Fractional stock shares ?

Posted By: Jack_Zodiac

Fractional stock shares ? - 01/02/21 17:31

Hello all. I'm trying to figure out if Zorro 2.3 supports orders for fractional shares of US stock. I'm guessing not, based on the manual? It seems like 1 lot is 1 share, and 1 lot is the minimum, whether ordering by Lot or Margin or Amount or Risk. Have I misunderstood, and are matters different with Zorro S?

Thanks in advance!
JZ
Posted By: AndrewAMD

Re: Fractional stock shares ? - 01/03/21 19:41

Zorro supports it. The particular broker plugin you are using must also support it too.

In your asset list, set LotAmount to a fractional amount, and 1 Lot is the quantity of that fractional amount. So if LotAmount is 0.001 shares, Lots = 50 buys 0.05 shares.
Posted By: Jack_Zodiac

Re: Fractional stock shares ? - 09/21/21 19:07

Ah! Sorry it's been a while, but thank you!
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