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Are share prices the same on every platform?

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  • poseidon1
    poseidon1 Posts: 1,337 Forumite
    1,000 Posts First Anniversary Name Dropper
    GeoffTF said:
    poseidon1 said:
    GeoffTF said:
    When people have checked, the big brokers all offered the same price for online transactions. They all seem to connect to the same market makers. That probably applies to IG too. The Monevator comparison table says that IG charges £96 p.a. That is not cheap.
    That has not been my experience with regard to purchases and sales of corporate bonds between ii and HL. II consistently gave better terms between the bid offer spread compared to HL. 
    I did write "online transactions". Do both II and HL trade corporate bonds online? HL does seem to have a good reputation for prices over the telephone, but it is difficult to conduct a convincing test for that.
    Fair comment re online.

    Bond purchases for each of the platforms tend to be  telephone only, with the order taker having to get live quotes direct from their respective market makers.

    Irritatingly, was about to attempt a bond buy  on HL platform today but just seen my complex investment 'certification' with them has expired and now have  to take and pass the relevant questionnaire ( yet again) before being able to buy more bonds.
  • GeoffTF
    GeoffTF Posts: 2,018 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    poseidon1 said:
    GeoffTF said:
    poseidon1 said:
    GeoffTF said:
    When people have checked, the big brokers all offered the same price for online transactions. They all seem to connect to the same market makers. That probably applies to IG too. The Monevator comparison table says that IG charges £96 p.a. That is not cheap.
    That has not been my experience with regard to purchases and sales of corporate bonds between ii and HL. II consistently gave better terms between the bid offer spread compared to HL. 
    I did write "online transactions". Do both II and HL trade corporate bonds online? HL does seem to have a good reputation for prices over the telephone, but it is difficult to conduct a convincing test for that.
    Fair comment re online.

    Bond purchases for each of the platforms tend to be  telephone only, with the order taker having to get live quotes direct from their respective market makers.

    Irritatingly, was about to attempt a bond buy  on HL platform today but just seen my complex investment 'certification' with them has expired and now have  to take and pass the relevant questionnaire ( yet again) before being able to buy more bonds.
    Thanks for that.
  • InvesterJones
    InvesterJones Posts: 1,217 Forumite
    1,000 Posts Third Anniversary Name Dropper
    poseidon1 said:
    GeoffTF said:
    poseidon1 said:
    GeoffTF said:
    When people have checked, the big brokers all offered the same price for online transactions. They all seem to connect to the same market makers. That probably applies to IG too. The Monevator comparison table says that IG charges £96 p.a. That is not cheap.
    That has not been my experience with regard to purchases and sales of corporate bonds between ii and HL. II consistently gave better terms between the bid offer spread compared to HL. 
    I did write "online transactions". Do both II and HL trade corporate bonds online? HL does seem to have a good reputation for prices over the telephone, but it is difficult to conduct a convincing test for that.
    Fair comment re online.

    Bond purchases for each of the platforms tend to be  telephone only, with the order taker having to get live quotes direct from their respective market makers.

    Irritatingly, was about to attempt a bond buy  on HL platform today but just seen my complex investment 'certification' with them has expired and now have  to take and pass the relevant questionnaire ( yet again) before being able to buy more bonds.
    Is that for primary market bonds? I've had no problems buying secondary market online with HL.
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