Jump to content

Recommended Posts

As I understand it, Direct Market Access for shares with IG does not allow me to place orders directly onto the London Stock Exchange electronic order books. Instead with IG, I would actually be buying (assuming I qualify as a 'Professional client' and am granted DMA) a CFD based on the underlying price of the share itself. Therefore I would not be able to use DMA in a stocks & shares self-select ISA (though I would be able to see the Level 2 price data if I paid the L2 data fee) because CFDs are not allowed in ISAs.

Have I understood this correctly?

 

Share this post


Link to post

Hi all - for others in Community who stumble upon this question, please note it has been answered here 

 

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×