More costly to buyer typically. Want U2 chase.
Okay, shortened to get 8 words in title.
If referring to commission on partial sells/buys and the seller has 6 or 7 figure shares trying to sell, it's typically more upsetting to buyer to get such a small amount of shares for commission cost.
But works both ways however (unless can change order with no cost).
Post 36091 (as revised in follow-up post):
Trading Tip 101.
In Schwab:
-- Can put min qty to fill.
-- In "Enter Order"
-- Hit "Optional" (just below Symbol).
-- Check "Minimum Quantity"
-- Enter number of shares (good on first fill only).
-- Then may get partials, but avoids being screwed.
-- Nothing greater than 99,900 on min qty.
On most all others sites:
-- AON, "All or none".
-- May get passed over on small fills however.
-- Best to limit lot size unless millions moving.
As well as:
-- FOK, "Fill or kill"
-- On next trade alone, (for anyone), it will fill or kill (cancel).
-- Used in special circumstances.
Lastly, seller (The ASK), may not see Min Qty, AON or FOK, but buyer will avoid being "Commissioned" and baited by seller to bid-up to fill.
We've all been there.
GLLs.
