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SPP Harvester by OnMarket, page-879

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stockmaster86

2,423 Posts.

122

19/11/21

21:25

Post #: 57714629

Originally posted by Tarvold ↑

I've set one up through IG Markets works well they have a very efficient corporate actions team

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Originally posted by Tarvold ↑

Just received this from IG Markets, basically stops you setting up a SPP.

Column 1

0 Change to minimum hold size for share trading

Column 1

0 We’re writing to let you know that from Monday 6 December 2021 the minimum hold size for Australian shares on your share trading account will be A$90. This is in line with the minimum order size.

Column 1

0 What this means for your account

Column 1

0 The only change you’ll notice will be if you place an order to sell which leaves a value of shares lower than the minimum hold size of $90. For example, if you’re holding shares valued at $50 (which is less than the minimum hold size) and you decide to sell, your sell order will need to be for the full amount of shares. Similarly, if you’re holding shares valued at $150 and you decide to partially sell your holding, your sell order will only be accepted if the remaining shares would be valued at more than the minimum hold size of $90.

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Wow, how about bad timing... IG is out then... That is quite disappointing

Upvote

0 Great analysis

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