Yeah it’s why I asked 212 for a DMA liquidity indicator, or average execution time / volume based on 212 activity alone. That way it would be clear to buy less liquid stocks elsewhere.
What most people also don’t realise is that it can actually be cheaper to pay the £10 or whatever fee with HL if your buying anything more than say £500 at a time.
Just need to appreciate each platform for what they offer.
Green, yellow or red M and M’s?
Agreed
I use other providers for AIM stocks just for the quickness in filling orders rather pay the small commission fee knowing I can get instant execution
would be good if they could use a market maker for less liquid exchanges like AIM, possibly before doing a live market order they give you a potential quote for 10 sec before it expires, like in AJ/IG/HL
If they don’t move to that set up, it would suggest they are happy for the AIM orders to be placed elsewhere. I use IG for the smaller shares.
It might start as one of two people but that could easily increase with word of mouth.
I think it’s a dangerous game for T212 as once you use another platform, it’s tempting to keep everything in one place or at least place more trades there.
I don’t like with T212 that if you do a market buy, you have no idea of the precise cost or see the spread.
I have used ii and they often seemed to get prices close to the mid price. The downside is they won’t allow trades on some shares, ALRT being one