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Fractional stock shares ? #482141
01/02/21 17:31
01/02/21 17:31
Joined: Jan 2021
Posts: 4
Austin, TX, USA
J
Jack_Zodiac Offline OP
Guest
Jack_Zodiac  Offline OP
Guest
J

Joined: Jan 2021
Posts: 4
Austin, TX, USA
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

Re: Fractional stock shares ? [Re: Jack_Zodiac] #482150
01/03/21 19:41
01/03/21 19:41
Joined: Feb 2017
Posts: 1,718
Chicago
AndrewAMD Offline
Serious User
AndrewAMD  Offline
Serious User

Joined: Feb 2017
Posts: 1,718
Chicago
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.

Re: Fractional stock shares ? [Re: AndrewAMD] #484211
09/21/21 19:07
09/21/21 19:07
Joined: Jan 2021
Posts: 4
Austin, TX, USA
J
Jack_Zodiac Offline OP
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Jack_Zodiac  Offline OP
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J

Joined: Jan 2021
Posts: 4
Austin, TX, USA
Ah! Sorry it's been a while, but thank you!


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