The CFD trading arm of the IG Group, IG Markets, is celebrating saving its Australian clients in excess of $1mil per month, thanks to the deployment of its proprietary Price Improvement initiative, which ensures instant, real-time quoting and guards against immediate price fluctuations in volatile markets.
The Price Improvement technology works by giving an instant quote and freezing that rate while the transaction is executed, allowing traders to take advantage of any price movements in their favour over the duration of executing their order. This rounds the all too common complaint of requotes, and prices jumping between the instruction and the execution, often to the detriment of the traders well researched and reasoned position.
This is a positive step for IG Markets and traders alike, and indeed is a promising move for the industry as a whole. In providing traders that guarantee of execution at the price quoted on instruction, the guard against unexpected jumps in either direction gives a healthy dose of much needed certainty, particularly during these times of significant market volatility.
Knowing that your broker is working with, rather than against you in times of considerable market flux is one very good reason to trade with a particular brokerage outfit, and it is very much the exception rather than the rule for traders to be able to take advantage of favourable market ticks over the course of execution. When considered in the context of the Investment Trends report naming IG Markets as the highest satisfaction broker, this looks like yet another reinforcement of positive policy from IG Markets.

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