user down. There’s also been plenty of competition, and wooing the next tranche of users who may not have rushed might prove more difficult during a period of economic reopening and lockdown restrictions easing. Parks, experiences, and products might be back in profit according to the results last quarter, but attendance has been lighter and would weight on this aspect of financials, its parks alone not profitable in Q2 but should change as reopening gathers pace. Disney is also planning to release more than 20 new content titles from and catered to Asia-Pacific, and is expanding Disney+ to premiere in more countries in the region. Thus far nothing giving the break and momentum we’ve seen from Netflix's Squid Game, the total costs of the entire season in some cases less than just one episode of some of Disney’s top tier shows. Putting it all together, and expectations this time around are for an earnings per share (EPS) of $0.44, a bit lower than previous estimates and far less than its Q2 net result. As for revenue, $16.25 billion which is below both estimate and final Q2 readings. Analyst recommendations have moved quite a bit from what was clear majority buy back in August and September, with far more showcasing a hold though net still showing slight long bias (source: finance.yahoo.com). Trading Disney’s Q3 results: weekly technical overview and trading strategies From a technical standpoint, it hasn’t been looking very pretty as of late in both daily and weekly time frames, for the former prices near the lower end of the Bollinger Band, beneath all its key long-term moving averages, an average directional movement index (ADX) reading that’s moving higher, and a negative directional movement (DI-) still holding a healthy margin over the positive directional movement (DI+). It’s been mostly oscillatory sessions with any big breaks thus far eventually undone, and for an overall technical overview that’s consolidatory though suffering from short-term negative bias. Even from a weekly standpoint that incorporates more long-term bias, its bullish run that levelled off near the top last March has been trapped in slow consolidatory moves since. But with much at stake with next week’s figures, prices could be in for a break past key levels, making it more breakout strategies vs. reversal, absent fundamental news and the levels may hold somewhat or average back towards these levels, while a fundamental shift amongst investors and traders to a new zone for its share price would translate into contrarian breakout strategies outperforming. Current technical overview Consolidation - negative bias Technical overview conformist strategies Sell 1st resistance at/before price, buy 1st support after reversal Technical overview contrarian strategies Buy 1st resistance upon breakout from below, sell 1st support upon breakout from above S/L for 2nd resistance 183.43 2nd Resistance 181.21 S/L for 1st resistance 179.00 1st Resistance 176.78 Relative starting point 172.35 1st Support 167.92 S/L for 1st support 165.71 2nd Support 163.49 S/L for 2nd support 161.28 Source: IG charts IG Client sentiment* and short interest for Disney shares Retail trader bias is a consistent extreme buy bias for Disney, and has risen from 96% to 99% over the past couple of weeks, and if they’ve been holding this bias prior to its bull run from sub-$100 to nearly double those levels and would make them beneficiaries, that story far clearer when it comes to the FAANG stocks (or now MANGA following Facebook's name change). Short interest is quite low with 24.56 million of shares shorted that has dropped slightly from its previous reading (according to shortsqueeze.com), out of a total 1.8 billion represents only 1.36%, and where based on daily volume wouldn’t take more than three days to cover. Source: IG charts *The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%, as of today morning 8am for the outer circle. Inner circle is from the previous trading day. Monte Safieddine | Market analyst, Dubai 06 November 2021
  23. Hi @FredG, When you transfer shares into your account, the book cost will be displayed as zero, unless you have provided us with a figure on your transfer form. The book cost will also be changed to zero if there has been a corporate action on your shareholding. You can edit your book cost by following the steps on this link here. All the best - Arvin
  24. Hi @GermanChris, Effectively you can see your total Margin requirement at the top: Unfortunately, in the position screen you can't see the margin requirement for each positions. You can check the margin requirement on the dealing ticket if you wish. All the best - Arvin
  25. Hi @Sweta, Please check your settings on My IG > Settings > ProRealTime: Once activated you can launch ProRealTime from My IG > Live accounts : All the best - Arvin
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