So as a new investor I’m trying to learn how the system works.
So when I place a trade with Freetrade does it go like this:
- Order reaches Freetrade(Broker)
- They send it to a Market Maker (Barclays?)
- The MM put it on the Order Book (LSE/NYSE) to be filled?
- Once the order is filled the MM sends back a success code with n purchased shares?
What’s the process? Is there any guides or links online with a good detailed explanation for a beginner. I’m a software engineer so the more info/documentation the better.