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Trading in IG Index ISA Account - Order types


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6 minutes ago, MikeGale said:

Before I switch my current ISA provider over to IG index - can someone confirm the order types that are available to me specifically in the ISA account?

Thanks

Hi @MikeGale

We offer several types of orders:

Limit execute & eliminate – an order which executes as much of a trade as possible at a specified market price. If there aren’t enough shares available at the specified level to fill the order, the maximum possible number of shares are executed and the rest of the order is cancelled. 

Limit day – an order which executes once the market price reaches a specified level. If it isn’t filled by the end of the trading day, the order will expire.

Market day – an order which executes immediately in full if enough shares are available. If not, the maximum possible number of shares are executed and the rest of the order remains outstanding until the end of the trading day. This order type is unrestricted by price. 

Stop market day – a market day order which executes in full when a specific price (the stop level) is surpassed. If there aren’t enough shares available, the rest of the order remains outstanding until the end of the trading day. This order is often used for locking in profits or limiting losses.

For more information click this link: types of orders and for help and support click this link: share dealing and ISAs

 

All the best - MongiIG

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One last question...

Do IG Index accept "Partial Transfers" of existing ISAs with other providers?  I'm looking to shift Cash (from my S&S ISA) not shares. So for example if I open an IG Index ISA in April 2022 - can I shift £10k in Cash from my current ISA and also add £20k using next years allowance?

Is this at all possible?

thanks,

Mike

 

Edited by MikeGale
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