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2024-07-03
News IG Markets
IG Securities warns of August 2024 expiry of retirement options

IG Securities warns of August 2024 expiry of retirement options

IG Securities, the Japanese arm of IG Group, has published a notice of expiration for the retirement options that mature in August 2024.

Traders should pay attention to key dates and procedures to ensure smooth transactions.

Key information:

1. Order Management:

    - Settlement orders can be placed, modified or deleted using the chart and open positions screen.

2. Auto Settlement:

    - Orders not completed by the deadline date will be automatically canceled.
    - Trading Deadline: August 2, 20:00.
    - Settlement time: After 20:00 on August 2, positions will be settled in order of maturity.
    - Settlement price: trading price as of August 2, 20:00.

The broker notes that traders should check the expiration dates of their positions to avoid confusion.

In addition, after the issue is replaced, the clearing information will be updated to the new issue, which will make it difficult to distinguish expiration dates by clearing column.

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