igreen

thanks for the reply @OfentseIG. I see I kept the chart to show at MID price, that is why I did't see the price reaching 491p by the time my position opened. So generally what is the best price (Ask, Bid or Mid) to use on the chart in different scenarios? e-g buy, sell open an order. Thank you,

I opened an order this morning for a potion to open @491p, but the position opened before this price is reached 491p. Why did this happen? As you can see the highest price reached today is 490.5p or the 2nd screenshot. See the screen shots below of... 1) Past Activity History 2) Daily chart 3) Hourly chart thank you in advance,

thank you

any advice/comment from you will be welcome, @Caseynotes , thank you

Hi all, I am seeing prices spick down or up on some shares on IG which don't seem to appear on any other broker charting platform. The following screen shot taken from IG platform this morning of BP PLC this morning and there are four spikes downs in recent months to nearly zero. Can anyone explain the reason for these, which only appears on IG? I have seen this spike on some other shares too. My concern is if there was a stop loss placed on a trade, if this blip will stop you out of your trade at a loss! Has anyone experience this before? Thank you in advance.

thank you. @ArvinIG In the meantime, I am wondering if anyone here in the IG community knows of a site where RS can be charted?

Hi All, I am trying to chart the Relative Strength-RS (not the RSI) of an instrument Vs a Market(Indies), but that is missing on IG Charting. Has anyone found a way of plotting this on the IG platform or PRT platform? Thank you in advance

is the Tick List available on PRT for previous days? I can only see the current day's tick list by clicking Display on menu bar and then Tick list.

thank you

also useful to have free form drawing/writing within drawing tools. e-g if I want to draw a cup and handle or wave drawing, at present there is no tools for it.

I always had windows laptop where I used the PRT website rather than PRT loaded on my laptop. Mainly because I couldn’t download the software on my laptop for some reason. i now have a MacBook Pro. My question is is it safer and better to download the PRT software on to my MacBook or continue use the website?

Useful to show Pre and Post market activities on charts.

I am not hot on 'pooling/same day/30 day' rules as all my traditional share dealings are held in 'Stocks & Shares ISA'. Anyway, these rules don't apply to CFD trading(I believe ) as only the closed contacts during the fiscal period need to be reported on this year's Tax return. Hope this makes sense. About your point on loss making contracts, basically you populate the 'Net' of Profit or Loss. If HMRC needs details then IG statement uploaded will have them.

