KoketsoIG

March 26

1 hour ago, DaveBarter said:

On occasion a daily stock chart displays yesterday and then tomorrow 8am regardless of chart type with no data from today. I have sometimes corrected this by cycling though some of the other standard length charts (6 monthly, monthly etc), but sometimes this has no effect. Any idea why this happens? Seems to happen more often with the rarely traded stocks but not exclusively. For instance today Capita is a case in point. Other stocks I have looked at today display correctly.

Dear @DaveBarter,

Thank you for your post.

Kindly report all chart issues to helpdesk.uk@ig.com so we can send them to the technical team to fix.

Thanks,

KoketsoIG

March 25

Dear @saikrsna99,

Thank you for your post.

Please note that your question is a bit unclear, are you perhaps asking about rollovers?

Thanks,

KoketsoIG

March 25

3 hours ago, collis said:

Hi Sirmdm,

Good day, how come there is long interest for US/CAN share?

Please advise

Collis

Dear @collis,

Thank you for your post and welcome to the IG community

Please note that if you hold a short-term trade and want to keep it open overnight, you’ll be charged a daily interest fee.

This charge will be applied to Daily Funded Bets (DFBs) as well as cash CFD positions held through 10 pm (UK time). Please note that open positions held through 10 pm (UK time) on Fridays will be adjusted for three days’ worth of funding to cover the weekend. You can read more about overnight funding from our website: Overnight Funding

All the best,

KoketsoIG

New Member · March 22

36 minutes ago, EbonyLyla said:

Hello!

I’ve been trading on demo on and off for a while now, and after settling into a steady rhythm now, I feel ready to commit to a live account - I’ve very much a beginner and often have questions that I feel are probably obviously answered but sometimes it’s easier to ask than muddle through and work it out the hard way - so hopefully this community can help!

I’m excited to be a part of it!

Hey @EbonyLyla,

Welcome to the community,

We are happy to have you here. We are here to answer every question you may have and please don't hesitate to engage in forum posts by other members.

Thanks,

KoketsoIG

March 22

2 hours ago, BeckhamN said:

Hi, admin

Over 3 days, there was no reply. I wonder i sent wrongly address or if anywhere esle I can ask to have the quick action.

Best regards,

Beckham N

Dear @BeckhamN,

Please note that our spreads are variable and can be changed anytime, depending on various factors. We could indeed increase spreads if there is higher volatility.

Thanks,

KoketsoIG

March 22

Dear @Nutm3g and @x-sense,

Thank you for the posts and updates.

Please note that there was an issue with alerts yesterday, however, this has now been resolved.

Thank you for your patience.

Thanks,

KoketsoIG

March 22

Dear @Techiescot,

Please note that the refer friend promotion is currently not running. The information and links will be updated once it is running again.

Thanks,

KoketsoIG

March 20

1 hour ago, Dm77886 said:

Sorry for this basic question, but I want to display the margin by position on the platform, not just the aggregate margin. How do I do this?

Dear @Dm77886,

Unfortunately, the margin is aggregated, there is no way to show it by position.

Thanks,

KoketsoIG

March 20

Dear @Agarwal,

Thank you for sharing about mindfulness when it comes to trading. I'm sure our community members will find this post interesting.

Thanks,

KoketsoIG

March 20

Markets are digesting the Bank of Japan's major monetary policy shift away from negative rates, while awaiting the highly anticipated Federal Reserve policy decision on Wednesday. The Bank of England is expected to keep rates unchanged on Thursday, but markets are pricing in a 50% chance of a 25 bps rate cut in June and 60 bps of cuts for all of 2024, with this morning's UK inflation data showing price growth had slowed to 3.4%, its lowest level in two years. The Fed is expected to hold rates at 5.25-5.5% on Wednesday, with focus on the dot plot projections for rates and inflation. Markets are pricing in the first Fed rate cut potentially in June or July. There is a risk the median Fed dot plot could shift to projecting two 25 bps rate cuts this year instead of three. European Central Bank officials, including Christine Lagarde, will speak later, with some endorsing June as the likely time to start discussing ECB rate cuts.

March 20

3 hours ago, dusty54 said:

I am logged into my account on Google Chrome - https://www.ig.com/au/myig/settings/two-factor - trying to set up 2FA. There is nothing in security to permit me to do this. I do not use a phone for access, and do not want to. How then do I get 2FA started within my IG account on PC?

Dear @dusty54,

Thank you for your post,

Unfortunately, you need a third-party authentication mobile app (Google Authenticator, Microsoft Authenticator, Authy) or similar to set up 2FA.

