friday switching to continue, page-100

Morn all , HBG and others who use cmc it's worth noting they [cmc] use the spi and it moves tick for tick with spi although the difference is spi charts are based on last sale price where as cfds like cmc and others work off the bid or offer price for their charts , so the charts will always be a little different intraday .

As your aware spi bid/ offer can change without sales going through and this also disstorts cmc charts as their charts move with spi bid offer and not last sale .

I have noted cmc will occasionally do a small stop run but not many points like most suspect .

But the most confusing thing with cmc is they change the pricing difference to spi on a daily [morning] bassis as Volt says cause of divvy and also they inform me they have a factor of using interest rates as well .

cmc also often fudge the open at times where as spi open is a book build I think and the open on my machine is always 30 secs before the real open price at 9.50 am .
Guessing this is to make sure it works .lol or my live machine has delayed data .

ge