00 Votes

How can I avoid partial executions in the stock market?

Question by Vipnance | 2012-06-06 at 17:49

Recently, I often had the problem, that it came to partial executions on the stock market when buying securities. The problem with this is, however, that these partial fills are quite unpredictable and I have to pay for all the partial executions extra. Sometimes the fees are so high, that it is actually not worthwhile for me to buy the papers at all.

Therefore, is there a possibility to prevent these partial fills in some way?

2Best Answer2 Votes

There are two solutions for this dilemma: either you change your bank and you go to a bank, which is charging the fees only once per transaction, or you simply add the order supplement Fill or Kill (FOK) to your orders. This order restriction means, that the order is either entirely carried out or not at all.

I have also heard about banks, which are creating many additional partial orders on purpose to be able to earn more money with their fees. So, in your case, I would really think about another bank, if this is happening constantly. I had never a big problem with partial executions in my life.
2012-06-07 at 15:01

ReplyPositive Negative

Related Topics

Important Note

Please note: The contributions published on askingbox.com are contributions of users and should not substitute professional advice. They are not verified by independents and do not necessarily reflect the opinion of askingbox.com. Learn more.


Ask your own question or write your own article on askingbox.com. That’s how it’s done.