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JamesIG

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JamesIG last won the day on April 3

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About JamesIG

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  1. Worth noting that if you wanted to do this trade we have the ETHBTC cross on the platform so you don't necessarily have to 'buy ETH sell BTC' in the strictest sense. You can do this in one trade.
  2. This seems to be an issue isolated to you and your desktop browser. Please make sure you have access granted to flash, and that there are no firewall settings which restrict the page from loading.
  3. What specifically would you like help with?
  4. You have an order to sell that number of shares working in the market. Go into the 'working orders' section and delete whatever is working, and you'll then be able to sell at market.
  5. This page and video should be of help. Notably this isn't a cost, but a cash neutral adjustment.
  6. Expected index adjustments Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 24th June 2019. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account. Special Divs are highlighted in orange. Special Dividends Index Bloomberg Code Effective Date Summary Dividend Amount AS51 BWP AU 27/06/2019 Special Div 1.56 ESTIMATE TOP40 TBS SJ 26/06/2019 Special Div 30600 How do dividend adjustments work? As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is affected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  7. I ask about academy because there is a specific course for exactly what you are asking questions about... Also, whilst @ha05230 has provided a worked example (thank you for that one @ha05230) there are other things to consider. For example having a 10 point spread on an asset worth 100p is huge, and if the ABC stock is the same asset on the share dealing example then you would immediately be down by £100 on that example as well. If you're leverages 5:1 on the spread betting side then yes, of course the initial value would be 5x (as everything is 5x, including any profits or losses). That is of course only if you are referring to margin of £1000 on SB, rather than a notional value of £1000. When it comes to cost the charge to get into and out of a share deal is £8 each way, whilst with SB there is a 'cost' incorporated into the spread of 0.1% of the notional. This is the easiest way to think of the 'cost'. As I read this, it doesn't really make sense. There is no sweet spot for what you're trying to do.
  8. https://www.cnbc.com/2019/06/19/wall-street-economists-weigh-in-on-wednesdays-fomc-meeting.html
  9. have you been through all courses on Academy? https://www.ig.com/uk/learn-to-trade/ig-academy
  10. Tentative consensus is an unchanged rate range of 225-250 bps, the CME currently gives a 20.8% (FF 19.7%) probability of a rate cut: https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html Also check out the IG dealing platform news and analysis section for up to date information on the rate decision, and also the right hand twitter feed for immediate updates.
  11. I'm not entirely sure what you're asking. £1 a point (where a point is anything to the left of the decimal place) = 100 shares on a UK listed equity. With DS Smith at 360p right now, if you traded £1 a point on SB you'd make or lose £1 if it went to either 359p (down) or 361p (up). This would have a notional value of £360, which is the same notional value if you bought 100 shares via a share dealing account. If the stock went up 10% on both the share account or the SB account, you share dealing position would be £36 in profit, whilst the SB would be 36 points up, at £1 a point is also £36. The difference is to open the share position would require £360 of cash, whilst the SB would only require £72 (assuming a 20% margin requirement). Furthermore SB is tax efficient Share dealing commission is £8 in and £8 out, whilst SB would be incorporated into the spread. Looking at this example right now, the spread is 0.36 points in and out, so 72p around trade as a 'cost'. SB has overnight funding costs to maintain the leverage trade.
  12. Hi @mykig - thanks for reaching out on the Forum. I've just had a look at the correspondence linked to this Community login and I can see that you did message us regarding MT4, however we emailed back within 3 hours with an answer and a link for any further information you may have found useful. Unfortunately with over 195,000 clients with hundreds of new applications a day and many, many more demo applications, it isn't realistic that we can provide a dedicated one on one service - there just isn't enough hours in the day! What we have done is create a number of assets such as web pages, videos, Academy trading courses, the Community and the Help and Support hub, IGTV, and a number of other scalable support areas to help. As noted we unfortunately do not support MT4 for Mac, however you can use this guide if needed https://www.mql5.com/en/articles/1356 and as Caseynotes said, there are a number of helpful guys on Community.
  13. @nit2wynit - check out the following for an overview of SB Vs Share dealing: https://www.ig.com/uk/spread-betting/spread-betting-vs-share-dealing There is an example of Barclays which I've included below which you may find interesting and a little clearer. The share dealing fee of £16 is a round trade of £8 in and £8 out. The Spread Betting cost is incorporated into spread price. You can also check out the 'Spread betting examples and calculator' section for more examples on this page: https://www.ig.com/uk/spread-betting/how-to-spread-bet
  14. hmmm, I haven't heard any other issues from Clients on this one. Please can you make sure your Community settings are correct via this link: https://community.ig.com/notifications/options/ ?
  15. Also note the spread is within the deal ticket (example below)
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