Thanks,

Koketso

March 20

8 hours ago, Faridi81 said:

I founded my account and ready to trade but when I was trying to open a position it was saying that:

you are currently restricted from opening any new position on your account.

please someone help.

thank you

Dear @Faridi81,

Welcome to the IG community and thank you for your post.

Please have a look at the email I have sent you and respond accordingly.

Thanks,

KoketsoIG

March 19

Thank you @bug-or-feature and @andysinclair for the assistance.

March 19

1 hour ago, KML said:

Dear all,

I'm having trouble deleting a position using the API. As I understand https://labs.ig.com/rest-trading-api-reference/service-detail?id=678, I'm supposed to send a DELETE request with a body. But isn't a DELETE-request supposed to be without a body?

The line

HttpRequest request = HttpRequest.newBuilder().uri(URI.create(uri))
.headers("Content-Type", "application/json; charset=UTF-8", "Accept", "application/json; charset=UTF-8",
           "Version", "2", "IG-ACCOUNT-ID", CAI,
           "X-IG-API-KEY", APIKEY, "CST", CST)
           .method("DELETE", HttpRequest.BodyPublishers.ofString(body))
           .build();

returns a 404 not found error, but if I change DELETE to POST as in

HttpRequest request = HttpRequest.newBuilder().uri(URI.create(uri))
.headers("Content-Type", "application/json; charset=UTF-8", "Accept", "application/json; charset=UTF-8",
           "Version", "2", "IG-ACCOUNT-ID", CAI,
           "X-IG-API-KEY", APIKEY, "CST", CST)
           .method("POST", HttpRequest.BodyPublishers.ofString(body))
           .build();

I get an expected error {"errorCode":"invalid.request.format.line-1.column-3"}. Does this mean that I'm supposed to use the POST method anyway? How does it then know that I',m deleting the position and not creating a new one?

I could of course delete a long position by creating a short position and vice versa, but that looks a bit messier.

Thanks for any help or clarifications.

Dear @KML,

Thank you for your post, please note that many members on our community can assist with complex API-related queries. You can check out posts and replies by @andysinclair and @bug-or-feature on similar topics.

Thanks,

KoketsoIG

March 19

Hi @Sporran,

We hope you are having a good day so far. Please note that our corporate actions team has confirmed they will send communications later today.

All the best,

KoketsoIG

March 19

Dear @Agarwal,

This is great!

Thanks for sharing!

Thanks,

KoketsoIG

March 19

44 minutes ago, Agarwal said:

Central bank meetings this week will heavily influence Forex trading. Bank of Japan may adjust monetary policy due to concerns over inflation. Reserve Bank of Australia expected to maintain rates, but potential cuts loom. Federal Reserve likely to hold rates steady, monitoring economic data. Bank of England not anticipated to make immediate changes, but future rate cuts are speculated due to inflation concerns.

Hi @Agarwal,

Thank you for sharing.

Thanks,

KoketsoIG

March 19

On 15/03/2024 at 18:26, espiral said:

Could you add leverage on uk like on asx?

Dear @espiral,

Thank you for your request, unfortunately, we cannot offer this stock for leveraged accounts due to higher broker margins. The stock is only available for share dealing.

Thanks,

KoketsoIG

March 19

In a long-expected move, the Bank of Japan ended its negative interest rate policy after 8 years and abandoned its yield curve control policy of capping long-term rates around zero. The BoJ also said it would stop purchasing risky assets like ETFs and REITs. This marks the end of Japan's era of ultra-loose monetary policy and cheap money. The announcement initially led to volatility in Japanese markets, with shares fluctuating before rising and the yen sliding to 150 per dollar against the US dollar. While the BoJ pledged to maintain some accommodation, traders expect rates to remain at zero for now. The Reserve Bank of Australia left rates unchanged as expected but watered down its tightening bias, weighing on the Australian dollar. The moves come ahead of the US Federal Reserve's decision on Wednesday, where it is expected to hold rates steady. However, investors will scrutinise the Fed's economic projections and estimated rate cuts for 2023. European markets are expected to open lower as caution persists ahead of the Fed meeting.

March 18

47 minutes ago, tafkasa said:

Hi

I need to complete the following datapoints to transfer shares to IG:

Brokerage code

SWIFT or BIC

Brokerage name

City

Street

Postal code

I tried to find in the community forum, but cant find any answers for Brokerage Code and BIC. Someone else was advised to enter the account code, but the form on equateplus.com does not let me do it as it verifies the BIC against a list of names.

