Unable to proceed with GStocks PH order
You may not be able to click Preview Order due to the minimum quantity of shares you need to purchase. The minimum size is called Board Lot. The minimum change in price is called fluctuation. Ultimately, the Board Lot is affected by the Share Price. Please see the two examples below for more information.
Note: A guide on the Buy screen will let you know what the minimum quantity (in multiples) must be for you to place a Buy Order.
Example A:
|
Stock Board Lot/ Min. No. of Shares to Buy |
1,000 |
| Share Price | 4.19 |
| Fluctuation | 0.01 |
|
Sample Acceptable Quantity of Shares you can buy |
2,000 3,000 4,000 etc |
Example B:
|
Stock Board Lot/Min. No. of Shares to Buy |
100 |
| Share Price | 9.8 |
| Fluctuation | 0.01 |
|
Sample Acceptable Quantity of Shares you can buy |
2,100 2,200 2,300 etc |
Please see the table below for more details:
| Board Lots and Price Fluctuations | ||||
| Price Range | Fluctuation | Board Lot | ||
| 0.0001 | to | 0.0099 | 0.0001 | 1,000,000 |
| 0.010 | to | 0.049 | 0.001 | 100,000 |
| 0.050 | to | 0.2409 | 0.001 | 10,000 |
| 0.250 | to | 0.495 | 0.005 | 10,000 |
| 0.50 | to | 4.99 | 0.01 | 1,000 |
| 5.00 | to | 9.99 | 0.01 | 100 |
| 10.00 | to | 19.98 | 0.02 | 100 |
| 20.00 | to | 49.95 | 0.05 | 100 |
| 50.00 | to | 99.95 | 0.05 | 10 |
| 100.00 | to | 199.90 | 0.10 | 10 |
| 200.00 | to | 499.80 | 0.20 | 10 |
| 500.00 | to | 999.50 | 0.50 | 10 |
| 1,000 | to | 1,999 | 1.00 | 5 |
| 2,000 | to | 4,998 | 2.00 | 5 |
| 5,000 | to | UP | 5.00 | 5 |