Minimum Marketable Parcel - Commsec International

• 27 March 2020

• #1

J

Jamos

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27 March 2020

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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

 

• 27 March 2020

• #2

frugal.rock

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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...
F.Rock

 

• 27 March 2020

• #3

J

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!

 

• 27 March 2020

• #4

frugal.rock

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• 27 March 2020

• #5

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Jamos

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