facebookAm I restricted to buying stocks in multipliers of 1000? - Seedly

Anonymous

07 Nov 2019

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Stocks

Am I restricted to buying stocks in multipliers of 1000?

Quick question on lot size: if the minimum of lot size is 1000, can I buy 1500? Or it has to be a multiplier of 1000?

Discussion (6)

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Gabriel Tham

07 Nov 2019

Tag Team Member at Kenichi Tag Team

The lot size has already changed to 100 min shares on the mainboard SGX.
There is still the odd lots market that caters to those who want to trade in odd lots less that 100 shares.

Eric Ong

07 Nov 2019

Project Analyst at 8Bit Global

It wil largely depends on the market and company you invest into.

For Example, in US Market, it is trasacted in 1 unit, i.e. 1 lot = 1 unit.

For Taiwan Market, their stock are mainly traded in 1000 multiple.

For Japan and Hong Kong wise, it varies, it may be 1000, 2000, 100. So depends on the company it self.

For Malaysia and Singapore, it is in multiple of 100.

Kelly Trinh

07 Nov 2019

Backoffice technical at financial services firm

You don't need to buy a whole number of lots. However, the fractional lot of your order will be con...

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