Online share dealing
Discussion
I have a couple of questions that, although I've read the answers to, I'd just like to double-check with real people that actually know about these things.
So firstly, if I buy/sell, say £200K of shares in a company, through X-O.co.uk, are they ALL traded at the quoted price, or will they fulfil as much of that as possible at that price, and then fulfil the rest at a different price as and when they can? Seems a bit silly but I read that dependant on how many buyers/sellers there currently are can affect this. If that is the case, is there any way to tell what the current threshold would be to get 100% of the trade done at the quoted price? Is £200k a large enough amount to affect this or does it depend on the size of the company being traded or something else?
The bid/ask thing. If the difference is 2p, any shares I buy have to go up by 2p before I make a profit (less trading fees)?
Any other obvious things I should be aware of being a total noob to this?
So firstly, if I buy/sell, say £200K of shares in a company, through X-O.co.uk, are they ALL traded at the quoted price, or will they fulfil as much of that as possible at that price, and then fulfil the rest at a different price as and when they can? Seems a bit silly but I read that dependant on how many buyers/sellers there currently are can affect this. If that is the case, is there any way to tell what the current threshold would be to get 100% of the trade done at the quoted price? Is £200k a large enough amount to affect this or does it depend on the size of the company being traded or something else?
The bid/ask thing. If the difference is 2p, any shares I buy have to go up by 2p before I make a profit (less trading fees)?
Any other obvious things I should be aware of being a total noob to this?
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