Lloyd’s restrictions

Does anyone know why Lloyd’s shares have been restricted to 500,000 shares per order? Doesn’t seem to make a lot of sense to me. Not that I want to buy 500,000 shares at the moment, I’m just curious.

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Noticed that too on my 100 holdings. :laughing:

Maybe people want to buy more?

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It could be there’s been some attempts of larger orders, and information had pinged back to T212 saying the orders are too much for a single transaction.

You can see similar limits for some other stocks.

Probably explains why there was a slight increase in price when this limit was placed. Doesn’t stop you doing 2x 500,000 at once though. Just they might be executed a few minutes apart?

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No exactly, that’s why I was confused because you can do more than one transaction.