I tried to copy and past the IG Guidance below as it was. format may be a little off kilter... Please note I just followed what the guidance said. Also uploaded the statement from IG into HMRC website. HMRC has not come back to me to ask any questions.... -------------------------------- Guidance for UK CFD clients This guidance is intended to provide a general indication about the possible tax treatment of CFDs in the UK. It reflects our current understanding but does not constitute advice from us in any way whatsoever and we shall have no liability to you in respect of any loss or penalty arising from your reliance upon this guidance. You should not rely on this guidance when making decisions about dealing in CFDs. You are strongly advised to seek independent tax advice from your own tax advisor that takes into account your personal circumstances. It is important to note that this guidance has not been endorsed by the UK tax authorities and that tax laws and their interpretation are always subject to change. This guidance applies to UK resident individuals only. If you are a non UK resident, or unsure of your residency status for tax purposes, you should consult an independent tax advisor. Our summary reports Our company can provide you with two reports to help you complete your tax return (i) a Summary of Activity of your trading over the previous tax year (or any other period for which you request information) and (ii) the Detailed Activity underlying the Summary. It is entirely your responsibility to check the amounts noted in these summaries are correct, if you have any questions at all contact IG Markets Ltd directly on 0800 195 8009. (i) Summary of Activity This will be in the following format Category Amount 1) Sum of trading profit and loss (including commission) 2) Sum of interest received X 3) Sum of cash adjustments for dividends received 4) Sum of interest paid X 5) Sum of cash adjustments for dividends paid 6) Sum of interest received on cash deposit 7) Sum of interest paid on cash deposit 😎 Sum of tax deducted on interest received on cash deposit 9) Other entries (including cash) X If you have traded in products where profits or losses arise in currencies other than sterling there will be a separate Amount column for each currency you have traded. This is because you will need to use the Inland Revenue’s published Exchange rates to convert these amounts back to sterling. The HMRC website publishes the applicable rates, see http://www.hmrc.gov.uk/exrate. (ii) Detailed Activity This report shows the detail than underlies the Summary of Activity. For each of the categories 1 to 9 above, we have broken out each of the entries making up the Summary totals. For example, you would expect to see all the amounts paid to you as CFD funding interest on short positions in Category 2. Of course any entries appearing on your Ledger Summary should also have appeared on the Statements of account activity you have previously received from us. We recommend you go through all type 9 entries in case any income in this category should be moved into any of categories 1 to 8. Help completing the HMRC Tax Return There are nine categories of income included in the Summary of Activity, outlined below is our current understanding of how a UK resident individual would include these on his or her Tax return. This is based on the assumption that your CFD activity is subject to Capital Gains Tax treatment (which is the normal treatment). It is possible in some circumstances for your activity to be viewed as income from a trade, in which case the following does not apply and you should consult your accountant or other tax advisor. In summary, we believe Capital Gains Tax is applied to the aggregate of the difference between opening and closing price along with the amounts of commission, interest and dividend adjustments relating to all closed positions during the tax year. For clients who have taken long positions this treatment will normally be beneficial as it will enable a deduction for funding interest. Please note that you may not need to tell HMRC about any capital gains if your total gains (not just CFD gains) are less than the annual exemption of £10,100 and total proceeds after costs are less than £40,400 for 2009/10. This last figure is always four times the annual exemption and changes from year to year. The annual exemption for the last five years has been as follows; Capital Gains Tax: Individuals Annual exempt amount 2005-06 (£). 2006-07 (£) 2007-08(£) 2008-09 (£) 2009-10 (£) Individuals. 8 500. 8 800. 9 200. 9 600. 10 100 If you have any doubt on the completion of your return we recommend that you seek professional advice. You may wish to direct your advisor to the HMRC Capital Gains Tax Manual section 56100 http://www.hmrc.gov.uk/manuals/cgmanual/CG56100.htm that sets out the HMRC’s analysis of the treatment of CFDs. 1) Sum of trading profit and loss (including commission) X This needs to be included in the Capital Gains Section of the return as long as your Total chargeable gains were more than the relevant value stated within the above table. Similarly you should fill in these pages to claim an allowable loss. It is very important that you speak to your Tax advisor before completing this Section. 2) Sum of interest received X Any interest received on your account as a result of you running a short CFD position should increase your capital gain. 3) Sum of cash adjustments for dividends received X Any cash adjustments for dividends received on your account as a result of you running long CFD positions should increase your capital gain. 4) Sum of interest paid X Any interest paid by you as a result of you running a long CFD position should reduce your capital gain. Interest paid is an allowable deduction. 5) Sum of cash adjustments for dividends paid X If your account has been debited as a result of you running a short CFD position any cash adjustments for dividends paid can be treated as allowable capital deductions. 6) Sum of interest received on cash deposit X This would be included at ‘Other Income from UK Savings and Investments (except dividends)_Gross Amount before Tax’. 7) Sum of interest paid on cash deposit X Interest paid on cash deficits will not be included on the tax return. Similarly no tax relief is available for interest paid on bank overdrafts. 😎 Sum of tax deducted on interest received on cash deposit X This would be included at ‘Other Income from UK Savings and Investments (except dividends)_Tax Taken off’. 9) Other entries (including cash) X Cash entries will not be included on the Tax Return, but you should review these items to ensure that none of them have been misclassified and should be included under one of the categories above.

I think it is in PDF format. When I received the guidance I uploaded it into my iBooks for future reference, but unable to load it here.

small correction. figures show on the notes were tax exempt amout leading up to 2009/10, not an example.

I had the same issue couple of years ago and rang IG customer services. They were kind enough to email me a guidance notes. It was a little out of date as the figures shown as example were only showing up to 2009/10. But it was a very useful notes. I tried to load their guidance notes but it would not allow me to upload here.

thankyou for your response.

I bought some Gilead shares on Friday morning (UK time) @ around £64. Since then the price has gone down I was making a loss at market close time @ 10:00. I just checked the chart on IG this evening and it is showing the closing price as $74.09. Am I seeing things(Wishful thinking:)? If so can someone please explain why it is showing the latest price as $74.09?

Is it possible to view historical chart for a specific time in the past in a smaller time scale? As an example, Dax on a 5 minutes chart going back to January 2014!, This can be done on a daily or weekly or monthly, but don't know how to view on smaller time scale.