In a recent announcement, IG Japan revealed its decision to cease trading in the Greece 25 stock index. They are a Japanese subsidiary of the electronic trading giant IG Group. The firm cited increasing difficulties in supporting such trading. The company expressed regret for any inconvenience caused to customers holding Greek stock index stocks.
Effective from Friday, November 17, 2023, IG Japan will halt the acceptance of new orders for the Greece 25 stock index stocks. However, the broker assured that pre-orders already placed will still be delivered. If the specified price of a pre-order is attained, the position will be maintained.
IG Japan Halts Greece 25 Stock Index Trading
Open positions in the Greece 25 stock index will be automatically closed at the prevailing market price as of 8:45 pm (Japan time) on Friday, December 15, 2023. Additionally, the broker disclosed that all pre-orders will be deleted on the same date, December 15, 2023.
Customers impacted by this decision have to settle their positions independently before the specified time of 8:45 pm (Japan time) on Friday, December 15, 2023. The broker’s move reflects a strategic shift in its offerings, aligning with market dynamics and operational considerations. IG Japan remains committed to providing a seamless trading experience for its customers, albeit with adjustments to its product lineup.
This strategic shift by IG Japan reflects a nuanced understanding of market conditions. This also shows a commitment to providing a tailored trading experience to its customers. The broker remains dedicated to adapting its product lineup to align with industry trends and operational considerations, maintaining its position as a leading player in the electronic trading sphere.
Telling you again. Commencing from Friday, November 17, 2023, IG Japan will no longer accept new orders for the Greece 25 stock index. However, the brokerage firm has clarified that pre-existing orders will remain unaffected and will not be canceled. Should a pre-order reach its specified price, the position will be maintained as per the customer’s instructions.
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