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 Exceeded trading limit, Maybank2u Stock trading platform

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ken_ng
post May 23 2011, 05:49 PM

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QUOTE(stockerzzz @ May 23 2011, 05:12 PM)
Hi all. When i try to buy more than 500 lot for one particular stock, there is a warning said exceeded the limit. Which means if i want to buy 700 lot, have to buy in 2 times. one 500 lot, one 200 lot. May i ask is it the same for all online trading platform? coz if i buy separately, then i have to pay 2 times broker fee. cannot buy in one time 700 lot?
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or does it means the total amount of $ of the 500lot has exceeded your traiding limit? (as for OSK, the traiding limit is refers to the TOTAL amount of $, not the quantity)

eg: your trading limit is RM10,000 (10k)
and u try to buy 50000unit @ RM1 each.
so 50000 x RM1 = RM50,000 which is > RM10,000 (your trading limit)

besides, the traiding fee may b more or less the same if your trading amount is huge because they are calculated in %. correct me if i'm wrong.

This post has been edited by ken_ng: May 23 2011, 06:04 PM

 

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