Maximum number of shares available

💡 Feature suggestions & ideas
1

This is about investing and has 2 parts.

A) Why is the number of shares that can be purchased not visible for the instrument? Would it be possible to display it somewhere, perhaps in detail?

B) Why do some instruments have such a limited maximum number of shares? For example, NVDA has almost 19M available, but some only 2000 and they cost cents. Other platforms offer more shares to buy. So I’m wondering why and if it’s possible to increase it.

For example, I have a limit bought somewhere and I would like to lower the average price, but I can’t because I’ve reached the limit.

Somewhere the limit is really terribly low. Or the ATO example allows 500,000, but at a ridiculously low price. Given the volume, it should be possible to buy millions and not just 500k. I would like more examples. Rather, if it were not possible to increase the number of shares by, say, 5 times everywhere.

Thanks

2

The maximum order and position sizes are aligned with our risk management policy and current market conditions. We’re reviewing requests to amend the quantities for different instruments daily. If you’d like specific quantities to be reviewed, share the ticker and the name of the company in this thread: Reduction in T212 quantities.

Regarding your second question, the limits differ for each instrument as they depend on the trading volumes, liquidity, and current market conditions. Hence, some instruments have low limits due to their trading low volumes and liquidity. These limits are in place because large orders with illiquid stocks could cause delays, price slippage, or difficulty when trying to unwind positions.

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