QUOTE(contestchris @ Aug 24 2018, 08:44 PM)
Sorry for reviving old thread but it's sad Maybank still limits orders to 500 lots. When I want to buy say 2000 lots, despite there being sellers in the market they can sense someone is queuing to buy and will remove their listing from the market. A lot of this handled by algos. Very unfair!
Btw, even if you buy 500 lots then 200 lots, it is considered as one contract (any counter traded in the same day considered within a single contract, but I'm not sure about contra). I can confirm this as I experienced it recently.
500 lots is the default limit, just like your new ATM account will have a default limit. Just call the DR and request change to whatever amount per transaction you want.Btw, even if you buy 500 lots then 200 lots, it is considered as one contract (any counter traded in the same day considered within a single contract, but I'm not sure about contra). I can confirm this as I experienced it recently.
It's not unfair, just that you are ignorant.
Aug 27 2018, 10:25 AM

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