hey guys a noob question here, can i buy lets say for example 48 stocks? or the stock amount have to be a round number like 50 or 40. thanks for answers!
48, 84, 4, 8, you name it. 90% of brokers should provide that, at least bucket shops in Europe do. Like Etoro or Plus500. Last winter i had a conversation, with one random guy in hostel ; based on his knowledge, the lowest amount, required amount to open brokerage account was $50 000 both US and EU, and the lowest amount of stock per transaction had to be >1000.
You can now buy even fractional (less than one) share: https://www.cnbc.com/2019/10/17/the...-allow-people-to-buy-fractions-of-stocks.html There are a few more brokers offering fractional shares if you google them.
Right. A "full lot" is 100 shares and any number of shares traded below 100 is considered an "odd lot". Now here's something not everyone knows: When you look at chart data with open, high, low, and close prices, did you know that odd lots do not contribute to that chart data? Example: if the highest full-lot trade for a day was $139.14 but the highest odd-lot trade was $139.20, you will see $139.14 as the high on the chart. I think this was due to a past convention of not posting odd-lot trades to the TOS, Time of Sales. Although you can see odd-lot trades on the TOS nowadays, data providers seem to be sticking to that past convention. Robert -
Then, would it be right to say, that on very expensive stocks like AMZN, retail activity isn't so visible ?