Hi
I'm trying to get my head round using an online broker for share dealing who doesn't have Direct market access (DMA), say AJ Bell in the UK. For shares traded on the SETSmm order book which allows both market makers and other investors to participate, when I obtain a quote via AJ Bell which is routed via RSP will they only have access to the market maker prices only? Only asking because I know other participants (non market makers) may have a better price on the order book, thanks.
I'm trying to get my head round using an online broker for share dealing who doesn't have Direct market access (DMA), say AJ Bell in the UK. For shares traded on the SETSmm order book which allows both market makers and other investors to participate, when I obtain a quote via AJ Bell which is routed via RSP will they only have access to the market maker prices only? Only asking because I know other participants (non market makers) may have a better price on the order book, thanks.