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ArvinIG

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Everything posted by ArvinIG

  1. Hi @amilio, As mentioned above, on a share dealing account if you switch to manual conversion your commission will change but you will be holding USD, therefore you won't have exchange fee until you decide to convert back to GBP to withdraw for example. Please refer to the link on the post above. All the best - Arvin
  2. HI @Bunxster, May I also suggest the IG Academy. IG provides clients with educational content to learn the basics of trading, markets, and orders in the Academy. It is a free content that anyone can access on the link below: https://www.ig.com/uk/learn-to-trade/ig-academy The Course 3 focuses on Orders, execution and leverage : https://www.ig.com/uk/learn-to-trade/ig-academy/orders-execution-and-leverage I hope that it helps ! All the best - Arvin
  3. Hi @NavHenry, On the IG platform you can use the magnifying glass on the top left hand side to search for the stock you are after. You can also Select Shares on the left hand side column then Countries and select Australia. It will display Australian stocks. All the best - Arvin
  4. Hi @karanRIG, You can have a look into the IG Watchlist popular markets : On Twitter we post Top 5 All the best - Arvin
  5. Hi @ddayskipper, They can be held on a share dealing account. For an ISA account it will depend on their availability to be purchased with on a ISA account. All the best - Arvin
  6. Hi @jjkrishnan10, You can withdraw you funds when you wish to do so, you can also withdraw 100% of your available balance. Please keep in mind that if you have open orders some funds will be put aside to execute the order. You can just cancel the order to have these funds available to withdraw. Additionally, depending which method you use to deposit and withdraw we might ask you to verify your card or Bank account. This will be the case if you use 2 different methods. I made the below post to help clients with Deposits and Withdrawals. I hope that it helps ! All the best - Arvin
  7. Hi @xenoide, Have you tried to clear the cache and cookies? Have you tried with another browser? It could also be due to a firewall. If you are still having an issue,please reach out to helpdesk.uk@ig.com for the IT team to have a look into it. Thank you - Arvin
  8. Hi @baltimix, The Demo account simulate a CFD account. On a share trading account you can't add a Stop Loss https://www.ig.com/au/help-and-support/investments/share-trading/can-i-add-a-stop-or-limit-to-a-share-trading-position You can see Order type : Quote or Limit Order because the market is closed at the moment ( on the screenshot), Once the market is live you will have more options. All the best - Arvin
  9. Lumber spike highlights potential for a bullish resurgence, with seasonality pointing towards a strong Q4. Source: Bloomberg Lumber Lumber finally starts to turn a corner Lumber has seen huge volatility over the course of the Covid-19 pandemic, with an initial 45% decline, followed up by a whopping 564% bull run that ended in May. The past few months have been less welcome for bulls, with the price of Lumber losing 73% in little more than three months. However, as highlighted a month ago, this pullback does look likely to represent a potential buying opportunity before long. The long-term picture remains bullish despite this recent collapse, with the trend of higher lows firmly intact. A break below $257 would be required for that to occur. With that in mind, we are looking for a bullish reversal signal to come into play between here and $257. With that in mind, the recent spike from $460 looks like a particularly interesting possible reversal point. Source: ProRealTime 10% rise signals potential return of the bulls The daily chart highlights how Lumber has broken from its recent downtrend, with the price pushing up through trendline resistance. However, hurdles do lie up ahead as the trend of lower highs remains unbroken. A rise through the $732 level would bring that bullish break, yet short-term upside still looks likely as we push towards near-term resistance of $628 and $667. Source: ProRealTime Seasonality highlights potential for Q4 rebound Once again, it is worthwhile noting the seasonality chart for Lumber, with the fourth quarter (Q4) typically representing the source of a final end of year push higher. The chart below highlights that we often see major volatility in the second half of the year when looking at the past 20 years. That typically takes the form of quarter three (Q3) weakness and a Q4 recovery, signalling the potential for us to start building a base over the course of September for an ultimate push higher later in the year. The ability to break $732 will be key in determining whether such a move will happen sooner or later. Source: equityclock.com The statistical breakdown does provide some clues as to how that chart is constructed. Despite the strong start this month, September is statistically the weakest month over the past 20 years. An average return of -7.8% comes with a win rate of just 25%. If we were to maintain this recovery from here on in, it would smash the record 11% September gain seen in 2010. It is worthwhile noting that the particularly damaging -34% move seen last year will have heavily influenced the average. Nonetheless, what we are seeing is a move towards a particularly strong three-month period to close out the year, with November seeing the most reliable month given the 75% gain frequency rate. November has also seen the least downside, with the 2017 decline of -6.7% representing the worst November over the course of two decades. Source: equityclock.com With this in mind, there are still some question marks over whether the recovery comes into play here or whether this is simply the opening salvo in a bullish turnaround that could gather momentum towards the back end of the year. In any case, this latest period of weakness does look like something that will ultimately resolve with another push higher, yet key hurdles remain up ahead before we can gain strong confidence that we have bottomed out. Joshua Mahony | Senior Market Analyst, London 07 September 2021
  10. Hi @RyanH, You can reach out to webapisupport@ig.com they will be able to investigate and come back to you with more information. All the best - Arvin
  11. HI @Alex1974, Unfortunately there is no tool that allows you to compare to indices. Once added on your watchlist you will be able to display some data that might help : I hope that it helps. All the best - Arvin
