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AshishIG

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Blog Entries posted by AshishIG

  1. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 19th Feb 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  2. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 26th Feb 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  3. AshishIG
    Find below the table that shows the number of days' worth of overnight funding fees you will be charged if you keep a Forex position open on a particular day. The overnight funding fee is the cost of holding a position overnight through 10 PM UK time, and it is charged at the end of each trading day. This fee is calculated based on the size of your position and the interest rate differential between the two currencies involved in the trade plus the IG admin fee.
    To help you manage your trading costs and make informed decisions, we have created this table that displays the number of days' worth of overnight funding fee you will be charged. This information can be used to estimate the cost of holding a position over a certain period and to decide whether to keep it open or close it before the end of the trading day. In the future, we will regularly publish this table at the start of each new month.




    Disclaimer:
    Please note that in some cases, the number of days may change due to public holidays or bank holidays. We will do our best to inform you of any changes as soon as possible, but we recommend that you keep an eye on the holiday calendar to avoid any surprises.
  4. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 04th Feb 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  5. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 19th Feb 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  6. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 12th Feb 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  7. AshishIG

    Festive Trading Hrs
    Hi All, 
    With the upcoming Lunar New Year, there will be some changes to certain markets between 9th February 2024 to 16th February 2024. 
    Note- All the timings stated below are listed in Singapore time (SGT).
    Friday 9 February
    China A50 will remain open. China H-Shares will close early at 12pm and priced out-of-hours.
    Hong Kong HS50 and Hong Kong Tech Index will close early at 12pm and be priced out-of-hours.
    Singapore blue chip will remain open. Singapore Index will close early at 12pm.
    Taiwan Index will remain open.  
    Palm Oil will be closed. Iron ore will be closed.
    Hong Kong shares and Singapore shares will close early at 12pm.
    Monday 12 February
    China A50 will remain open. China H-Shares will be closed and priced out-of-hours.
    Hong Kong HS50 and Hong Kong Tech Index will be closed and priced out-of-hours.
    Singapore blue chip will remain open. Singapore Index will be closed.
    Taiwan Index will remain open.  
    Palm Oil will be reopen at 10.30am. Iron ore will be closed.
    Hong Kong shares and Singapore shares will be closed.
    Tuesday 13 February
    China A50 will remain open. China H-Shares will be closed and priced out-of-hours.
    Hong Kong HS50 and Hong Kong Tech Index will be closed and priced out-of-hours.
    Singapore blue chip and Singapore Index will be reopen at 9am. 
    Taiwan Index will remain open.  
    Palm Oil will remain open. Iron ore will be closed.
    Hong Kong shares will be closed. Singapore shares will be reopen at 9am.
    Wednesday 14 February
    China A50 will remain open. China H-Shares will be reopen at 9.15am.
    Hong Kong HS50 and Hong Kong Tech Index will be reopen at 9.15am.
    Singapore blue chip and Singapore Index will remain open. 
    Taiwan Index will remain open.  
    Palm Oil will remain open. Iron ore will be closed.
    Hong Kong shares will be open. Singapore shares will remain open.
    Thursday 15 February
    China A50 will remain open. China H-Shares will remain open.
    Hong Kong HS50 and Hong Kong Tech Index will be remain open.
    Singapore blue chip and Singapore Index will remain open. 
    Taiwan Index will remain open.  
    Palm Oil will remain open. Iron ore will be closed.
    Hong Kong and Singapore shares will remain open.
    Friday 16 February
    China A50 will remain open. China H-Shares will remain open.
    Hong Kong HS50 and Hong Kong Tech Index will be remain open.
    Singapore blue chip and Singapore Index will remain open. 
    Taiwan Index will remain open.  
    Palm Oil will remain open. Iron ore will be closed.
    Hong Kong and Singapore shares will remain open.
    In addition, for HKD, CNH, and SGD crosses, if you hold your positions past 6 am SGT on Thursday, 8th February 2024, you may incur additional charges. For CNH crosses, you will incur 11 days' worth of overnight funding charges. For HKD crosses, you will incur 5 days' worth of overnight funding charges. For SGD crosses, you will incur 4 days' worth of overnight funding charges.
    Disclaimer: The information provided above is accurate to the best of our knowledge. They are subjected to change and should only be used as guidance.
  8. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 05th Feb 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  9. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 05th Feb 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  10. AshishIG
    Find below the table that shows the number of days' worth of overnight funding fees you will be charged if you keep a Forex position open on a particular day. The overnight funding fee is the cost of holding a position overnight through 10 PM UK time, and it is charged at the end of each trading day. This fee is calculated based on the size of your position and the interest rate differential between the two currencies involved in the trade plus the IG admin fee.
    To help you manage your trading costs and make informed decisions, we have created this table that displays the number of days' worth of overnight funding fee you will be charged. This information can be used to estimate the cost of holding a position over a certain period and to decide whether to keep it open or close it before the end of the trading day. In the future, we will regularly publish this table at the start of each new month.




