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JamesIG

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Everything posted by JamesIG

  1. Expected index adjustments Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 11th June 2018. 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: Special Divs are highlighted in orange Special Dividends You can see the special dividends listed below. Unfortunately we do not have granular insight on the effect on the index for the index in question, however the below maybe helpful for some. Please note the dates below are the stock adjustments in the underlying, whilst the index div adjustments are taken out the day before on the IG platform at the cash close. Index: NIFTY Effective: 14/06/18 Summary: Special Div of 1000 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 effected, 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.
  2. daily interest on FX is calculated in the following way: Swap Rate x Trade Size ...therefore a change in margin deposit required to open a position shouldn't have an effect (assuming all other things are equal).
  3. Welcome and others who have recently joined. As with all thing new there is generally a learning curve, but if you have any questions or want to discuss the markets at all, please just chat away. There's no such thing as a silly question!
  4. If you add the 'volume' indicator you should see what you're looking for. If you are looking for more detailed information, as casey said, please check out the L2 offering (however this would only be for stocks and shares). You can use the L2 info to get time and sales etc, and market depth.
  5. At this point there is a limit to the amount of MT4 accounts you can open, however I will be sure to pass your feedback on to the relevant team. What I would recommend you look into is using the ‘Magic numbers’ function in MT4. This way you can get multiple EA’s to run on the same market if needed (you will need to open more than one chart). When you use the magic number function you code in the EA to only trade and manage trades that have a specific magic number. There are many ways of doing this but I would suggest looking at the Metaquotes forum as there are a number of articles going through this and what can be done. We don't provide any coding advice but the MetaQuotes forum may be worth a browse.
  6. Thanks for these great suggestions. I will look to add this to the end of month feedback requests report which is sent to devs and management. Thanks.
  7. Please note the following may be useful in the future https://status.ig.com/
  8. Hey all - I know that no one has replied to this thread in a long time, however i can see that it actually receives a significant viewership each week and therefore just wanted to flesh out the reply given by hannah and add a picture with a worked example. As stated above, the 'Order Level' seen on a share dealing ticket (or other CFD or spread dealing ticket) will be the point at which the market needs to trade through before your deal is executed. In other words, the market needs to move through that price point for shares to be bought or sold. Lets take the below example deal ticket using the old 'classic' platform for share dealing... What the above is say is that BARC is currently priced around 209 roughly, and that I am looking to BUY a quantity of 1000 shares. I will make the trade a 'Limit Day' (i.e. if the trade isn't triggered by the end of the day then it's going to cancel), but I have a limit on the maximum price I am willing to pay. I am saying that I will set a limit of 200 via my order level, so if the price comes down to that exact level, my deal will go through and I will look to BUY the 1000 shares at 200. The new desktop trading platform - the same thing is called 'Price Level' Below is an image of the new desktop dealing platform. You can see that on the 'orders' tab you will be able to set a specific price level rather than an order level. It means the same thing and is the level the market needs to trade through for your order to be executed.
  9. Hi all - I just thought I would give an updated answer as I can see that this post has been viewed a number of times even though there haven't been any additional posts on the thread. How to reset your demo account If you would like to reset your demo account then please simple make a request via email to helpdesk@ig.com. Please include the following pieces of information quick sentence requesting a reset of your demo name demo account number (you can find this out by hovering over the account name in My IG) or simply let us know which account you are looking to reset if you have multiple demos. email address you used to sign up with (or simply contact us on the same email address). How to add additional funds to your demo This can only be done via My IG. Simply load the page, and then select the 'deposit funds' option from the three bullet point drop down menu on the right had side. Please note once fake funds have been added, you won't be able to remove them.
  10. Hey - the dividend adjustment will always be made at the cash close of the market it represents. https://www.stockmarketclock.com/exchanges/hkex/trading-hours
  11. Please keep the thread on topic and be civil. It would be a shame to lock another one due to personal attacks and bickering.
  12. Hi - There are a number of different stock types which act differently due to our prime broker, Citi, who handle orders in different ways.This will be based on whether or not the stock is SETS, SETSqx etc ... On that particular stock though you should be able to set stop / limit orders, however it will be dependant on the time of day. You should be able to place these ten minutes before the market open (on UK LSE listed stock for example) as well as during the main session. If you are having issues please give us a call and one of our sales traders can look into your account and the trade specifically, and would be able to help as it could be a case by case basis. https://www.ig.com/uk/contact-us
  13. You can only have one PayPal account per IG account. If you are looking to change this I can make an IT request to get this sorted, however you will lose the existing linked paypal account. If you are happy with this let me know and I can look into it.
