IG releases new share dealing platform

Maria Nikolova

The new web trading platform allows buying and selling of more than 10,000 shares, trusts and investment funds.

Online trading major IG has earlier today confirmed that the release of its new share dealing platform. The platform enables trading in more than 10,000 shares, trusts and investment funds.

When traders first log in, they will find a new workspace. By clicking “Add to workspace”, you can add watchlists, markets, etc, thereby customizing the workspace. Traders can name the workspaces and add more workspaces at their own discretion.

Traders can browse all markets sorted by popularity from the left-hand menu. Traders can apply filters to search for stocks, ETFs, etc. A particular stock or ETF can be found by typing its name (eg., Apple) in the search bar.

Ticking the markets name will bring its chart and deal ticket on the screen. The charts are built on html5 technology. When a trader is ready to place a deal, use the deal ticket. They can choose whether to deal in quantity of shares or in value (in one’s account base currency). Traders can choose among market, limit or stop orders.

Users of the platform can use the alert tab to set alerts, so that they can be notified when a market changes a certain amount or fulfills one’s technical conditions.

To stay updated, traders can make use of the news and analysis feed available on the right side of the platform. More detailed information may be viewed by visiting the left-hand menu and selecting “News & Analysis”. This can be added to one’s workspace if a trader would like to keep it visible.

Traders can keep an eye on their balances at the top of the platform.

Let’s recall that, during the first half of FY20, IG saw its client numbers grow. The brokerage generated 96% of its net trading revenue from OTC leveraged derivatives. OTC leveraged revenue in the half was £239.5 million, in line with H1 FY19. IG served 6% more active clients in H1 FY20 which was offset by a 6% reduction in revenue per client.

ESMA region OTC leveraged active client numbers were up 4%, whereas other Core Markets OTC leveraged active client numbers grew 5%.

Read this next

Digital Assets

US court greenlights IRS to track down crypto investors

A federal court has authorized the US Internal Revenue Service (IRS) to issue a so-called John Doe summons for taxpayers who may have failed to report and pay taxes on cryptocurrency transactions. 

Executive Moves

GCEX hires American Express’ veteran Marilu Revelli as marketing director

GCEX, a digital asset and FX technology platform for institutional and professional clients, has appointed Marilu Revelli to the role of Marketing Director.

Crypto Insider

Gate.io lists DeFiChain’s DFI token amid growing popularity

Bitcoin-based DeFi platform DeFiChain announced the listing of its native DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges.

Digital Assets

Binance in discussions with Japan regulators to relaunch operations

Binance, the world’s largest crypto exchange by traded volume, is reportedly seeking a license to operate in Japan after its exit from the country four years ago.

Digital Assets

OKX Chain integrates .crypto domains to simplify wallet transactions

Unstoppable Domains, a company building Blockchain domain names, has entered a partnership with EVM and IBC compatible chain OKC (OKX Chain). This collaboration will grant OKC’s users the ability to simplify deposits and withdrawals within the regulated fiat-focused crypto-asset exchange.

Retail FX, Technology

MetaTrader’s iOS issue opens brokers’ eyes to other trading platforms

In a surprising (or-not-so-surprising) move, Apple has removed MetaTrader 4 and MetaTrader 5 from its App Store in a huge blow for the leading FX trading platform provider.

Retail FX

Pepperstone adds Capitalise.ai analytics and automated trading tools free of charge

“We look forward to bringing significant value to Pepperstone traders and making a real, positive impact in their daily trading habits. We are excited to welcome them on board.”

Retail FX

FP Markets wins Best Global Value Broker for 4th consecutive year at the 2022 Global Forex Awards

“We greatly appreciate the continued international recognition as at FP Markets we pride ourselves on these attributes and these prestigious awards are testament to the hard work from our global team to always provide our clients with the ultimate trading experience.”

Inside View

How to Engage Your Customer at Every Stage of Their Journey

As many as 89% of successful businesses say that providing assistive customer experiences is critical to their growth. That’s because a mere 5% increase in customer retention can boost profits by 25% to 95%.