Q: An exchange question: is it common for buy or sell orders that are not multiples of 100 to be bypassed?
I recently had a purchase order for 150 shares say at $10.01. 100 shares will filled at $10.01, the stock then dropped to $10.00, but my order was not filled. I.E. some other order was filled for $10.00. Annoying! RBC said this was a function of the exchanges.
Is there a logical explanation?
Thanks.
I recently had a purchase order for 150 shares say at $10.01. 100 shares will filled at $10.01, the stock then dropped to $10.00, but my order was not filled. I.E. some other order was filled for $10.00. Annoying! RBC said this was a function of the exchanges.
Is there a logical explanation?
Thanks.