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IG Index Spread Caps

Michael Henchard · 2015-03-23 20:27:08

Hi all IG Index informed me they were raising spread caps in March 2014 for forward positions in US equities. This increase was by a factor of 10. For example the near quarter spread cap increased to 100 points which significantly increases charges on higher priced stocks. This happened to be around the time I had put my…

23-03-2015 09:27PM

#1

Michael Henchard

Registered Users, Registered Users 2 Posts: 9 ✭

Join Date: November 2013

Posts: 7

Hi all
IG Index informed me they were raising spread caps in March 2014 for forward positions in US equities. This increase was by a factor of 10. For example the near quarter spread cap increased to 100 points which significantly increases charges on higher priced stocks. This happened to be around the time I had put my most profitable 12 months together which seemed pretty convenient to me.

Anyway I just wanted to check with people here who might also use their long dated equity spreads whether they had also seen an increase in charges last year?

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