IG Binary Revenues Up

This is a discussion on IG Binary Revenues Up within the Fixed Odds & Binary Betting forums, part of the Markets category; Although perhaps they will be focusing more on the recently acquired HedgeStreet exchange in the near future......

Reply
 
LinkBack Thread Tools Search this Thread
Old Jan 20, 2008, 5:07pm   #25
 
BinarySoft Chris's Avatar
Joined May 2005
Although perhaps they will be focusing more on the recently acquired HedgeStreet exchange in the near future...
BinarySoft Chris is offline Software vendor   Reply With Quote
Old Jan 20, 2008, 5:45pm   #26
 
donaldduke's Avatar
Joined Jan 2004
donaldduke started this thread
Quote:
Originally Posted by BinarySoft Chris View Post
Cheers for the link to those results - their betting exchange activities seem to be growing pretty fast. It will be interesting this year to see if any of IG's binary betting clients move to Tradefair and/or if IG will start MMing on that exchange as well - I've heard they are doing some MMing on Betfair's sports markets at the moment.
I doubt if IG will ever make a market on Tradefair. For a start they cant reject or delay deals like they do on their own sites.

Hit IG binaries for anything over 50 pounds a point and see how often you get rejected or have to wait upto a few minutes for them to wait for the market to move in their favour before they accept..
donaldduke is offline   Reply With Quote
Old Jan 20, 2008, 5:55pm   #27
 
BinarySoft Chris's Avatar
Joined May 2005
Well Capital Spreads are the current MM and are doing a pretty decent job so far, posting usually around £5-£10/point on both sides of the spread - hopefully this will rise over time. IG have also been offering binaries for a lot longer than CS, so I'd have thought that IG would have a pretty accurate pricing model by now.
BinarySoft Chris is offline Software vendor   Reply With Quote
Old Jan 22, 2008, 5:18pm   #28
 
leunt's Avatar
Joined May 2003
IG's prices are the same as tradefair's,this happened about a week or so ago.is a third party using their platform to mm or did IG take over from someone else?
leunt is offline   Reply With Quote
Old Jan 22, 2008, 5:37pm   #29
 
BinarySoft Chris's Avatar
Joined May 2005
Well there are 3 sets of prices on TF at the moment on the FTSE Hourly and Daily markets - two sets of £5/point and one £1.50/point. I will do some further investigation of this tomorrow, but I think that one of the £5/point spreads is IG, the other is Capital Spreads, and the third is another MM.
BinarySoft Chris is offline Software vendor   Reply With Quote
Old Jan 23, 2008, 11:32am   #30
 
BinarySoft Chris's Avatar
Joined May 2005
The current £5/point MM doesn't appear to be IG or CapitalSpreads, any idea of who it is? I've checked the following binary prices:

IG/binarybet
CapitalSpreads
CityIndex/Finspreads
ChoiceOdds

...and none of these seem to correlate exactly with the prices on Tradefair.
BinarySoft Chris is offline Software vendor   Reply With Quote
Old Jan 23, 2008, 12:27pm   #31
 
4 Posts
Joined Nov 2003
probably just a program reading the average of the spread firm prices and posting these tradefair.

just looked at the volumes on tradefair for today's up/down ftse - a massive 2 quid matched so far on an exceptionally volatile day !!
Tim_UK is offline   Reply With Quote
Old Jan 23, 2008, 12:35pm   #32
 
BinarySoft Chris's Avatar
Joined May 2005
Well that should change shortly - BDI v2.2 is about to go into public beta (free 3 months usage)...
BinarySoft Chris is offline Software vendor   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
IG Index stevespray Spread Betting & CFDs 105 Jul 14, 2007 5:26am
IG Index Binary Bets dazz Fixed Odds & Binary Betting 20 Mar 22, 2007 3:12pm
Questions to IG UK user from IG OZ user techracer Fixed Odds & Binary Betting 3 Aug 29, 2005 7:39am
IG Index Binary Price Rejects Today Clement Attlee Fixed Odds & Binary Betting 12 Mar 31, 2005 8:58am
IG for forex darrenf Forex 4 Mar 22, 2004 9:50am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)