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Occasional Contributor
Posts: 37
Registered: ‎05-07-2016
Accepted Solution

VIX stops

[ Edited ]

hello why are the stops in VIX either 0.2 or then 1 ?

 

0.2 is too close to the bid offer but then you have to run much more risk otherwise 

 

why cant the trader decide to have a stop at 0.5 ?

 

why does IG care where the stop is (apart from trying to get it triggered asap)

 

Community Manager
Posts: 1,052
Registered: ‎20-09-2016

Re: VIX stops

[ Edited ]

Hi - the VIX has a minimum stop distance of 0.2, however if you wish to have your stop at 0.3, 0.4 or 0.5 and above (or any other increment to the 0.01) then you can, simply by typing in your desired stop level. Please have a look at the example below with an opening big of 17.03 and a stop 0.38 away at 16.65. 

 

If there are other functionalities of the trading platform you would like more information on, or explanations of our dealing practices, please don't hesitate to ask. 

 

2018-04-16 15_13_47-IG Trading Platform _ Spread Betting.png

Regular Contributor
Posts: 167
Registered: ‎22-02-2018

Re: VIX stops

...slight edit in that tone for that question there london 😂
Occasional Contributor
Posts: 37
Registered: ‎05-07-2016

Re: VIX stops

ha on this occasion the answer was good 

 

although not sure why the stops jumps from 0.2 to 1 when the arrows should move in increments of 0.1

 

it is still overall a rigged casino 

Regular Contributor
Posts: 167
Registered: ‎22-02-2018

Re: VIX stops

How so? Doesn’t the vix price just pull the underlying future with an IG spread?
Occasional Contributor
Posts: 37
Registered: ‎05-07-2016

Re: VIX stops

you are trading on a bid offer made by IG .. it may or may not track other markets