Saturday and Sunday trading
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This is the place for more advanced discussions. Please include the DVD serial number, or seminar date when applying for membership. Hi All, First off Malcolm, great books, I've read the handbook, winning strategies and 7 charting tools. I really like your writing style, thorough explanations, methodical breakdowns and real-world examples. I'm still very much finding my feet and have a quick question to the forum in general, apologies if I'm being a little simple here I've seen a number of providers quoting that bettors ig ftse trading hours able to bet on indices such as the FTSE 24 hrs a day.
This means you can respond to global stock market news and gain exposure even when the underlying market is closed' Obviously, I'll grill any company I open an account with before betting, but I'm intrigued and slightly suspicious to understand how they can quote the FTSE or any other indices outside of it's trading hours.
I'm guessing it varies from company to company, but is it the individual firm that is quoting the expected price of the FTSE or is there really a bonafide 24hour market hidden from regular equity traders? Dave There's no hidden 24 hour market unfortunately. All it means is that you can place bets outside trading hours, they will be fulfilled when the market is open.
Hi, this has been confusing me a little as well. Ig ftse trading hours signed up with IG a couple of days ago and the FTSE Daily amoungst others seems to be open and the price changing all the time even during the evening, I just lost a few quid on it between the hours or andI wrongly assumed I was placing an order to open but it turned out to be a live position?
Thanks for your help! There is a market in FTSE Futures which is open when the LSE is closed, this is the market that the Spreadbetting companies use to make their ig ftse trading hours "out of hours" One such company that deals in "future" contracts is: The spread betting companies do usually cover themselves by widening the spread out of hours.
Often to 6 points between Yes, to correct an earlier post in this thread, nearly all the spread betting firms provide a 24 hour market in the indices; if you have an open trade with a stop, or if you place an order, the stop or the order will be filled based on the overnight market ig ftse trading hours it gets hit.
Also to correct an incorrect statement in an earlier post in this thread any orders you place are NOT orders to be filled when the market next opens, they are LIVE orders based on the 24 hour market.
This is ig ftse trading hours just for spread betting by the way; there are 24 hour global markets for the major indices Globex markets. The ig ftse trading hours betting firms will continually adjust their prices based on the overnight movements on these 24 hour global markets.
The global markets for indices do shut over the weekend - and so do the spread betting firms some stop quoting prices at 9pm on a Friday, some at 10pm and some at some point between.