IG Securities, the Japanese subsidiary of electronic trading major IG Group, plans to introduce tiered spreads based on order size. The change will affect a range of CFD products.

There will be up to five spread levels based on order size. Lot limits for each level will be set for each product.

Such a system enables trading at prices that more accurately reflect market conditions. Also, the maximum order quantity for each price range is clearly displayed.

For small to medium-sized trades, the broker plans to offer the narrowest spread of the five levels.

For large trades, the ability to check the applicable spread before placing an order will enable highly transparent and stable trading.

With the introduction of this system, there will be some changes to the smartphone browser version of the trading system and the iOS version of the Simple Ticket function.

IG Japan will inform its clients on this matter once the specific launch date and details have been confirmed.