IG adds notional value feature to web trading platform
Electronic trading major IG has announced the go live of a notional value feature on its web trading platform. Clients of the broker can now view the notional value of their open position.
Notional value allows traders to see the true value of their exposure to the market. By adding this feature to the positions window, IG is providing its clients with greater transparency of their exposure – both total size and per position.
The feature is released globally across leveraged accounts on the web trading platform.
Notional value on the deal ticket has also been rolled out across all leveraged accounts giving clients visibility over the true value prior to placing a trade. This feature can be switched on via deal settings.
The enhancements will soon be implemented across IG’s mobile apps.
IG has been regularly updating its trading solutions. Earlier this year, the broker enhanced its web trading platform and mobile app, with the improvements likely to be appreciated by fans of technical analysis, as Super Trend and Volume Weighted Average Price Indicators were made available to use on the web platform and mobile app.
The broker is interested in traders’ opinion about its services. Currently, IG is seeking feedback of the trading community regarding backtesting. IG asks traders what features/tools and trading strategies they like and want to be able to use for backtesting. For instance, traders can share what they will be backtesting on their trading strategies (for example, scalping, day trading, swing trading, position trading, algorithmic trading or event-driven trading strategies).