I placed a stop limit on Gulf Keystone Petroleum at 75.90p and the price was around 76.06p. The price dropped down to 75.91p but because I could only round down in multiples of .10 I missed the stop limit being hit to purchase the stock and subscantly the price has risen to 77.25p 25 minutes later.
When the shares are being bought and sold at these small decimal increments I don’t understand how or why this would not be available to investors.
You’ve explained and it’s not 212 but can’t understand the rationale if we as buyers and sellers aren’t able to execute with the same fractional decimal.
If that’s the case the intermediates or LSE should only offer these prices at the fractional decimals, we as investors are able to purchase them at.
Just my opinion.
Thanks for the quick reply.