Recent content by SinbadTheTrader

Thanks, an interesting thread. Would it be a correct summary that, if they can hedge, SB firms won't care how much you win?

That's interesting. If you don't mind me following up... What sort of restrictions did they first place on your account? Was the reason for the ban simply that you were winning too much or were other factors involved? Can you give some idea of how much was involved and over what sort of...

I've heard that people have sometimes been prevented from betting because they win too much. For example, I'm told that someone was apparently able to predict corners in football matches better than the bookies and so was no longer allowed to bet. I see it might be an unusual problem but has...

Thanks for both the previous answers. I think I understand now how it works. I'm sorry I didn't reply earlier but I've had appendicitis and been out of things for a week or so. Simon

Thanks. You're right: what IG call the Daily future is in fact (currently) the Mar future under another name. However, they do quote Feb and annual so maybe those refer to internal markets they've set up. It's sometimes difficult to get info from IG (I tried them first on this but no...

Let me put it another way. IG currently quote prices for the following FTSE (and DJ etc) futures: Daily, Feb, Mar, Jun, Annual. All the different months have specified expiry dates (something like the 3rd Friday in each month). Their prices take into account interest/ex-divs up to that date...

Thanks for your answer. I understand what you say but the future I'm looking at on IG is described as the Daily future so wouldn't that mean it expires today? If so, I can't see how there can be such a difference between the FTSE Daily and the FTSE Daily future w/o any ex-divs.

I've just begun trading with IG and I'm trying to understand why there's currently a 28 point difference between the FTSE 100 Daily and the FTSE 100 Daily Future. According to IG's dealing handbook and what I've read elsewhere, futures contracts reflect differences due to interest costs and...