I'm trading CFD's (Australian Sectors) through CMC.
I've noticed that once the market opens for trading, to the likes of me (IE.general public), that there can be some considerable changes to the price from the closing price from the day before, sometime in the case of the "Energy or Materials Sectors" it can be hundreds of points.
Is there trading before the market opens to the General Public?
If so, is it possible to get in on this through a broker or any other method?
Re: Trading before the market opens - CFD's Australian Sectors
hello,
this is the manipulation that occurs by the CFD, spread betting providers, I dont believe this happens in the real market, i.e. all ords, asx 200, energy sector etc
you could literally watch things go -ative then +itive very quickly
several years ago now, I just had a massive stop loss, around 500pts on the Aussie200, spi200 or whatever they call it now