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Placing a deal rss button
How to place a deal
There were 14 questions found in this category:
  1. questionAre there different settlement times on the UK and US markets?
    No, there is a three days settlement time on both markets. Please note however that due to the UK and US having different Bank holidays, you may not be able to immediately sell a stock from one market to invest in the other due to the orders having different settlement dates because of the Bank ...
  2. questionAre there limits for the number/value of stocks I can purchase?
    There are no absolute limits, however a trade may not execute in large sizes depending on the volatility or liquidity of certain stocks. These limits are at the discretion of the market itself, and can change on a day to day basis.
  3. questionCan orders be placed outside market hours?
    Yes. Once the UK market has closed you are able to place an order to be executed the following morning. An order of this kind would be dealt as soon as practically possible on the following day at the best price currently available at that time.Alternatively you could set yourself a TradePlan to ...
  4. questionDo you provide live prices?
    All displayed prices are a minimum of 15 minutes delayed. However when you obtain a quote, this is a live price captured directly from the market.
  5. questionHow do I settle my trades?
    HSDL (the providers of the Interactive Investor Share Dealing Service) will settle all trades on your behalf. You don't need to do anything, just make sure that the funds, or shares, are available on your Interactive Investor Share Dealing account before you trade.
  6. questionHow easy is it to deal?
    Dealing is very straightforward. Simply log on to the Interactive Investor web site, find the stock you wish to trade using the Quote, or Portfolio service. Click on the Buy/Sell text link, and follow the simple procedures. Assuming you have funds in your account you will be able to deal instantly.
  7. questionHow long do I have to wait before re-investing any sale proceeds?
    You can re-invest any sale proceeds as soon as your order has been executed, and also sell shares as soon as the purchase is executed. However, sale proceeds cannot be withdrawn from your Share Dealing account until after settlement date.
  8. questionHow quickly are orders processed during market hours?
    For UK stocks you will be given a quote that you can accept or decline. As soon as you accept the quote your transaction should be executed immediately. Once you have submitted the order an order confirmation screen will be displayed with the details of your trade. On this screen you will also b ...
  9. questionHow will I know if my transaction has been completed?
    If you have placed an 'Immediate' UK trade the order will be confirmed as executed on the next screen.For UK 'Negotiated Trade' and US 'Best' and 'Limit' orders you will be able to view the status of these orders on the 'Order Management' screen. Orders will either be displayed as 'Active' (and ...
  10. questionWhat exchange rate is used when I trade on overseas markets?
    During normal trading hours of overseas markets a real time exchange rate will be applied to all orders you place, and will be the exchange rate used to calculate the sterling equivalent for the settlement of all executed orders. Orders placed for US markets outside of US trading hours will cont ...
  11. questionWhat happens if I don’t have sufficient funds available to make a purchase?
    You must have sufficient cleared funds to place any buy orders or to transfer any cash out of your account. (Please note that the estimated value of the order plus an additional 10% margin must be available in your account for US 'at best' buy orders. This is to avoid the possibility of your acc ...
  12. questionWhat happens if I don’t have sufficient shares available to make a sale?
    To sell shares through Interactive Investor Share Dealing you must first have the shares in your account, settled or unsettled. If in doubt, please check in the 'My Holdings' page.
  13. questionWhat happens if I make a mistake when trading?
    It is important to check your orders thoroughly before submitting them to us, as once an order is submitted, and executed, it cannot be altered.You may however view the current status of any pending UK 'Negotiated Trade' orders and any pending US 'Best' and 'Limit' orders on the 'Order Managemen ...
  14. questionWhen will settlement take place?
    Settlement should take place 3 business days from trade.