IG adds measure tool to new platform charts, enhances copying of signals

Maria Nikolova

In response to traders’ requests, IG introduces a measure tool for an accurate view of the price and time difference between two points on a chart.

FinanceFeeds has been keeping its readers informed about the developments around the new web trading platform of IG Group Holdings plc (LON:IGG). Since its initial rollout towards the end of 2016, the platform has enjoyed some significant improvements, with the latest raft of these unveiled yesterday.

If we have to summarize the enhancements, we should say that they are focused on simplifying the trading process and cutting the time for working with order tickets, as well as on making trading more precise.

First off, traders now have the option to open standalone tickets without charts. To do that, one can select a market name, right-click on it and select “Open ticket” from the menu. Another way to do it is to right click on a market from the main menu, or from an existing chart. Any tickets traders have open are saved automatically as part of the workspace.

Another improvement is the feature that allows copy signal details to an order ticket. To do this, traders simply have to select the “Copy to Order” button on the signal. This will insert he relevant order level, stop and limit in an Order ticket.

Another important addition is the availability of a measure tool in the new platform charts. This feature is introduced in response to traders’ requests. It provides an accurate view of the price and time difference between two points on a chart.

To use the new measure tool, one has to click the drawings menu on the top left of a chart window, or right-click a chart and select Drawings > Measure tool.

Then, the first click allows to choose the first point on a chart, and a second click allows to choose the second point.

In the end of March this year, as FinanceFeeds has reported, IG added a raft of new features to its platform. These included enhancements to the news section, new ways of sorting open positions and beefed-up watchlists. These enhancements followed the upgrades announced in February – ranging from sound alerts to a darker color theme.

And, since we have already mentioned charting, let’s note that IG’s new web platform offers access to online charting software for technical analysis & trading ProRealTime to all countries where the broker operates. The latest version of the software allows the use of game pads as input devices and offers improved detailed reports, including performance charts. Traders can view and assess their weekly, monthly, quarterly or yearly performance. There are also improvements to the quick access interface which has new order types added to it that were previously only available in the advanced interface. The variety of new order types includes Stop with limit protection, One cancels the other, At market if touched, etc.

Read this next

Digital Assets

LMAX Digital onboards Bryan Christian and Cassandra Cox to lead sales

Institutional cryptocurrency exchange LMAX Digital continues to undergo a series of changes in its top ranks as it continues to build its presence globally. Two industry veterans, Bryan Christian and Cassandra Cox, have joined the group as its newest sales directors in Europe and USA.

Digital Assets

Cake DeFi introduces Ethereum Staking with 5% returns

Cake DeFi, a Singapore-based DeFi platform, is launching its Ethereum (ETH) staking service for retail and institutional customers.

Retail FX

FX trading rebounds 405pct at Saxo Bank in September

In a volatile market driven by Russia-Ukraine headlines, FX trading volumes through Saxo Bank have rebounded strongly in September to the highest level in three months.

Retail FX

CMC Markets’ stock climbs as H1 revenue to climb +20%

CMC Markets PLC (LSE:CMCX) shares spiked 5.6 percent to 235p in Thursday’s trading after the firm’s trading update for the first half of its fiscal year 2023 revealed results at the high end of company projections.

Retail FX

Interactive Brokers doubles client accounts to 2 million in 24 months

Electronic brokerage firm Interactive Brokers LLC (NASDAQ:IBKR) said its trading volumes took a slight step back in September, an indication that investor confidence is still fairly mixed over the past few months.

Digital Assets

DeFiChain tokenizes Walmart, Unilever, US Oil and Gas Funds

Bitcoin-based DeFi platform DeFiChain is opening up the opportunity for its users to trade crypto versions of Walmart, Unilever, US Oil Fund, and US Gas Fund.

Industry News

The B2Broker B2Core REST API Is Now Live

B2Broker has announced the release of its new REST API, which lets customers use B2Broker’s solutions and services for business purposes.

Executive Moves

CME Group taps Paul Woolman to lead Equity Index, Giovanni Vicioso to lead Crypto

“Our equity and cryptocurrency businesses have experienced tremendous growth in recent years, underpinned by strong customer adoption and continued innovation.”

Technology

Sumsub launches document-free KYC for users in India, Brazil, Nigeria and Indonesia

Sumsub has launched one click-KYC for users in India, Brazil, Nigeria and Indonesia in a move that allows businesses to instantly onboard over 2 billion users without requesting their ID documents.

<