I haven't actually checked a calc with the IG fee structure, so worth having a look.
With 1 contract ($25) the costs for 24 hours would be:
Aus200 Cash: $25 (1 tick spread) + (25 * 6000 * 2.5%/365) = $35
Aus200 Future: $75 (3 tick spread)
However the cash cost would go up by $10 each night that is held, so Futures start being cheaper after day 5 for this example.
Note: the spread is larger out of hours, something along the lines of 3 ticks for Cash, and 7 ticks for Futures.
- Forums
- ASX - By Stock
- XJO
- Wednesday 24 June Market Maker has your money.
Wednesday 24 June Market Maker has your money., page-83
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,921.3 |
Change
60.100(0.76%) |
Mkt cap ! n/a |
Open | High | Low |
7,861.2 | 7,938.3 | 7,861.2 |
Featured News
XJO (ASX) Chart |