I received an email from IG Markets today with the subject heading “Important information about your IG Markets account“. Opening the email, this is what I saw:
We have recently reviewed our Customer Agreement and have made a number of amendments.
The new Customer Agreement comes into effect on 23 April 2008, and you can view it now at:
Click on this link to read the new customer agreement.
This Agreement will govern all positions entered into from, or still open on, 23 April 2008.
I opened the pdf document to see a 19-page document staring at me.
What exactly are the changes? Well, there’s only one way to find out. I sent IG Markets an email (at 11pm) and within minutes, the reply came:
Thank you for your email. The main changes are:
- Inclusion of new conflicts of interests clause disclosing conflicts that may exist and setting out our policy for managing such conflicts (Term 3);
- Incorporation of new electronic trading terms (Term 8) allowing seamless sign up for new L2 users;
- Inclusion of extra information regarding currency balances on account (Term 15(3));
- Some general tidy up of drafting.
Please do not hesitate to contact us if you have any further enquiries.
Now, that’s more useful. 🙂