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Minimum Marketable Parcel - Commsec International

Discussion in 'Beginner's Lounge' started by Jamos, Mar 27, 2020.

  1. Jamos

    Jamos

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    Evening all,

    Maybe a dumb one and probably self-explanatory since I couldn't find a different answer on Commsec outside of the international fee differences. Just wondering if trading internationally has a new minimum marketable parcel that what there is for the ASX on Commsec?

    ASX is $500 AUD for a new stock in your portfolio, is this the same for a US stock but instead $500 USD? Or is it a higher initial value and then the usual smaller parcels accepted?

    Any clarification would be very much appreciated :)
     
  2. frugal.rock

    frugal.rock "Time weight's on man"

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    Types of Orders That Can Be Placed During Extended-Hours Trading. Only limit orders may be entered in both the pre- and postmarket trading sessions. Other types of orders and order qualifiers, such as market, stop, all-or-none (AON) and fill-or-kill (FOK) are not currently available. The minimum order size is one (1) share and the maximum order size is 99,999 shares per order.
    https://investor.pershing.com/web/investor/disclosures/order-flow

    Would be worth a phone call to vomsec to make sure...
    Also, pretty sure the Minimum of $500 for ASX is broker specific... Screenshot_20200324-111620.png
    F.Rock
     
  3. Jamos

    Jamos

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    Awesome thanks for the info F.Rock. I’ll double check with CommSec to make sure they don’t have any hidden surprises!
     
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  4. frugal.rock

    frugal.rock "Time weight's on man"

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    :xyxthumbs
     
  5. Jamos

    Jamos

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    Confirmed! CommSec said there’s no minimum amount of parcels on their trading platform at least :)
     
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