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Hi all
I'm wondering if any buddies have the experience of buying a stock in one day at different prices, eg 2 lots at $4 and 2 lots at $3.9.
Is the brokerage counted as one transaction(eg if its min $25, then $25 is charged) or two transactions @ $50($25*2)?
thanks and regards
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wat if u put 2lots at $4 get it filled then put another 2lots at $4? 2 transaction charges or 1?
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I think POEM automatically will combined them under one charge. I could be wrong.
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My personal experience is that most brokers amalgamate the transactions by default for SGX transactions. In fact, i have not encountered a broker that doesn't.
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Some brokers, like Saxo, will not amalgamate... but they are in the minority.
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(15-06-2014, 06:11 PM)corydorus Wrote: I think POEM automatically will combined them under one charge. I could be wrong.
You are right. I often have numerous transactions with different prices on a stock in a day, both for sale or buy. At the end of the day, it is counted as one transaction, with average price.
I am using POEM
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