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pskeoch

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  1. pskeoch

    HANG SENG

    Is there any plan by IG to reduce the minimum size on the Hang Seng index given the new retail margin rules, as has been done with major US and European indices? It now requires almost £1300 just to open up a minimum position in this index.
  2. pskeoch

    Daily Commodities Interest

    JamesIG, Thanks very much! I didn't get the exact answer calculating using that formula based on end-of-day prices, but it was close enough to make sense I think. If I understand correctly, the reason I'm currently being credited is that the October futures price is currently lower than the September futures price. If/when that situation were to flip, my account would be debited every day?
  3. pskeoch

    Daily Commodities Interest

    Hi all, I've had an open buy position on US oil for the past few days and have found that there have been daily transactions crediting my account with various amounts, under the description 'Daily Commodities Interest for 1 day Oil - US Crude'. I can't find any info anywhere about this anywhere. What interest rate is this? How would I calculate the amount?
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