I've just been going through my transaction history and there has been another change to the calculations when selling shares! This seems to have been unannounced at around the end of March.
Previously, you added a sales order and in a separate line a fee was charged. If shares sold, there were 2 new lines, sell holdings and edit sell order, both showing the same sales value of the sold shares and a new balance.
At the end of the sales period, any unsold shares and unused fees were returned (minus a minimum of 25 pecs flat fee).
Now, if some shares sell, the two lines are different. There is a sell holdings and edit sell order, as before, but the edit sell order shows fees removed according to the number of shares sold (and initially another 25 pecs it seems). Two balances are shown now, not just one: the main balance going up (edit: of CPshares account), and some internal balance of the fees.
Example: you add a sell order for 100 shares that initially charges say, 4.70 peds. If no shares sell, you'll get 4.45 peds back at the end. BUT, if someone buys 2 shares, an additional 25 pecs is charged for the individual sale - your individual balance is recorded as 4.20 peds.
The 25 pecs is charged EVERY time someone buys - even if 1 share! [edit: I imagine that first sale would show 4.20 peds regardless of whether someone buys 1-10 shares, but worst is just buying one. I imagine the next balance would usually show 3.95, but it hasn't happened to me yet. Ah, it has now, balance going down by 25 pecs each time 1,2,3,4,5 etc are sold.]
I've not got an example of the internal balance running to zero - maybe others have, which is partly why I'm explaining this here.
The bottom line is that sellers cannot NOT sell in ones and two, whatever, so there may be a charge of 25 pecs PER SHARE that way, depending on buyers.
Now I know that some real stock markets also charge fees for partial execution of orders, but with the low volumes here that is ridiculous! There is also the matter of NOT INFORMING us of this! -> one not happy bunny!
Please check your transactions people and shed more light on this, ty!
Previously, you added a sales order and in a separate line a fee was charged. If shares sold, there were 2 new lines, sell holdings and edit sell order, both showing the same sales value of the sold shares and a new balance.
At the end of the sales period, any unsold shares and unused fees were returned (minus a minimum of 25 pecs flat fee).
Now, if some shares sell, the two lines are different. There is a sell holdings and edit sell order, as before, but the edit sell order shows fees removed according to the number of shares sold (and initially another 25 pecs it seems). Two balances are shown now, not just one: the main balance going up (edit: of CPshares account), and some internal balance of the fees.
Example: you add a sell order for 100 shares that initially charges say, 4.70 peds. If no shares sell, you'll get 4.45 peds back at the end. BUT, if someone buys 2 shares, an additional 25 pecs is charged for the individual sale - your individual balance is recorded as 4.20 peds.
The 25 pecs is charged EVERY time someone buys - even if 1 share! [edit: I imagine that first sale would show 4.20 peds regardless of whether someone buys 1-10 shares, but worst is just buying one. I imagine the next balance would usually show 3.95, but it hasn't happened to me yet. Ah, it has now, balance going down by 25 pecs each time 1,2,3,4,5 etc are sold.]
I've not got an example of the internal balance running to zero - maybe others have, which is partly why I'm explaining this here.
The bottom line is that sellers cannot NOT sell in ones and two, whatever, so there may be a charge of 25 pecs PER SHARE that way, depending on buyers.
Now I know that some real stock markets also charge fees for partial execution of orders, but with the low volumes here that is ridiculous! There is also the matter of NOT INFORMING us of this! -> one not happy bunny!
Please check your transactions people and shed more light on this, ty!
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