I need a pro to explain this.

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samnakthong

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:confused:What are we trading on iginwex, real time data or delayed? I can't get my head around delays. If they feed us delayed data then what chance do we have?
 
If iginwex feeds you delayed data, why do you not get a real time data feed? It is not like there is no provider for that. Plenty of them around.
 
I'd love a broker that's delayed by 5 minutes. You'd be rich beyond your wildest dreams. :devilish:
 
I think you wouldn't like delayed data. It would mean the bookmaker would know the outcome before they published the odds. You're talking about betting against an outcome that you know the answer to before it happens, I'm talking about the contrary.
So what are you saying? That all charts ie Yahoo etc are absolutely real time, no delays on any index or share?
Sometimes I notice a disparity in timing between indexes when comparing, I was wondering why?
 
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If you trade with IG and use their charts it doesn't matter if they are delayed. The price you get will be the price you see on the chart (well most of the time!!). Remember IG charts default to mid price where others may default to bid or offer - you maybe seeing a discreprancy there. And remember again, they state that their prices are 'only indicative'. And the SB companies don't need to delay prices they have far better ways of stopping you out if they so choose.

Anyway I use IG daily and don't have too many problemds. Also using Metatrader now and the prices are generally the same.

Oh by the way the bookies usually do know the outcome before they publish.
 
Yahoo etc are delayed by 15 mins...i think it says so.

If you are trading real money with IG you will be getting live prices.

Bring up a chart of the FTSE tomorrow and you will see that if the dealing price is 4388 -90 the chart will be showing 4389 (mid price).

If not call IG.
 
Thank you for clearing that up. It makes a big difference if you're trading 20 min binaries, or thinking about it.
 
No still confused. I am looking at comparison charts on Yahoo and can't descide if I am comparing like for like as far as timing is concerned. They seen all over the shop. Any help please.
 
Wnat time frame are you trading? This makes a huge impact on what you see. If you looking at 1 hour chart on IG and a weekly chart on Yahoo you will see some difference!!! Stick with IG (it is real time) and figure out time frames. Yahoo is 15 mins delayed.
 
samnakthong said:
So if I am comparing two indexes on Yahoo then they are both delayed?
Click to expand...
Why do beginners ( I assume you are a beginner) make things over complicated? An index is, as you know, taken from the prices of its underlying constituents. In the case of the FTSE100 (did you mention that?) it is "made up" from the share prices of its constituent stocks. The prices of these stocks are continually moving by the second. The index, I think uses the middle price of the best bid and cheapest offer. So all the prices are continually moving around (in real time) and the index is calculated (in real time) from these moving prices. So there is only 'one' index, or at least only one FTSE100 index etc. Now if you take a snapshot of this index and publish it statically 15 minutes later, every 15 minutes you get 15min delay (like Yahoo and all free sources). This can be further complicated by taking the real time index and streaming it with a 15 min. delay. This is called real-time delayed!
A spread betting platform like IG would publish a real-time non delayed figure adjusted by themselves to give them their profit (spread). When the marke is closed it will run off of the FTSE Future. I suspect the IG FTSE100 index is the same or pretty close to the actual index.
 
So the question remaines, if I am comparing the ftse with the dow then am I comparing like with like as far as delay is concerned, and is this the case when comparing any index with any other?

By the way folks, thank you for your input, as you have noticed I'm feeling my way at the moment.
 
Everything by 15. Does that include the timings on charts that are historical and not live, for instance a comparison between the ftse and the dow for last Wednesday say?
 
samnakthong said:
Everything by 15. Does that include the timings on charts that are historical and not live, for instance a comparison between the ftse and the dow for last Wednesday say?
Click to expand...

Dow is actually 20 mins delayed on Yahoo as per the url I posted. The historical charts will be end of day and therefore reasonably accurate.
 
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