Tubbjess
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Posts posted by Tubbjess
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5 hours ago, CharlotteIG said:
As @Caseynotes mentioned, our charge is incorporated in the spread.
The futures contracts we offer are the underlying market price with our spread wrapped around it.
The cash/dfb price you see is the futures contract adjusted for fair value.
The reason people may choose to have the cash/ dfb contract rather than the future is if they're not looking to hold the position for very long. It has a much smaller spread than the future contract.
Further to this, it may depend on the source you're getting the pricing from. They may be using a different method to price their cash/ dfb price.
I hope this helps
Thanks CharlotteIG, just a couple of queries. I’m not up to speed with your jargon so can you explain your first sentence via an example? Also what are dfb and fair value?
thanks
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I’m fairly new to spread betting but I’ve made some bets on the Dow (Wall St on IG) and I have found that the current price on an open position is always about 60 points lower than the current price (sell/offer) quoted. I guess this is something to do with IG’s charges but can someone explain if it is and how it’s calculated?
Spread bets on Wall St.
in IG Trading Support - Dealing Questions
Posted
The links were very helpful I can (almost) see clearly now 😊