AshishIG

Hi All, The statements will be made available by Thursday this week. An email notification will be sent out once the statements are available for download via MyIG. All the best, AshishIG

Stocks remained under pressure in Asia after a distinctly negative finish to the week on Wall Street. Surging yields have once again prompted steep losses in equities, and with an action-packed week of earnings this week there will be more reasons to sit on the sidelines. Oil prices fell back from last week's highs, but the ongoing war in the Middle East will likely act as a driver to further upside. A quiet day looms, a lull in the storm of earnings, while there are a number of central bank speakers scheduled for the week. Last week saw Powell and others reiterate the potential for more rate hikes, while also noting that rising yields were also providing a similar function for monetary policy.

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 23rd Oct 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.

Hi @subzero118, Could you please try this link- https://www.ig.com/uk/learn-to-trade/ig-academy/demo-account All the best, AshishIG

Indices across the globe remain under pressure, with more losses in Asia overnight following on from the drop in US and European markets yesterday. Investors remain sensitive to news coming out of the Middle East, and reports that a US destroyer had intercepted missiles fired from Yemen raised fears of a broadening of the conflict. A speech by Jerome Powell initially provided a boost to risk appetite, but this rapidly faded when he, like other FOMC members recently, left the door open for more rate hikes should the situation require it. US bond yields are the big driver again, after a rise in the 10-year yield to briefly hit 5% yesterday. Oil prices are up too, and are moving back towards their late September highs once again.UK retail sales fell sharply in September, down 0.9% month-on-month, weakening sterling against the dollar and the euro.

@Techiescot, If the market is in a 'closing only' , it implies that you cannot initiate new positions. However, if you have existing open positions from the past that need to be closed, they can still be closed. The unavailability of new positions is due to the implications of Italian tax laws, and we currently do not have a definite timeline for when trading will be resumed. All the best, AshishIG

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 23rd Oct 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.

The see-saw week in global markets continues, with more losses for Asian indices coming after a poor session in the US. Disappointing earnings from Tesla countered better figures from Netflix, but it is the ongoing war in the Middle East and fears of its spread, along with rising bond yields and Fed comments about 'higher for longer' that have really prompted the losses in stocks. While oil prices were quieter yesterday, thanks to a lack of a move from OPEC to back Iran's call for an oil embargo on Israel, fears of a widening conflict may see the price resume its march higher. Added to this is a speech by Jerome Powell today that could see the Fed chairman take a hawkish tone similar to his colleagues - recent strength in inflation has resulted in FOMC members redoubling their efforts to stress the potential for rates to rise again if needed, supporting the dollar and weighing on equities. Among the US companies reporting today is American Airlines, while weekly jobless claims and September's existing home sales figures are also set for release.

Dear @Karen, I'm sending you a direct message to discus this further. All the best, AshishIG

Most Asian indices struggled overnight, though the Nikkei eked out a tiny gain, despite a host of Chinese datapoints that beat expectations, including GDP. Wall Street avoided significant losses yesterday, but oil prices rose once more on fears of a widening conflict in the Middle East. This morning's UK CPI data came in ahead of expectations for both the headline and core figures, showing that inflation remains stickier than hoped. This brings to an end a run of falling inflation readings, and will complicate the outlook for the Bank of England. Netflix and Tesla earnings take centre stage this evening.

Hi @gurpal2000, You need to fund your account with your PayPal account in order for the account to be registered automatically. You can deposit via PayPal from MyIG > Live accounts > Deposit funds > PayPal All the best, AshishIG

While Australian stocks dipped on Tuesday, other Asian indices moved higher, though with less enthusiasm than before. The conflict in the Middle East appears to be on the cusp of expanding to include Hezbollah, with the shadow of Iranian involvement looming as well. Risk appetite has shrugged off the rebound in US inflation data, but from today onwards earnings season will take centre stage. UK wages rose by more than inflation for June-August, up 7.8%, for the first time since October 2021, providing some easing of the cost of living crisis. Goldman Sachs, Bank of America, Johnson & Johnson and Lockheed Martin are among those companies reporting earnings this afternoon.

