qklink
- 01 Nov 2011 12:23
Just wondering what action other people with spread betting accounts with MF Global are doing. At the moment trading seems to be as normal so I`m not taking any action.
Personally I have a few heavilly in loss positions held from the recent early summer falls(held in stocks I am confident,as opposed to be happy, to hold).Since the early summer generally trading has been good and profitable up to yesterdays big falls. My "trading power"(cash) is always at least 50%.So my big concern is that I am forced to close current open positions at this time of falling markets.This is because I feel I am well positioned for the future,but I would want to close positions at the time of my own choosing and not forced to sell now.
qklink
- 01 Nov 2011 23:01
- 6 of 6
ptholden, many thanks just checked web site and IG Index do offer a spread free transfer.Has anybody done this recently and what was the experience like,how did it work?was there any problem transfering cash balances.Overall this seems a good solution for me.
Bye the way Harrycat, I did get a similar e-mail on Monday for spread betting but it was withdrawn 10 mins later.