Welcome!

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

-----------------------------------------------------------------------------------------------------------------

ISSUED FOR:     IG

FOR FURTHER     MR CHRIS WESTON, INSTITUTIONAL DEALER  

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
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the 22nd International CloudEXPO | DXWorldEXPO "Early Bird Registration" is now open. Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
For years the world's most security-focused and distributed organizations - banks, military/defense agencies, global enterprises - have sought to adopt cloud technologies that can reduce costs, future-proof against data growth, and improve user productivity. The challenges of cloud transformation for these kinds of secure organizations have centered around data security, migration from legacy systems, and performance. In our presentation, we will discuss the notion that cloud computing, properl...
"We began as LinuxAcademy.com about five years ago as a very small outfit. Since then we've transitioned into more of a DevOps training company - the technologies and the tooling around DevOps," explained Doug Vanderweide, an instructor at Linux Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
They say multi-cloud is coming, but organizations are leveraging multiple clouds already. According to a study by 451 Research, only 21% of organizations were using a single cloud. If you've found yourself unprepared for the barrage of cloud services introduced in your organization, you will need to change your approach to engaging with the business and engaging with vendors. Look at technologies that are on the way and work with the internal players involved to have a plan in place when the ine...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes how...
DevOps with IBMz? You heard right. Maybe you're wondering what a developer can do to speed up the entire development cycle--coding, testing, source code management, and deployment-? In this session you will learn about how to integrate z application assets into a DevOps pipeline using familiar tools like Jenkins and UrbanCode Deploy, plus z/OSMF workflows, all of which can increase deployment speeds while simultaneously improving reliability. You will also learn how to provision mainframe syste...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...