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OfentseIG

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Blog Comments posted by OfentseIG

    New Members Guide

    4 hours ago, Appiah said:

    IG Index. Sorry I should have said. I click on Log In and I keep getting Unexpected Error.

    Try Again . Same thing keep happening.

    Hi @Appiah

    Would you please contact our helpdesk for log in issues. We are unfortunately unable to assist with log in issues on a public platform. All the best, OfentseIG

  1. On 13/01/2023 at 17:52, amar1992 said:

    Is there ever a situation where the market can move upwards due to a Dividend Adjustment? If so, how will this be shown in the table above?

    Hi @amar1992

    It always moves downward. When the Ex-date arrives, the share price will fall by the amount of the dividend per share which means the price of the Index will always fall. OfentseIG

  2. 15 minutes ago, amar1992 said:

    Using FTSE as an example, on Wednesday the Dividend Adjustment is forecasted to be 0.67. So does this mean that you forecast the market to move up by 0.67 pips? 

    Hi @amar1992

    That means the price for FTSE 100 will drop by 0.67 points. If you are short, your account will be debited by the dividend adjustment as this is a public announcement and not price speculation. We have a FTSE Dividend Adjustment Example on the website. All the best, OfentseIG 

  3. 5 hours ago, OfentseIG said:

    Hi @andreas16 @LEONLION @yvettest @DHIRAGAR

    Thank you for reaching out. We are currently investigating this issue with the relevant team. An update will be sent soon with the correct points. We apologize for the inconvenience. Thanks, OfentseIG

    Hi @andreas16 @LEONLION @yvettest @DHIRAGAR

    We are sorry for the delay in responding to your queries and for the confusion caused by the previous figures. We have now updated dividend adjustments. All the best, OfentseIG

  4. On 28/11/2022 at 10:48, andreas16 said:

    This table looks wrong. Monday+Wednesday have exactly the same values, and Tuesday+Thursday too. Could you please check if this is correct?

    Hi @andreas16 @LEONLION @yvettest @DHIRAGAR

    Thank you for reaching out. We are currently investigating this issue with the relevant team. An update will be sent soon with the correct points. We apologize for the inconvenience. Thanks, OfentseIG

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