  14. hey - At a very basic level the central bank of Japan 'owns' the JPY. When there is a public holiday the bank is shut, and therefore even though other banks are trading it and you can still use the yen, it won't actually 'settle' until the bank is open again. These overnight charges are based on the underlying market, and therefore the deliverable date of the currency. Therefore there is a bump in the tomnext rates to include an additional day. This is done globally the world over, not just an arbitrary IG charge. It's also worth noting that if you opened a trade after the 10pm cut off time, you could hold a trade for all those days without a charge, so if you're holding long term it has no real effect.
  15. Hey - you can have guaranteed stops on MT4, but only if your account status is 'Limited Risk'. You can check this / change to it via the following location in My IG (when accessed from a desktop or laptop computer).
  16. Thanks for the update If any other community member is experiencing this please just add a quick comment as it'll help with the investigation. Currently I can't seem to replicate it so it could be an issue isolated to the account or machine you are using / cache settings etc.
  17. thanks Michael - I'll pass this on however I don't believe it should be expected behavior. I'll ask (on our technical support team) to make a note. Dont forget you can expand all on the open positions list with one click by using the 'expand +' button at the top.
  18. Hi - I've just tested this and can confirm that if you leave the markets 'expanded' in the Positions tab then when you next log in they will remain expanded. If they are minimized they will remain minimized. As said, your personal settings on the new platform are saved automatically.
  19. wrote: Hi James, Thanks for coming back to my question. I would like L2 info/data, so I can analyse/consider all orders/bought and sold shares with volume info in real time before making a final decision. Thanks @mella - in this case you can download the L2 dealer (as above) and execute via that platform. IF you would like charting packages as well, then you can also use the PRT offering, however because this will use derived pricing and OTC fills the charts won't be a direct or accurate representation (depending on how specific and accurate you want the charts to be).
  20. wrote: hi i have a simple question not sure if its the right place but i need to know why when i click on the little blue pen icon on a Australian stock it asks me for my Tax file number? but if i click on the chart and then go to execute a trade it seems to work fine and not ask me for my TFN? Hey - I've passed this to our Australian office who will be able to assist.
  21. wrote: Hi , thanks for the clarification, can I just ask though, am I right in thinking the L2 DMA platform doesn't come with a charting package?, and if so and you were using PRT just for charting and DMA for dealing would you be liable for the monthly fee for using PRT or would the trades through DMA count? Hi - to clarify you don't need to execute the actual deals through PRT for them to count towards the 'free PRT' offer. That was poorly worded but I hope it makes sense.
  22. Thanks for the Community reply. Hopefully I can add with the mod response. L2 data feeds and PRT are separate packages. If you have the L2 data on and you want to use PRT you will not see market depth, and there will be no benefit from having L2 enabled - i.e. your deals would be executed in the market. As stated if you're going to be using L2 data it would possibly be more useful to use the L2 DMA Platform: https://www.ig.com/uk/l2-trading-platform This is useful if you're going to be dealing in size or want to do specific trade execution. For most, although DMA is often thrown around in chat rooms and online courses and is generally thought of as 'superior' (it is), it may not be necessary for all individuals. What was the thinking and reason you wanted the L2 data and execution? Let the Community know what you are looking for from a dealing point of view and we should be able to assist / guide on whats the best option.
  23. Thanks for the feedback - we are looking at a number of options at the moment to improve the forum and will update every as best possible when we have a possible solution.
  24. wrote: Can someone from IG confirm whether IG platform could still be used when one moves abroad? Is it possible to change postal address to one abroad? Much appreciated. Hi - This will really depend on the account type that you have, and where you are moving to. For example if you have a spread betting account but move to Australia, different rules would apply as apposed to say, having an ISA and moving to Canada. It will also depend on how long you are moving for as short term secondments can sometimes be processed differently. Please get in contact with us with the specifics and we should be able to assist.
  25. Hi - if you have an order to open which is placed whilst the market is closed, and it's triggered on the open, it will be filled at the best available price (assuming all criteria are met). For example, say the market is at $5 and you have your stop order placed at 5.50, when the market opens at 6 you will be filled at 6. If you placed a Limit order then you wouldn't be filled, as your order type is basically saying "I do not want to pay more than 5.50 for this stock". Don't forget on the US pre market you can give us a call to trade those specific stock before the 14.30 GMT main session open, or trade the 'All Session' equities.
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