Thanks,
Andreas

Hi @tafkasa,

Thank you for contacting IG.

Please note that the transfers team shares this information. Kindly contact them on transfers@ig.com

Thanks,

KoketsoIG

March 18

Thanks @Sporran,

We'll keep you posted as soon as our team provides feedback.

Thanks,

KoketsoIG

March 18

FX traders brace for four central bank meetings. The Bank of Japan and the Reserve Bank of Australia on Tuesday, then on Wednesday it’s the turn of the US Federal Reserve and the Bank of England on Thursday.

Written by: Angeline Ong | Financial Analyst, Presenter and Content Editor, London

Publication date: Monday 18 March 2024 11:30

IG financial analyst @AngelineOng looks at what’s expected and why the BOJ decision is perhaps the most interesting monetary policy event this week.

(AI Video Summary)

Central Bank meetings

This week, there are four important central bank meetings happening that will have a big impact on Forex trading. On Tuesday, the Bank of Japan and the Reserve Bank of Australia (RBA) will have their meetings, followed by the Federal Reserve on Wednesday, and the Bank of England on Thursday. These meetings are very important because the decisions made by these central banks can affect the value of different currencies.

The Bank of Japan

Let's start with the Bank of Japan. They have recently increased wages, which is a good thing for the economy. However, there are concerns that this might lead to higher inflation, so the bank might need to make some changes to their monetary policy to control it. People are watching closely to see if they will raise interest rates from their current negative level.

The Reserve Bank of Australia

Next, we have the Reserve Bank of Australia. They are expected to keep their interest rates the same, but economists believe that they might make some cuts in the coming months. This is different from other central banks, so it's a bit surprising that the Australian dollar isn't getting stronger against the New Zealand dollar.

Moving on to the Federal Reserve, they will most likely keep interest rates steady for now. However, some recent economic data has been better than expected, which might make them reconsider. They will base their decisions on how the data looks in the coming months.

The Bank of England

Lastly, we have the Bank of England. They are not expected to make any changes right now, but there is speculation that they might cut interest rates later in the year. They are worried about wages increasing faster than prices, which could lead to inflation.

March 18

27 minutes ago, Sporran said:

Does anyone else hold shares in IVPU (Invesco Select UK) with IG?

IVPU are having a tender offer with record date in little over a week from now. I have to state the quantity of shares I wish to tender. However as yet nothing is showing in my Corporate Actions page in IG.

Should I contact IG directly or should I wait a little longer?

Dear @Sporran,

Thank you for reaching out. Tender offers are typically communicated via email. I've alerted our corporate actions team to gather more information on this matter. We'll keep you posted once we receive their response.

Thanks,

KoketsoIG

March 18

The week started relatively quietly in Asia, though China's industrial output and retail sales data beat forecasts, indicating a potential pickup in global factory growth. However, a 9% yearly drop in Chinese property investment remains a concern. A busy week lies ahead for central banks, with meetings scheduled at the Federal Reserve, Bank of Japan, Bank of England, Swiss National Bank and others. Speculation is high that the Bank of Japan will end its negative interest rate policy after eight years, potentially as soon as this week's meeting on Tuesday. At the Fed meeting on Wednesday, while rates are expected to remain unchanged at 5.25-5.5%, the focus will be on the dot plot projections for rates and inflation. A key question is whether the median dot plot will shift to reflect two 25bps rate cuts this year instead of three. The Bank of England meets on Thursday and is likely to hold rates at 5.25%, with around a 50% chance of a first-rate cut priced in for June. Inflation data will be watched closely ahead of the BoE and SNB meetings. After a weaker finish for US markets on Friday, this week could set the tone for some time, depending on what the world's policymakers have to say.

March 18

21 hours ago, Ikechukwu said:

@KoketsoIG. in the last few weeks there has been a flood of crypto related spam posts advertising various crypto products including from "billionaire1". Is this IG endorsed?

It's irritating, to say the least, to log in and have to navigate around this stream of crypto meme chaff. Please clean up the forum. Its beginning to feel like a crypto bros chat forum!

Dear members, @Ikechukwu, @TheGuru12 and @andysinclair,

Thank you for the post,

Apologies for the inconvenience caused, please note that we will be working on cleaning up the community to delete and ban these posts.

You can also assist us in being aware of these by reporting and flagging them.

Thank you and all the best,

KoketsoIG

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you are currently restricted from opening any new position on your account.

Central Bank meetings

The Bank of Japan

The Reserve Bank of Australia

The Bank of England