The Week Ahead Read about upcoming market-moving events and plan your trading week Week commencing 16th October Chris Beauchamp's insight Earnings season gets into its stride this week, with reports from across the US economy. US banks but also Netflix, Tesla, Johnson & Johnson and airlines report figures. Key economic events this week include UK employment and consumer price index (CPI) figures, along with the German ZEW index. Economic reports Weekly View Monday 1.30pm – US Empire state mfg index (October): index expected to fall to -1.1. Markets to watch: USD crosses Tuesday 1.30am – RBA meeting minutes. Markets to watch: AUD crosses 7am – UK employment data: August unemployment rate to hold at 4.3%, while average earnings for Jun-Aug rise 7.5%, down from 8.5%. Markets to watch: GBP crosses 10am – German ZEW index (October): index expected to fall to -16 from -11.4. Markets to watch: EUR crosses 1.30pm – US retail sales (September): sales expected to rise 0.3% MoM from 0.6% in the previous month. Markets to watch: USD crosses 1.30pm – Canadian CPI (September): prices expected to rise 4.5% YoY and 0.5% MoM, from 4% and 0.4% respectively. Markets to watch: CAD crosses Wednesday 3am – China GDP (Q3): QoQ growth forecast to rise to 0.9% from 0.8%, while YoY growth slows to 4.6% from 6.3%. Markets to watch: China indices, CNH crosses 7am – UK CPI (September): prices expected to rise 6.5% YoY and 0.3% MoM, from 6.7% and 0.3% in August. Core CPI to rise 5.9% YoY from 6.2%. Markets to watch: FTSE 100/250, GBP crosses 1.30pm – US housing starts/building permits (September): permits to fall 4.9% and starts to rise 7%. Markets to watch: USD crosses 3.30pm – US EIA crude oil inventories (w/e 13 October): stockpiles rose by 10.2 million barrels in the preceding week. Markets to watch: Brent, WTI Thursday 1.30am – Australia employment data (September): unemployment rate to hold at 3.7%. Markets to watch: AUD crosses 1.30pm – US initial jobless claims (w/e 14 October): claims to rise to 212K from 209K. Markets to watch: USD crosses 3pm – US existing home sales (September): sales expected to fall 2.1% MoM. Markets to watch: USD crosses Friday 12.30am – Japan CPI (September): price growth forecast to slow to 3.1% YoY from 3.2%. Markets to watch: JPY crosses 7am – UK retail sales (September): sales expected to rise0 0.3% MoM and 3.5% YoY, from 0.4% and -1.4% respectively. Markets to watch: GBP crosses Company announcements Monday 16 October Tuesday 17 October Wednesday 18 October Thursday 19 October Friday 20 October Full-year earnings Bellway Half/ Quarterly earnings Bank of America Corp, Goldman Sachs, Johnson & Johnson, United Airlines, Lockheed Martin Whitbread, ASML Holding, SAP, Netflix Inc, Tesla, Procter & Gamble, Alcoa Renault, AT&T Inc, American Airlines Schlumberger, American Express Trading update* Moneysupermarket.com Just Eat Takeaway Dunelm, LSE, Deliveroo, Schroders, Rathbones Foxtons, Wickes, Intercontinental Hotels Dividends FTSE 100: BAE Systems, Smiths Group FTSE 250: ITV, Coats Group, Marshalls, Close Bros Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day, e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days. Index adjustments Monday 16 October Tuesday 17 October Wednesday 18 October Thursday 19 October Friday 20 October Monday 23 October FTSE 100 1.79 Australia 200 0.4 Wall Street 6.2 8.6 US 500 0.36 0.14 0.10 Nasdaq 0.02 Netherlands 25 EU Stocks 50 0.2 China H-Shares Singapore Blue Chip Hong Kong HS50 1.4 South Africa 40 62.8 Italy 40 Japan 225

Asian markets fell back once again on Monday, as nervousness around the conflict in the Middle East continued to see widespread risk aversion. Oil and gold prices surged last week, with the former at its highest level in over a week and the latter having had its best week since March. Earnings season is now underway, but the rise in US inflation data last week has raised market expectations of a hike at the next Fed meeting. Today is a quieter start to the week, with little in the way of heavyweight earnings or data. Futures point to a more positive open for European and US markets, though sentiment remains fragile.

Dear @ChongSS, We have DM'd you the details for the rejection as this is account-specific and cannot be discussed on a public platform. All the best, 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 16th Oct 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.

Stocks have seen a wave of selling in the wake of yesterday's CPI report in the US, as jitters about inflation and interest rates return. The chance of a US rate hike in December is now 40%, from 28% before the report, according to market pricing. However, deflation is the worry in China after inflation data there missed expectations of a rise. Meanwhile, the potential for more fallout from the Middle East conflict is looming, with Qatar mooting a possible export ban on gas so long as Israel maintains its blockade of Gaza. Earnings season got under way with Delta Airlines yesterday issuing a cautious outlook, and US banks begin their reporting this afternoon.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 16th Oct 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.

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 09th Oct 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.

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 9th Oct 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.

Another gloomy session for stocks saw the Hang Seng drop by 3% as it played catch-up following Monday's holiday, and the Nikkei down by more than 1.7%. A hawkish speech by Fed governor Michelle Bowman yesterday and comments from others reminded investors that the Fed is committed to leaving rates unchanged, negating any positive sentiment lingering from the weekend funding deal for the US government. While tech stocks eked out some small gains yesterday, most indices remain under pressure. FX markets are on intervention watch following more comments from officials in Japan about the weakness of the yen. Today sees the monthly US job opening figures, as a warm-up to the ADP and non-farm payroll figures later in the week. A weaker open is expected for European and US markets.

Dear @Udar, Even if you decide to take a short position in the same market, you will still be required to maintain a margin unless your short position is twice the size of your long position. For instance, if you are long on Tesla with 100 shares and a margin of $1000, and you plan to short the same 100 shares of Tesla, you will need an additional $1000 in margin. However, if you double your short position to 200 shares in the same Tesla stock, there will be no additional margin requirement. All the best, 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 clearly 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.

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 02nd Oct 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.

Dear @intiqam0, We have reached out to our New business team. Someone from our New business team will reach out to you at the earliest to sort this out. Appreciate your time and patience on this. All the best, AshishIG