Sale & Transfer of Fractional shares

Whilst you can buy and sell fractional shares on T212, some other brokers don’t offer such services.

If something goes wrong with T212, can you transfer fractional shares to other brokers and be able to sell it?

Fractional shares don’t technically exist. So you cannot transfer them even if the destination also has fractional on offer. Only whole shares can be transferred.


Fractional shares ownership does exist. But almost every broker has their custom implantation and they have not agreed on a standard for these yet, that’s why one can’t transfer them, yet.

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