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Latest News
Friday 27th June sees the launch of ‘Straight Through Trading’.
As of Friday 27th June we will be introducing "Straight through Trading" functionality on the XDeal system.
How it works:
NEW STRAIGHT THROUGH TRADING PROCESS
1. You enter a stake on the markets page and click the trade button.
2. A box appears where you can enter the stops and limits you require.
-This page now also has a live updating Buy and Sell price within the arrows.
- When you have set your stops and limit you click on "BUY" or "SELL" button.
3. A trader sees the trade request, checks the price and confirms the trade
REQUOTES
In times of excessive market volatility it may occur that we cannot put through the trade at the requested price as the price of the underlying market may have moved.
In these exceptional occasions we must then "re-quote" you which means we send back a screen with a new price for either buy or sell (depending on what was requested).
You then have 8 seconds to accept the trade at that price or cancel the trade.
If you have any questions regarding straight through trading, please contact the client team on 1850 88 20 30.
For more detailed information on how this works please click here for a short video demonstration (3 mins).
The opening hours of all FTSE 100 contracts (Daily, future rolling and quarterly) and the CAC index will change from Monday 30th June.
The FTSE 100 contracts will now open from 8.00 until 20.59 and the CAC will open from 7.05 to 20.59.
This will give you more opportunity to trade in and out of positions.
Also please note that due to changes in underlying liquidity, we will also amend the opening hours of the MSCI Emerging Market Index; the index will now trade from 14.32 to 20.59. This change will be effective from Monday 30th June.
Seminar Series 2008 – Date for your Diary
The July 17th line up includes Pat O’ Sullivan, Head of Investment Strategy with Irish Life, veteran oil trader Troy Lavin and technical analysis expert and trader Colum Lyons who will be giving you their personal insight into the markets and how you can use this knowledge to your advantage.
Please navigate to our seminar page for full details.
Please note that places for this event are limited.
Your own mini guide on how 'new orders' work on XDeal.
for the latest on how new orders work on XDeal, please click here
We have just added several currencies to our range of markets:
- AUS/USD Cash Rolling
- EUR/GBP Cash Rolling
- GBP/EUR Cash Rolling
- NZD/USD Cash Rolling
- USD/CAD Cash Rolling
- USD/CHF Cash Rolling
We are delighted to announce the recent launch of our eagerly anticipated new pricing structure. You can now take advantage of tighter spreads across all equity markets via our proprietary trading platform XDeal. You can check out the prices and margins on all our contracts here.
Until now, we have offered fixed spreads: that is to say that the difference between the buy and the sell price that you see never changed, despite changes in the underlying market spread (the difference between the buy and sell price on the underlying stock exchange). Our pricing will now involve our charge to you (dealing spread) being wrapped around the market spread. In practice: if the market spread on a contract is 6 points and our dealing spread is 2 points, the total spread will be 8 points. If the market spread narrows by 1 then the total spread will also narrow by 1 point to 7 points in total. This new wrapped pricing structure allows us to provide you with consistent tight dealing spreads, no matter how the market spread changes.
If you have any queries about this new pricing system please do not hesitate to contact one of our Client Team on 1850 88 20 20.
Stockactive Courses
Due to the success and demand for the last Technical Analysis course, Stockactive Training Ltd will be holding additional (1 day) Saturday workshops in the following locations :
Cork - May 2008
Waterford - May 2008
Galway - June 2008
Exact details of locations and date have not been finalised and are subject to demand.
Please contact P.J. Henry at pjhenry@stockactive.ie or visit their website at www.stockactive.ie for more information.
Stockactive is also holding an additional workshop: 'Picking Stocks that Perform'
Why you need this course:
- Investment in the stockmarket leads to greater compounding of wealth than any other reasonably safe method.
- It is possible to select shares that perform: that beat the stock market average.
- You can do this too, by selecting one of the 5 ways outlined in this course.
- There is no one right way to select shares that perform.
- This course tells you which approach is right for you as an individual and lays down clearly and simply how to follow it.
The 5 ways outlined are:
1. Do it yourself : How to beat the Fund managers using ETF's
2. This system comprises of backing winners which is relatively simple, though
it does require daily share price monitoring.
3. Emerging Technologies : Renewable energy, potentially bigger than the
internet boom.
4. Dividend Investing : Make your own money generating machine.
5. Value Investing,gives accounting rules for buying low and selling high. Value
investing is for the serious, long term investor.
As part of the course we will also look at strategy for the individual investor, covering such items as :
- Why the stockmarket?
- Should you try to out-perform the market
- Rules to stop you losing
- Record keeping
- Paper trading/simulation accounts
- Why you need your own approach
Fee : €150 per person for this one day course to be held on
a Saturday.
Date and location to be confirmed. All courses depend on demand .
Email : pjhenry@stockactive.ie for
more information.
Changes to Margin Requirements
From Monday the 25th of February the margin requirements on the majority of our major markets, including Indices, Currencies and Commodities, will be reduced.
Below are a few examples of margin levels we have lowered:
| Old Margin | New Margin | |
|---|---|---|
| Euro Dollar Futures Contract | 200 | 150 |
| GBP Dollar Futures Contract | 200 | 150 |
| Silver Futures Contract | 100 | 75 |
| FTSE 100 Daily Cash | 125 | 100 |
| Corn Futures Contract | 400 | 300 |
This change will have the following effects for you:
1. Less margin will be required for your trades, therefore freeing up more of your
trading funds
2. Default stop loss levels will be closer to your entry level since they are calculated
from the margin
3. There will be no effect on your existing open positions - only
trades placed after 25th February will be affected by the lower margins
It's important to note that margin calls must be dealt with promptly in order to maintain your positions and that automated margin calls must not be ignored. For further information please see our Terms and Conditions.
You can review the margins on all our contracts in the Product Information Pages here.
Should you have any queries relating to these changes, please contact us on 1850 88 20 20 or email client@deltaindex.com.
New Markets Added
We have recently added the London Gas Oil contract and Oats to our range of commodities
with the following features:
London Gas Oil
Spread: 12 Margin: 450
Maximum Stake: 80
Oats May
Spread: 24 Margin: 300
Maximum Stake: 20
Markets in Financial Instruments Directive - MiFID
From November 1st all Financial Spread Betting firms will need to be regulated under the Market in Financial Instruments Directive. This has important implications on existing and new clients. For further information on MiFID please click here.
Free Online Tutorial
Delta Index are now holding free telephone tutorials on the basics of Financial Spread Trading. If you are interested please email daragh@deltaindex.ie or phone Lo-Call 1850-88-20-20 to arrange a suitable date and time.
For more information, please call Lo-Call 1850-88-20-20 or email info@deltaindex.ie
Refer-a-Friend Scheme
We are currently running a new Refer a Friend Bonus Scheme for existing clients who would like to introduce Financial Spread Betting to enthusiastic friends who have not yet heard of Delta Index .If you refer a friend to Delta Index and they open and fund an account with us, we will fund your Delta Index Account with 50. The referred client will also receive a 50 bonus into their Delta Index Account, so everyone is a winner!
For more information, please call Lo-Call 1850-88-20-20 or email info@deltaindex.ie