    Disclaimer:
    Please note that in some cases, the number of days may change due to public holidays or bank holidays. We will do our best to inform you of any changes as soon as possible, but we recommend that you keep an eye on the holiday calendar to avoid any surprises.
  11. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 22nd Jan 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  12. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 29th Jan 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  13. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 29th Jan 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  14. AshishIG
    Find below the table that shows the number of days' worth of overnight funding fees you will be charged if you keep a Forex position open on a particular day. The overnight funding fee is the cost of holding a position overnight through 10 PM UK time, and it is charged at the end of each trading day. This fee is calculated based on the size of your position and the interest rate differential between the two currencies involved in the trade plus the IG admin fee.
    To help you manage your trading costs and make informed decisions, we have created this table that displays the number of days' worth of overnight funding fee you will be charged. This information can be used to estimate the cost of holding a position over a certain period and to decide whether to keep it open or close it before the end of the trading day. In the future, we will regularly publish this table at the start of each new month.




    Disclaimer:
    Please note that in some cases, the number of days may change due to public holidays or bank holidays. We will do our best to inform you of any changes as soon as possible, but we recommend that you keep an eye on the holiday calendar to avoid any surprises.
  15. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 22nd Jan 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  16. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 15th Jan 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency
  17. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 15th Jan 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  18. AshishIG

    Festive Trading Hrs
    There will be a few changes to our opening hours on Martin Luther King Day. Please make sure that you’re familiar with the changes, as they may affect your trades. Please note that all times are listed in GMT:
     
    Monday 15 January 2024
    US equity markets are closed.
    US index futures close early at 6 pm. We’ll make out-of-hours prices on Wall Street, the S&P 500, the US Tech 100, and the US Russell 2000 until futures reopen at 11 pm.
    The Volatility Index (VIX) closes early at 4.30 pm and reopens at 11 pm.
    Metals, including Gold and Silver, and US energies close early at 7.30 pm and reopen at 11 pm.
    US rates close early at 6 pm and reopen at 11 pm.
    US soft commodities are closed.
    London Sugar closes early at 5 pm.
    Lumber and Livestock are closed.
    Tuesday 16 January 2024
    US Grain futures open at 1 am.
    Livestock trades open from 2.30 pm and Lumber opens at 3 pm.
    More resources:
    CME Futures: https://www.cmegroup.com/trading-hours.html#trading-holiday-hours&foi=F&tradeDate=2024-01-15&pageNumber=1 US Equities: https://www.nyse.com/markets/hours-calendars & https://www.nasdaq.com/market-activity/stock-market-holiday-schedule ICE Futures: Oil, Utilities & Agricultural: https://www.ice.com/publicdocs/Trading_Schedule.pdf Fixed income, Equity & Indices: https://www.ice.com/publicdocs/futures/Trading_Schedule_Migrated_Liffe_Contracts.pdf ICE Futures US https://www.ice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US_2024MLKDay_Holiday.pdf LBMA Gold Fix: https://www.ice.com/publicdocs/Gold_Holiday_Calendar_2024.pdf CBOE VIX: https://www.cboe.com/about/hours/us-futures/  
    These hours are accurate to the best of our knowledge, but it’s possible that they could change.
  19. AshishIG
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 8th Jan 2024. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  20. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 01st Jan 2024 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
  21. AshishIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 27th Nov 2023. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  22. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 20th Nov 2023 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
  23. AshishIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 20th Nov 2023. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  24. AshishIG

    Dividend Adjustments
    Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 13th Nov 2023. These are projected dividends and are likely to change. IG cannot be held responsible for any changes made.
    Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. The amount in brackets is the expected adjustment after special dividends are excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 

    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. 
    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 the full non-independent research disclaimer and quarterly summary.
  25. AshishIG
    Please see the interest rates that are used when IG calculates the overnight funding rate (per annum) on shares and indices. This does not include the IG admin fee. The information provided is an indication as of 06th Nov 2023 and will be published weekly on Mondays.

    *** It's important to note that the rates are subject to daily changes and are based on the currency of the underlying market, not the contract currency.
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