Anonymous
For those using Tiger Brokers, I set a limit order for a stock at $30, but why after the order has been filled the average price become $38.03?
Hi for those using tiger brokers, I set a limit order for a stock at $38 but why after the order has been filled the average price become $38.03? Can anyone pls enlighten me?
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Chris
28 Jan 2021
Owner and Writer at Tortoisemoney.com
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I believe $38.03 is the average price after commissions are factored in. So if you bought say 63 shares at $38, a $1.99 commission would be split over 63 shares. Meaning your average price would be (38*63 + 1.99) / 63 which would give you 38.03.
Hope this helps!