CMC Next Gen Gross Difference with Underlying Stock

[alyl21]

Recently, I have been trading with CMC. However, I observed that their chart patterns were quite different from the real market charts. It wasn't because of the spreads. The difference was gross and unexplainable. I have attached the links to two examples. I hope investors and traders can take this 2 cases as a warning before trading with CMC markets.

Please see the case of Neptune Orient lines, a company in Singapore

Alex Lew Yan Liang


Please see the case of Neptune Orient lines, a company listed in the U.S

Alex Lew Yan Liang

 

[alyl21]

Recently, I have been trading with CMC. However, I observed that their chart patterns were quite different from the real market charts. It wasn't because of the spreads. The difference was gross and unexplainable. I have attached the links to two examples. I hope investors and traders can take this 2 cases as a warning before trading with CMC markets.

Please see the case of Neptune Orient lines, a company in Singapore

Alex Lew Yan Liang


Please see the case of Neptune Orient lines, a company listed in the U.S

Alex Lew Yan Liang

Alex Lew Yan Liang

See another well traded stock Citigroup. The entire direction is different.

Please help.

 

[scose-no-doubt]

wrong tf lulz

 

[Lightning McQueen]

wrong tf lulz

yes something odd going on, the price action looks fine, in comparison for the citigroup example at least. i think data is being deliberately missed off at the end of the cmc chart in attempt to make an issue.

if you are going to run a comparison alyl21, please, at least run the same date sets.

 

[alyl21]

yes something odd going on, the price action looks fine, in comparison for the citigroup example at least. i think data is being deliberately missed off at the end of the cmc chart in attempt to make an issue.

if you are going to run a comparison alyl21, please, at least run the same date sets.

Not deliberately making an issue.

that's how the charts are being shown on my computer. You can create a demo account to take a look.

I am uploading a fullscreen of how the chart looks like. no manipulation here.

 

[alyl21]

Not deliberately making an issue.

that's how the charts are being shown on my computer. You can create a demo account to take a look.

I am uploading a fullscreen of how the chart looks like. no manipulation here.

another chart of a well traded C. I can't see how it fits the real chart

 

[Lightning McQueen]

Not deliberately making an issue.

that's how the charts are being shown on my computer. You can create a demo account to take a look.

I am uploading a fullscreen of how the chart looks like. no manipulation here.

if we keep to citigroup, your example chart from cmc has an end date of 1/11/11 whereas the "underlying chart" has data to 19/11/11 so of course they will look different, where you've highlighted the cmc chart as being different is in fact exactly the same as the "underlying chart" if you ignore everything after 1/11/11 on that chart.

for sure, if cmc's charts only go to 1/11/11 then yes, there's a problem, try again with the same start and end dates for both charts

ah, i see you've posted an updated, correctly dated chart of citi, see that wasn't difficult now was it

 

[Lightning McQueen]

anyway i find your blog totally misleading. you've taken the two charts and shown them out of context to each other. why is that, you must have noticed the end dates on each chart ?

 

[Ross Spur]

If CMC's CFD platform is like their SB, the problem could be to do with charts that stop moving, so later candles are all off the right side of the window.

 

[Lightning McQueen]

i've had a look on the cmc sb citi chart and there does appear to be data missing on the daily from 4th to the 16th november, though switching timeframes to 4hr does pull things in to match up with the blog posted comparison chart of citi.

 

[wackypete2]

Naturally, the guy without a clue about his charts has a vendor badge.

Peter