Jump to content

Daily Charges for Future Bets

Recommended Posts


I have just started trading (spread bets only) again with IG after a decade or so. I must say the old platform (around 2008) was a lot user friendly and more intuitive then the current one. Live pricing not available for shares,

When placing a bet for a future on lets say FTSE 100 or a share, I have to place an Order and specify an Expiry Date. On old platform you could specify quarterly futures eg March-19, June-19 etc. There was no daily charge. What I am not sure is whether you get daily charges applied for specifically placing a future bet. Can someone please confirm this for me.

Also it would be nice to have the Expiry date as well as Margin Amounts displayed as columns on the Positions tab and not having to click the position and then click on i


Link to comment

Hi @Masin098,, the expiry for a ftse future is set quarterly, current one is March 19th (see chart below) and there are no overnight charges for spread bet futures (see link). Make sure you are on the futures chart by clicking the dropdown box top left corner on the dfb chart and selecting Futures Mar 19.



  • Thanks 1
Link to comment

Hi Caseynotes

Thanks for your response. Not very obvious. Why not have option on Deal tab to select DFB/Futures and then the Quarter.

Above option is not available on shares, unless I am doing something wrong?

Also do you know if future expiry dates for are available for far away quarters? Eg Jun-19, Sep-19


Link to comment

@Masin098, that's an interesting idea, having an option on the deal ticket to switch between dfb and futures.

I've noticed some markets do have a choice between quarterly and 6 monthly but never worked out what the rule was. Also, they don't offer futures (forwards) for all shares but I'm not sure what the criteria for that is either, it might be size of market cap. Apple inc (all sessions) for example offers Mar, June and Sept expiry dates.


Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Posts

    • Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame.      
    • US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy.   The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish?   Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.        
  • Create New...