Why are the IG Index bid/ask spreads different to those quoted on other trading sites?
The spreads are wider for spread betting because there are no commissions charged on the trade.
A typical IG Index spread for a daily bet will be between 6-10 points Bid/Ask.
But, in a volatile scenario, such as the market open as the pent up orders from the closed period flow through, the Bid/Ask spread at the market increases.
This can be reflected exponentially on the spread bet.
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