We have recently undertaken a wide-ranging review of our deposit rates for individual shares. As a result we shall be changing the deposit rates on a large number of shares, from Monday 9 February.
These changes will ensure that our margining policy is appropriate to the persistent and unprecedented volatility we have seen in the underlying markets. Following activity of this type it is prudent to review each of the stocks that we offer and to make a fresh assessment of a suitable deposit rate.
You can see all the deposit rates that will apply as from 9 February in our Shares List (pdf, 1434KB). Please note this is different from the shares list currently available on our website.
Please also bear in mind that, should these changes increase your deposit requirement on 9 February, you will be liable to fund any shortfall. If you are in any doubt as to how this will affect your trading please contact our Helpdesk at helpdesk@igindex.co.uk or 0800 409 6789.
You should of course note that when you place a stop order on your position your deposit requirement will normally be reduced, often quite dramatically. This is the case whether you place your order on opening or attach it to an existing position. We strongly recommend the use of stop orders to manage your margin during this period of extended volatility.
Remember that spread betting is a leveraged product and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please ensure that you fully understand the risks involved.
We have recently undertaken a wide-ranging review of our deposit rates for individual shares. As a result we shall be changing the deposit rates on a large number of shares, from Monday 9 February.
These changes will ensure that our margining policy is appropriate to the persistent and unprecedented volatility we have seen in the underlying markets. Following activity of this type it is prudent to review each of the stocks that we offer and to make a fresh assessment of a suitable deposit rate.
You can see all the deposit rates that will apply as from 9 February in our Shares List (pdf, 1434KB). Please note this is different from the shares list currently available on our website.
Please also bear in mind that, should these changes increase your deposit requirement on 9 February, you will be liable to fund any shortfall. If you are in any doubt as to how this will affect your trading please contact our Helpdesk at helpdesk@igindex.co.uk or 0800 409 6789.
You should of course note that when you place a stop order on your position your deposit requirement will normally be reduced, often quite dramatically. This is the case whether you place your order on opening or attach it to an existing position. We strongly recommend the use of stop orders to manage your margin during this period of extended volatility.
Remember that spread betting is a leveraged product and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Best regards,
IG Index
Tel: 0800 409 6789
Email: helpdesk@igindex.co.uk
www.igindex.co.uk
shares_list_9feb.pdf