In order to keep our costs low we combine the orders made by all of our clients into a single grouped trade (1 buy & 1 sell trade per ETF each day).
The price a client sees traded on the London Stock Exchange, might not be the price they get when their order is executed. The price that orders are executed at is delivered by our brokers.
The execution price that our brokers can offer depends on various reasons, such as:
- Volume of orders
- The time of the order’s execution
- Market conditions
We trade once a day based on our aggregated trading model. Once the order goes to the market, our brokers execute it at the best price possible based on the volume of the order and market conditions (which include liquidity of the fund).
Kindly note that InvestEngine does not have any financial interest in executing at a higher price (or in a wider spread) and we use brokers registered on the LSE to execute our trades. Our aim is always to deliver the best price possible for our clients.