Jim Nasium
Junior member
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Hi,
New to all this, been visiting this site and watching the markets for some time and just got my IG Index account activated. I was wondering if somebody can please explain the following to me from their website:
"Many of our bets on indices are quoted 24 hours a day, including FTSE and Wall Street. So you can gain exposure even when the underlying market is closed."
Am I missing something here, how does this work, as far as I knew the FTSE 100 closed at 16:30 at 6362.44, but at 21:27 IG Index are quoting a spread of 6421.4 and 6427.4 for the 'FTSE 100 Daily'.
What's going to happen tomorrow when the LSE opens at 08:00 and the FTSE is at around the 6362 mark, arn't IG Index and the FTSE going to be out of sink?
I am sure there is a simple explanation, but couldn't figure it out for myself, like I said I'm new to all this, any help would be grealy appreciated.
New to all this, been visiting this site and watching the markets for some time and just got my IG Index account activated. I was wondering if somebody can please explain the following to me from their website:
"Many of our bets on indices are quoted 24 hours a day, including FTSE and Wall Street. So you can gain exposure even when the underlying market is closed."
Am I missing something here, how does this work, as far as I knew the FTSE 100 closed at 16:30 at 6362.44, but at 21:27 IG Index are quoting a spread of 6421.4 and 6427.4 for the 'FTSE 100 Daily'.
What's going to happen tomorrow when the LSE opens at 08:00 and the FTSE is at around the 6362 mark, arn't IG Index and the FTSE going to be out of sink?
I am sure there is a simple explanation, but couldn't figure it out for myself, like I said I'm new to all this, any help would be grealy appreciated.