Home > General Topics > Trading > Quick London stock exchange question

Quick London stock exchange question

  1. 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.)
     
  2. The quoted prices on LSE are in pennies.
     
  3. Thanks for clearing that up. That's the last thing in the world I was expecting to see, lol.