IG Group enhances new web trading platform

Maria Nikolova

Early client feedback has been encouraging, with IG to continue the rollout of the solution and to introduce more enhancements this year.

The rollout of IG Trading platform, the new web solution developed by the team of IG Group Holdings plc (LON:IGG), started in phases towards the end of 2016, with UK spreadbetting clients of the company getting access to the platform in January 2017. After receiving encouraging feedback from its clients regarding the new platform, IG plans to continue the launch through the current year and to include the CFD clients.

But you probably know all of this already as you must have carefully read IG’s report for the first half of FY2017. So, what are the enhancements to the platform?

What are the novelties?

Sound alerts

We’ve said it before and we’ll say it again – simplicity counts when it comes to online trading. Earlier today, users of the platform were informed of the ability to set sound alerts from the platform. All they have to do is click on settings from the left toolbar, then activate the alert sound effect under the platform settings section. Sound is very important when trading, as the eyes are usually focused on charts and prices and traders rarely spot anything apart from that.

Speaking of alerts, IG Trading enables traders to set alerts for upcoming events, to receive notifications on markets that undergo significant movements after an event, get access to macroeconomic figures as soon as they are released. Traders can even set reminders to notify them up to 60 minutes before an event happens.

ProRealTime button

IG’s team is working on adding a dedicated ProRealTime button to the new platform (hopefully, it will appear there at some point in the coming weeks). In the meantime, traders can still launch the ProRealTime advanced charting package by clicking on the market name above a chart, or by right-clicking on a market in a list.

Improved watchlist functionality

In February, traders are set to be able to rearrange their watchlists according to particular data. And by the end of March they should be able to drag and drop markets into an order of their choice.

Darker colours

IG’s team says that a darker color scheme is amid the most requested features. The company plans to add this option this month.

The reasons for the feature being so popular are various. I dare to suppose that a darker theme simply reduces the contrast between a darker environment and a computer screen – as many traders trade during the night, they try to preserve their eyes. However, a prominent industry representative once suggested that “traders like the night club feel” that dark themes have.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<