Trading UK stocks through IB?

[dont]

Quote from just21:

Market makers are exempt.

Excuse my ignorance I did not realize the UK had market makers? I thought their market was electronic with strict Time price priority.

 

[just21]

Quote from thecalip:

I don't think it will affect you if you going to stay in the US. I think the decline of dollar is more or less a good thing. At least foreigner will buy from the US instead of the US buying foreigner products which lead to a even bigger budget deficits.

It may reduce your trade deficit by making imports more expensive. You have to buy American for it to have no effect.

 

[dont]

http://www.opsi.gov.uk/si/si1992/Uksi_19923286_en_1.htm

Seems European Institutions engaging in business in the UK are also exempt. I suppose the Hedge funds trade CFD's with their prime broker or a bank.

That is Bank buys stock and sell CFD to the fund.

Stupid rarely, but I suppose HM Treasury makes too much cash from the Tax