Do you impose a minimum volume per trade?
Feb 13, 2015
DO YOU IMPOSE A MINIMUM VOLUME PER TRADE?
Stock trading on the Philippine Stock Exchange is done by board lot or round lot system. The minimum number of shares you can buy or sell depends on the market price of the stock at the time you place your order.
The board lots and fluctuations for the different price ranges are shown below.
| 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 | 0.249 | 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 |
