Regulatory benchmark disclosure

ASIC has developed seven disclosure benchmarks for OTC CFDs that can help retail investors understand the risks associated with CFDs, assess their potential benefits and decide whether investment in CFDs is suitable for them.

More information about the disclosure benchmarks can be found in ASIC Regulatory Guide 227.

This table sets out which benchmarks IG Markets meets and refers to related disclosure information that describes how we meet the benchmarks.

Disclosure benchmark

Meet benchmark?

Related information

Client Qualification
Addresses the issuers policy on investors qualification for CFD trading
Yes IG will assess client qualification when you apply to open an account. Further information can be found in section 6.1 of our PDS.
Opening Collateral
Addresses the issuers policy on the types of assets accepted from investors as opening collateral
No It is suggested that a limit of $1,000 be accepted for opening payments made by credit card. IG Markets accept credit card payments for more than $1,000 as initial funding in order to provide flexible payment options to clients. Further information can be found in section 6.7 of our PDS.
Counterparty Risk – Hedging
Addresses the issuers practices in hedging its risk from client positions and the quality of this hedging
Yes IG Markets maintains and applies a written Counterparty Credit & Hedging Policy. Further information can be found in section 5.5 of our PDS.
Counterparty Risk – Financial Resources
Addresses whether the issuer holds sufficient liquid funds to withstand significant adverse market movements
Yes IG Markets maintains and applies policies to ensure it meets all financial regulatory obligations including the requirements of an Australian Financial Services Licensee. Further information can be found in section 5.6 of our PDS, our Financial Statements and Pillar 3 Disclosures.
Client Money
Addresses the issuers policy on client money
Yes IG Markets has a detailed Client Money policy and does not use client money for hedging with counterparties. Further information can be found in section 5.3 of our PDS and in the Why IG? section of our website.
Suspended or Halted Underlying Assets
Addresses the issuers practices in relation to investor trading when trading in the underlying asset is suspended or halted
Yes IG Markets does not allow new positions to be opened when the underlying market is halted or suspended. Further information can be found in section 4.4 of our PDS.
Margin Calls
Addresses the issuers practices in the event of client accounts entering into margin call
Yes IG Markets maintains and applies a written policy in relation to margin call practices and our discretions relating to close outs. Further information can be found in section 4.1 of our PDS.