HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
fees when one % is less than 1 cent per share
Today I shorted this stock for the fun of it. To see what happened:
| Short | ARMY1 | 100,000 | H$0.01 | -H$3,000.00 | SUCCESS |
As you can see I paid H$2K in fees. I thoght thatshouod be only H$1K. Please help me understand where my math is off. Thank you.
fees when one % is less than 1 cent per share Nov 07, 12:28
minimum commission of 2cents per share (this rule is listed in the glossary at the bottom of each page) {nm} Nov 07, 12:33
There is a minimum $0.02 per share commission, so 1% or 2 cents per share whichever is more. {nm} Nov 07, 12:34
Thanks... Did look at the bottom of the pages. Nov 07, 12:59
Sorry that should read I "didnt" look at the bottom {nm} Nov 07, 13:01