I started playing with trading stocks on the LSE today (this early morning actually) and to get my feet wet bought 100 shares of LGEN at around $39 and LLOY at around 57.
However my cost was 39 cents and 57 cents!
Is everything 1/100 of the quoted price?? (btw I'm using the TWS with interactivebrokers if that matters in its settings.)
The quoted prices on LSE are in pennies.