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Trading Rules for Fractional Shares

Buy fractional shares limit order – option to place order by quantity


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Buy fractional shares market order – option to place order by quantity or amount


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Buy fractional shares orders have a minimum transaction amount limit and a minimum order should be traded at least USD 1


**if the buy order for the fractional shares is less than USD 1, the corresponding order will be cancelled by the system.


For example, if you buy USD 15 of XYZ. The current price of XYZ is USD 14.5, and the estimated number of shares to be traded is 1.03 shares (15/14.5=1.03 shares), the system will buy 1 share of XYZ first, and since the remaining 0.03 shares are less than USD 1, and the final transaction quantity is 1 share of XYZ. (The fractional shares will be cancelled)


**The fractional shares order at sell side is no minimum limitation.


For trading Fractional Shares, if the order is placed according to the optional number of shares, the minimum quantity precision can be up to five decimal places (x.xxxx1)

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