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Kiwi_Rob

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Everything posted by Kiwi_Rob

  1. The OP has an incorrect understanding of Margin. If he refreshes his knowledge then he will also understand how it relates to Leverage, and then will understand that it is not irrelevant to spread betting on the IG platform. Most replies are guiding towards resources to help him improve his understanding and increase his knowledge on this. That a good example of a community being helpful. No one is debating his interpretation of the P&L impact of price movements in the asset being bet on.
  2. This link will help refresh your understanding of Margin and Leverage: https://www.ig.com/uk/trading-strategies/what-is-margin-in-trading--200224 "Margin in trading is the deposit required to open and maintain a leveraged position using products such as CFDs and spread bets. When trading on margin, you will get full market exposure by putting up just a fraction of a trade’s full value"
  3. Have a look at cityfalcom.com The basic version is free and there are a range of filters to help sort the news as you want to receive it. Create a (free) account to save your portfolio and settings etc. They have premium subscriptions if you want access to pay-walled content.
  4. Do FTSE dividend adjustments apply to Futures or just Cash/DFB positions?
  5. How do we interpret the 0.11 for FTSE 100? Is that 0.11 points? (the index is 6295 at the time of writing this) Could you provide an example calculation, say for a trader with 50 points long position on FTSE 100?
  6. Thanks for confirming that. I might be missing something, but why would someone take a long-term position on an Index using Futures when the dividend adjustments more than cover the daily interest costs? Intuitively it should make sense to buy a Futures contract, but over the last three months my Dividend Adjustments have been more than my daily interest costs. Have I just struck it lucky with timing (ie. holding contracts at the time that Dividends where paid) or have other traders also noticed this?
  7. Apologies if this is a silly question, but does IG make/pay dividend adjustments when you are holding a Futures contract? I know they do with DFBs and I have searched the site with regards to Futures but am struggling to find anything that specifically references dividend adjustments on Futures contracts There is a note on my Trade Analytics that says "Your average holder time on indices is 10 days. It's usually cheaper to hold futures contracts after 3-6 days." This makes sense as the initial cost (wider spread on the Futures) will be more than offset but the absence of any daily interest fees after a few days (or week). However, the Dividend adjustments I receive are higher than the aggregate daily interest cost (albeit the Dividend adjustment is only paid periodically) which is why I am trying to confirm that I would still receive these Dividend Adjustments if I trade Futures rather than DFBs? Can anyone confirm this, or point me towards where I can find it on the IG site (I have looked but I must not be looking in the right places). Thanks in advance!
  8. I've just received a similar push notification on my phone. IG should not be sending spammy notifications that the clients does not want!
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