MG if u are using ig australia 200 u are infact using a futures contract but the pricing is slightly different.
I spent the last 45 odd minutes running spi and ig together .
Since the open of xjo , ig and spi have been running at 14 points apart [tick to tick] spi is running 16-20 points under xjo [xjo 5474 spi 55-56 ig 68.5 -69.5 ] I'll check on it later to see if they adjust the price to closer reflect xjo but note it moves tick for tick with spi . The only difference I could detect is ig remains open pre spi opening of 9.49.30[auction] and ig open the spread up . They close it up at spi market open of 9.50 with 2 point spread then close it up again when xjo opens at 10 am or shortly after .
If I remember correctly CMC would often adjust there aussie 200 to more closely the xjo price during the day but it would still move with the futures price .
Good response from ig but it would of been nice if they added that they retain the right to confuse as many traders as possible as the objective is to take their money and put it in our pocket . We hedge the good traders to limit our losses but gladly take everyone else's . lol tongue in cheek .
