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FTSE / DOW YTD

OMG. Every single stock in my portfolio up or flat.

It's been a very long time since that's happened.

It looks to me like today is real buying with more than one party competing for volume. Hurrah. Makes a change.

I like the chart Skinny

Good morning!

Good morning

CBI Realized Sales 20 16 32

UK mortgage approvals hit nine-month high in June - UK Finance

IG charts now show:

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

That's a serious wealth warning

Some fairly hefty margin changes imminent at CMC!

UK retail and mortgage data points to pick-up ahead of BoE decision

Skinny re. CMC. I think you can avoid the increased margin requirements at CMC if you register as a non-retail trader, which I have done. It was a fairly simple process. I thought all brokers would be affected as, apparently, it is due to a change in the law.

My thoughts over the market turning yesterday may prove to be wrong again.

The outcome of the margin changes for most Clients will be interesting as effectively it's going to cut down on index trading.

I'm wondering what the long term affects will be on stocks. Brokers appear to be taking different stances on the go live date. Some are going with you need new levels of margin on day 1, others are going with only new positions at the new margin.

I'm also assuming the negative balance protection means margins on less liquid stuff may be well above the guidelines.

I'm guessing it's going to push down anything below say £100m market cap which is popular with PI's.

Double post

Good morning all

Morning!

The Papers

Good morning!

Good morning!

Morning!

The Papers

Morning all

Hi,

I'm wondering if anyone has any advice on "coded trades". Small trades on illiquid stocks which can't possibly be real trades as the volumes are so low no-one would bother. I see them all the time.

A couple of examples from today.

CTO. A trade of 58 shares at 9:04:00. £48 of stock. It is my guess that this means one of the MM's wants to buy 5800 shares. But I'm not sure once it's been signalled what the purpose would be. It kind of matches the 3306+2332=5638 shares that have gone through this morning and would indicate someone wants to keep a flat book. There has been a known seller on this stock for the last three weeks selling at 81.2 is.
The timing of these small trades seems to follow other trades.

Another one.
PCF. Trade of 144 shares at 9:01:22. Tha'ts £58 of stock. No-one would bother (unless it's book squaring between MM and even then I don't think they would bother for that small an amount).

I could tell you but..... 😀

but the answer is really boring ?

I've often wondered the same thing - I guess some are covert and I've seen some tie in with dividend payment date - so probably reinvestment?