AI
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| Alias Born | 01/27/2014 |
Saturday, May 28, 2016 10:26:19 AM
RE: it's good to have knowledge
OK, for what it's worth - I placed a sell limit order for 1,705 shares with Fidelity's International Trading Group yesterday morning while both markets were open. For the record, I've only purchased AMAVF shares in the past. International securities (like ARCM Stochholm) are not permitted in the types of accounts I have. The commission is higher than the usual $7.95 plus $50 fees that I've always been charged when trading AMAVF. It's listed as a straight $82.95 commission. I'll call them to see if that's a standard international fee or if it's based on other factors such as country/exchange, share price, number of shares traded, or anything else.
On the local (USA) side, this is how the trade showed up. I can't explain why it's listed as a "buy".
I watched the trading in Sweden immediately after I placed the limit order. It looks like the sell transaction was actually handled by Citigroup Global Markets Limited. The trades highleghted were the only ones they made yesterday. They total to 1,694 shares, not 1,705. I have no explanation.
I am absolutely certain that there is not a constant, fixed number of AMAVF shares in the US market. That subject has come up on this board a number of times.
OK, for what it's worth - I placed a sell limit order for 1,705 shares with Fidelity's International Trading Group yesterday morning while both markets were open. For the record, I've only purchased AMAVF shares in the past. International securities (like ARCM Stochholm) are not permitted in the types of accounts I have. The commission is higher than the usual $7.95 plus $50 fees that I've always been charged when trading AMAVF. It's listed as a straight $82.95 commission. I'll call them to see if that's a standard international fee or if it's based on other factors such as country/exchange, share price, number of shares traded, or anything else.
On the local (USA) side, this is how the trade showed up. I can't explain why it's listed as a "buy".
I watched the trading in Sweden immediately after I placed the limit order. It looks like the sell transaction was actually handled by Citigroup Global Markets Limited. The trades highleghted were the only ones they made yesterday. They total to 1,694 shares, not 1,705. I have no explanation.
I am absolutely certain that there is not a constant, fixed number of AMAVF shares in the US market. That subject has come up on this board a number of times.
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