Pmelb
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Posts posted by Pmelb
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On 01/05/2020 at 17:51, fihagil said:
Yes, I did this and got a nice little email from IG:
I replied back asking what did I do wrong and if I could see any T&Cs that advised against this, but no reply yet...anybody know?
Anyhow, the gap between the front contracts have reduced significantly so the opportunity is much lower than it used to be...
Cheers
I'm quite surprised you would get a letter like that from IG when you are in fact trading within the frame work they themselves provide.
I'm guessing if you have short term 'long positions' where its possible a day trader loses track of time and on occasions holds at market close IG would still expect overnight funding payment and would not deter you from further trading.
As a side note, the front and next futures have converged to make short position arbitrage type trades less appealing, but in the near term as the June contract nears expiry its possible that they diverge, maybe to levels similar to late April. Interesting times!
Oil
in Commodities
Posted
Also, you can get an Excel based Streaming API from IG Labs itself and its free. Doesn't have all the bells and whistles of andysinclair's version, but is functional enough and you can modify it to suit what you want.
Here: https://labs.ig.com/sample-apps