ToilAndTrouble Posted August 30, 2005 Share Posted August 30, 2005 June 2006 spread on IGIndex is down -4 from opening, to 154 (-5.3% YOY) from 158 (-2.8% YOY). The intervening periods are down similarly. Bit of a bugger, cos I was going to place a bet. Does anybody know what sort of money changes the index by that much? T&T Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted August 30, 2005 Share Posted August 30, 2005 June 2006 spread on IGIndex is down -4 from opening, to 154 (-5.3% YOY) from 158 (-2.8% YOY). The intervening periods are down similarly.Bit of a bugger, cos I was going to place a bet. Does anybody know what sort of money changes the index by that much? <{POST_SNAPBACK}> Hometrack, FT, Merv, Oil, hurricanes? Take your pick. Could just be down to a handful of bulls losing their nerve. Quote Link to comment Share on other sites More sharing options...
ToilAndTrouble Posted August 30, 2005 Author Share Posted August 30, 2005 Hometrack, FT, Merv, Oil, hurricanes? Take your pick.Could just be down to a handful of bulls losing their nerve. <{POST_SNAPBACK}> I was more wondering how much money would have had to have been placed betting on a fall for it to move the index that much. Hundreds/point, thousands/point...? Does anybody know how much is at stake on IGIndex? Betfair's value of matched bets on the house price index is extremely low. T&T Quote Link to comment Share on other sites More sharing options...
Market Observer Posted December 29, 2005 Share Posted December 29, 2005 The Spread bet service at IG is not the best on offer. Spreadfair.com has much tighter spreads and you can trade larger sizes if you want. Quote Link to comment Share on other sites More sharing options...
foxytrader Posted December 29, 2005 Share Posted December 29, 2005 I was more wondering how much money would have had to have been placed betting on a fall for it to move the index that much. Hundreds/point, thousands/point...? Does anybody know how much is at stake on IGIndex? Betfair's value of matched bets on the house price index is extremely low. T&T That is a pretty big shift in the price for a 6 month contract. The Halifax index was always very lightly traded when I was in the business but if there is another company offering the index to trade they will only make dramatic changes to the price very carefully to avoid being "arbed". I assume the other company's price has moved as well. If not give me the link and we could make some money! The Fox Quote Link to comment Share on other sites More sharing options...
Market Observer Posted January 5, 2006 Share Posted January 5, 2006 The IG house price market has now closed for good. Quote Link to comment Share on other sites More sharing options...
the don Posted January 5, 2006 Share Posted January 5, 2006 The IG house price market has now closed for good. why is this? Quote Link to comment Share on other sites More sharing options...
Dames Posted January 5, 2006 Share Posted January 5, 2006 No point in handing out free money on a sure bet is there ie: HPC. Sorry , couldnt resist it. Dames - Still looking at SEP '08. Quote Link to comment Share on other sites More sharing options...
Market Observer Posted January 24, 2006 Share Posted January 24, 2006 why is this? Because they couldn't successfully guess the future prices. Punters were taking them to the cleaners. The only suriving house price futures market is now at www.spreadfair.com. This one should last as there is no middle man. Traders place orders on the book for other to trade against. Quote Link to comment Share on other sites More sharing options...
banco Posted January 24, 2006 Share Posted January 24, 2006 You might want to try: http://www.gs-warrants.co.uk/SID1138111183...nfirm&c=gb&l=en Again, it's the Halifax index, but option style pricing. Quote Link to comment Share on other sites More sharing options...
Market Observer Posted March 29, 2006 Share Posted March 29, 2006 You might want to try: http://www.gs-warrants.co.uk/SID1138111183...nfirm&c=gb&l=en Again, it's the Halifax index, but option style pricing. The GS warrants are a complete rip off. Quote Link to comment Share on other sites More sharing options...
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