Luis, IB does not incur transaction tax for hedging trades (market making exemption). This is also the case for the stamp duty reserve tax in the...
Here is some more info on IB CFDs http://ibkb.interactivebrokers.com/node/1912 http://ibkb.interactivebrokers.com/node/1783
Hi Luis, let me briefly answer your questions: Yes, IB is the counterparty, and hedges all CFD trades. The price you get is the Smart-routed...
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