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ImperialSlug

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  1. Exactly the question I came to ask. I can understand the Margin issues. But for fully funded cash traders wishing to go long (knowing all the risks and being prepared to lose) - What earthly reason do you have for restricting purchases of shares right now? How is that going to "prioritise the service we give our existing clients" Its either 1) A conflict of interest, In which case I'll be looking for another platform, or 2) A liquidity problem, in which case I need to take my funds elsewhere. Which is it? 1 or 2 ?.
  2. I have some shares with Computershare, that I want to transfer to IG. The IG help states; Do you charge for transferring investments in or out of IG? No, you can transfer your investments without any charges from us. The stock transfer form is written in terms of transferring from other brokers to IG. Computershare however, appear to charge a fee for transferring shares, they have a transfer form,(Transferring CDIs from the Company Nominee to another CREST participant with no change of beneficial ownership) but it is written in terms of transferring from them to anther broker. So if I get IG to transfer my shares, will I be charged a fee from Computershare? - If so, do I have to pay them to release my shares?
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