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Best Price Execution


Guest jusrus

Question

Guest jusrus

I was short Wall Street over the weekend. The market opened around 26400 Sunday night, below my buy order to cover the position, yet my fill was 30 odd points higher. Surely my position would be covered at the market on the opening and I would be given the better price. I worked on the trading floors for twenty years and you were required to give the customer the better price rather than filling them at their level and pocketing the difference. Is that not the case with IG?

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