News Feed Item

CFD Trader Psychology - A Shift to Shares and Mobile Trading

MELBOURNE, Australia, February 3, 2014 /PRNewswire/ --

  • Market sentiment showed further improvement post-GFC, although concerns are increasing
  • IG clients have migrated back to stocks, and mobile trading continues to rise

2013 was an outstanding year for global equities, with traders happy to follow the trends higher; however, 2014 hasn't started off as positively. Concerns are increasing around how moves in emerging markets and rebalancing in China will affect the global economy, though IG clients are seeing significant trading opportunity here.

IG, Australia's leading CFD provider*, saw increased trading confidence within its client base throughout 2013; the total level of Australian client funds held with IG increased 18.8% from 2012, and was up 37.8% from June 2012.

During the GFC, IG's clients who traditionally traded individual equities migrated to the Australia 200 (ASX 200) and other global indices due to the diversification these markets provide. However in 2013, post-GFC, in terms of equity transactions, IG's Australian clients traded 13% more than in 2012.

Tamas Szabo, Head of IG Asia Pacific, comments that while indices and forex were still very popular in 2013, IG has seen a shift back into equities.

"Clients seemed happy to increase their exposure to stocks last year as market sentiment improved," Mr Szabo said.

"This shift in trading psychology is particularly interesting, because volatility was at historically low levels in 2013, although short selling opportunities are looking likely, with volatility potentially increasing this year."

IG extends US market hours during earnings season

Trading US shares through traditional brokers is typically expensive; if clients are looking to take advantage of short-term moves with leverage, CFDs offer a convenient alternative, with the flexibility to go short as well and long.

IG has recently added the capability to trade a number of US shares during extended hours, giving clients the ability to trade US companies when they report their earnings, quoting from 8pm to 12pm (AEDT) Monday to Thursday and 8pm Friday to 9am (AEDT) Saturday.

IG's Australian clients have responded to the extended trading hours positively, increasing their exposure to US stocks which has continued the shift into the share CFD trading space. Given the view on the US economy this year, it is an area we expect further growth from Australian clients.

Mobile trading trend continues to skyrocket

Australia has the fifth highest smartphone penetration as a percentage of the total population in the world at 64.6%¹, and Investment Trends' 2013 CFD Report highlighted that 56% of current CFD traders use their smart phone for news and information.

The shift to mobile trading is exponential; in October 2011, around 14% of all IG clients' transactions were executed using a mobile device - now over 40% of IG's clients transactions are executed via a mobile trading device and this percentage is increasing.

IG continues to invest significant funds in mobile technology, and has the best mobile trading offering in the CFD industry^.

¹Google/TNS, Q1 2013

* By primary relationships, Investment Trends June 2013 CFD Report

^ Highest client satisfaction with smartphone/tablet platform. June 2013 Investment Trends Australia CFD Report

About IG

IG specialises in financial derivatives, principally CFD trading on over 6,000 global share CFDs, indices, forex, commodities, options, binaries and more. IG Markets is a part of IG Group, a FTSE 250 company established in 1974 which now employs over 1000 staff in 16 countries.

A CFD (or Contract for Difference) is an agreement to exchange the difference in value of a particular asset between the time at which a contract is opened and the time at which it is closed.

IG Markets advises that trading CFDs may not be suitable for everyone, since CFDs are a geared product and can result in losses that exceed an initial deposit, and that product disclosure statements are available from http://www.ig.com/au

IG Markets Limited. ABN 84 099 019 851, AFSL 220440

Authorised Futures Dealer in New Zealand, Company No.2249573




INFORMATION:    TEL +61(03)9860-1758 OR +61(0)416-548-119

SOURCE IG Australia

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Qosmos, the market leader for IP traffic classification and network intelligence technology, has announced that it will launch the Launch L7 Viewer at CloudExpo | @ThingsExpo Silicon Valley, being held November 1 – 3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The L7 Viewer is a traffic analysis tool that provides complete visibility of all network traffic that crosses a virtualized infrastructure, up to Layer 7. It facilitates and accelerates common IT tasks such as VM migra...
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, discussed how the ability to access and analyze the massive volume of streaming data from millio...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...