  12. Hi @TommyB, It's to indicate that there is a special dividend. Thank you - Arvin
  13. HI, As mentioned above we removed Cannabis stock from the Share dealing platform. This was on the back of a review of the regulatory and political implications of offering Cannabis stocks in the UK with a recreational link. You can therefore only trade this on a leverage account which is a derivative and hedged via swaps. All the best - Arvin
  14. HI @rieckstudio, You can change your settings from " Instant Conversion" ( meaning automatically converting back to your main currency AUD) to " Manual Conversion" ( Allowing you to hold USD and convert back to AUD when you like). You can change from My IG > Live account > Currency conversion > Select > Save Changes: ⚠️Please keep in mind that changing to Manual conversion will change the commissions on your share dealing account: Meaning you won't have free commission on US stocks. You will be able to use the USD you hold to purchase more US stocks. I hope that it helps ! All the best - Arvin
  15. Hi @zilvinas, Could you please advise what market and level you are trying to place an order on? If you need assistance ASAP please call 0207 663 0323 / email helpdesk.uk@ig.com or use our live chat function on https://www.ig.com/uk/contact-and-support All the best - Arvin
  16. Hi @Jabroni8, Unfortunately there is no newsfeed on PRT with IG. All the best - Arvin
  17. Hi @jestrek17, These are the options future on the IG platform I hope that it helps. All the best - Arvin
  18. Hi @Jabroni8, I am not sure about Pre-Market data. You can ask IG at helpdesk.uk@ig.com for further information. All the best - Arvin
  19. Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 6th September 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account. Special Dividends Index Bloomberg Code Effective Date Summary Dividend Amount AS51 IFL AU 07/09/2021 Special Div 0.02 AS51 S32 AU 08/09/2021 Special Div 0.02 RTY CWH US 13/09/2021 Special Div 0.35 SPX DVN US 10/09/2021 Special Div 0.38 How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our 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. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  20. HI @Georg, If you already reached out to the helpdesk they will handle your query. All our offices are working on the helpdesk queries to avoid queries to stay in the queue for too long. It is possible that your query was picked up by another office than your own country ( if there is an office where you are located). All offices have the knowledge and skills to answer most questions. Only when the query is too region specific then the case can be sent to the office handling the relevant country. This allow IG to work on a 24h basis to be available for our clients. I hope that it helps ! All the best - Arvin
  21. Hi @PRIDLEYN, By self created watchlist do you mean this list? If that's the case you won't be able to manage this watchlist as they are provided by IG. Thank you - Arvin
  22. Analysts’ latest price targets suggest that Nvidia shares have plateaued. Source: Bloomberg Shares Nvidia United States Takeover United Kingdom Price Nvidia (NASDAQ: NVDA) shares closed marginally higher on Wednesday (01 September 2021) The US’ largest semiconductor firm continues to encounter challenges in its planned takeover of Arm Ltd The stock appears to have reached its price potential, based on the latest analyst targets Keen to trade Nvidia shares? Open an account with us to get started. Nvidia stock price: what’s the latest? Nvidia shares continue to inch up this week, even though its proposed US$40 billion acquisition of British chip designer Arm Ltd has found a new opponent. Tesla CEO Elon Musk is said to have raised competition concerns over the US semiconductor giant’s much-discussed takeover of Arm, The Telegraph reportedly last weekend. The UK newspaper also said that e-commerce behemoth Amazon.com Inc and South Korean smartphone maker Samsung Electronics Co Ltd have lodged opposition to the deal with US authorities. Nvidia is likely to seek European Union antitrust approval for the acquisition in early September, according to Reuters. The stock closed slightly higher on Wednesday at US$224.4 a share, which is up 20% from its split-adjusted price of US$187. Nvidia-Arm deal hits more roadblocks The Nvidia-Arm deal has not been going smoothly of late. UK regulator Competition and Markets Authority (CMA) said two weeks ago that the deal raises ‘serious competition concerns’ and could also require an in-depth investigation on national security grounds. CMA flagged that the takeover may possibly hurt rivals by limiting their access to key technologies, cause price increases for semiconductors, and ultimately stifle innovation in a number of important and growing markets. The chip technology sector is ‘vital’ to everyday products, said CMA chief Andrea Coscelli. With the European Commission set to begin investigations into the proposal, Nvidia has stated it will seek to answer ‘any concerns’ regulator there might have. What’s your view on Nvidia? Take a position on the stock today Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Potential US government deal with AMD fuel optimism Nevertheless, Nvidia investors have other reasons to celebrate, as the US Department of Energy could soon ink a deal to buy a supercomputer, to be named Polaris, based on Nvidia’s A100 chips and AMD’s Rome and Milan chips. Polaris is slated to come online this year, and will be a test machine for the department’s Argonne National Laboratory to prepare its software for a separate Intel-based Aurora machine, Reuters reported last Tuesday (24 August). The US’ supercomputers do scientific work in areas including healthcare and climate research, as well as perform virtual testing of nuclear weapons. Nvidia shares jumped up 2% following the report. For now, research teams were largely positive on Nvidia’s shares, with 38 ‘buy’ calls, five ‘hold’ recommendations, and three suggesting ‘sell’. Their average 12-month target price was US$220.88, according to Bloomberg data. Kelvin Ong | Financial writer, Singapore 02 September 2021
  23. Hi @Shannon508, If you are still struggling with Autochartist, please reach out to helpdesk.uk@ig.com the IT Team will be able to assist you further. All the best - Arvin
  24. Hi @Anjalie, The Automated trading should allow you to place trailing stops If you have further queries you can reach out to helpdesk.uk@ig.com. All the best - Arvin
  25. Hi @jestrek17, These are the options you have for US Tech 100 in Futures : For cash : I hope that it helps. All the best - Arvin
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