CFD prices on debt funded bets(non DMA) are set by your broker based on liquidity in the underlying SPI futures market. CFD price also include a spread. During market hours, this is usually 1 point on most brokers, but there are some that charge 2 points spread. If the demand/supply in CFD world exceeds that in the underlying, they can charge you more to exit your positions. Further, if you have been B booked, then you may be out of luck.
The CFD charts are not reliable('indicative') and show broker mid point prices (have a look at the GBP/USD pair on the day of the mini-crash few weeks ago. Different CFD providers list different lows based on how(if) they have hedged risk with liquidity providers. If you want proper charts, get a sub like CQG, market delta etc and chuck it into Sierra Charts, Ninja or similar.
CFD prices on debt funded bets(non DMA) are set by your broker...
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7,971.1 |
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| Open | High | Low |
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| XJO (ASX) Chart |