IG Index/Binary Bet Rejections

Yes. Things have changed for me!
OK - maybe they're not manually accepting/rejecting orders as the delay is not 30+ seconds (as Donald's post above states).

Orders dont take 5 seconds to accept or reject.

Brettus - please elaborate.

Ok. FFO for ladbrokes and party gaming. I've accepted/rejected trades. It takes about 2 seconds to realise whether its a bad bet or not. Eventually you get to know the clients and you know when they are trying to pick you off. I understand the clients point of view though. When a trade comes up and its in the clients favour it says odds 5/1 should be 3/1, generally that will get rejected straight away. If you sit there all day accepting bets, you will know what the odds should be, and as soon a winner tries to trade, you are alerted straight away to the vols being off.

It's not a coincidence that you get 5 clients trying to hit you at 28/1 in eurusd on 5mins.

If you do a binary a little bit more obscure then there's more chance of it getting accepted.

Very interesting thanks for posting.

I have a feeling that IG have automated this manual process of adjusting binary volatility/odds based on winning punter bets. It would not be very hard for a computer to do.

Yes. No doubt IG has inbuilt programming which functions akin to the Virtual Dealer software that delays order acceptance and re-quotes prices.

I quite enjoyed reading this thread as I have recently experienced something similar move from electronic to manual execution on a broker platform! Is anyone still trading Binaries and getting elctronic executions? Please let me know especially on FX 5mins TF

Any changes on the slow execution / constant re-quotes?
How much did you make beofre they placed you on manual execution?