Looks like Robinhood will split fractional shares. Would be so much better if Trading 212 could get this implemented before any further stock splits. Really hoping it doesnāt mess up my average buy price too. It might not sounds like a big deal but it completely messes up my profit calculations on portfolio trackers
Yes, even UK startup Freetrade are splitting all fractional share⦠as close to exact amount.
But final words is still to come.
So what happens to the average buy price when calculating profit? After the split. Surely if the price goes up $100 that should $500 profit for 5 shares?
@daindian Yes, any changes from your Avg price up or down is your profit or loss.
Likewise your Avg price will be divided by the split ratio.
For Tesla Avg price will be divided by 5.
For Apple Avg price will be divided by 4.
Tomorrow, weāll post a detailed explanation regarding all the scenarios that may arise in respect of the stock split execution.
In previous stock splits, this was not the case. For BEP, for instance, average is based on pre-split prices, which results with a negative result even though in reality I am in profit.
I opened a topic regarding this: Reflect price changes to stock performance after a stock split
Thanks for the update @Martin! 
Thank you Martin 



Thanks @Martin. Can you include information about whether the ārecord dateā is relevant to Trading 212 and/or investors at all please?
If you donāt want to complicate the āplatform statementā, can you at least post something on this forum?
Thanks for trying to answer my question, but, if you read the conversation over the weekend, youāll see that some of us have been trying to work out how that differs from selling or buying shares before the record date.
My sympathies goes to T212 staff, 193 posts in the topic and 300 of them are asking the same question 
Maybe they should give us a clear answer then
Yes, I know itās incoming, my point was that weāve had conflicting information so far and thatās the reason why there have been so many questions on this thread about the same thing
Below, I will shed light onto the upcoming stock splits & you can consider this information as the ultimate source of truth.
Scenario 1. (Row 1 in the attached table). Total quantity before split-WHOLE number (Non-Pie quantity + Pie quantity)
Your total quantity (non-Pie+Pie) is multiplied by the share ratio coefficient. The distribution of the total quantity between (non-Pie and Pie) after the split will be amended as follows:
-
Non- Pie quantity AFTER the split = (Non-Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
-
Pie quantity AFTER the split = (Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
Scenario 1.1 (Row 2 in the attached table) Total quantity before split whole number (Pie quantity) -
Your total quantity (Pie) is multiplied by the share ratio coefficient.
- Pie quantity AFTER the split = (Pie quantity BEFORE the split * Total quantity AFTER the split)/Total Quantity BEFORE split.
Scenario 1.2 (Row 3 in the attached table) Total quantity before split whole number (Non-Pie quantity)
Your total quantity (Pie) is multiplied by the share ratio coefficient.
- Non- Pie quantity AFTER the split = ( Pie-bucket quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
Scenario 2. (Row 4 in the attached table) Total quantity before split-FRACTION number ( Non-Pie quantity + Pie quantity)
Your total quantity (non-Pie+Pie) is multiplied by the share ratio coefficient, the result is rounded to the nearest lower whole number. The remaining quantity will be sold at the last available price. The distribution of the total quantity between (non-Pie and Pie) after the split will be amended as follows:
- Non- Pie quantity AFTER the split = (Non- Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
- Pie quantity AFTER the split = (Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
Scenario 2.1. (Row 5 in the attached table) Total quantity before split-FRACTION number (Pie quantity)
Your total quantity (Pie) is multiplied by the share ratio coefficient, the result is rounded to the nearest lower whole number. The remaining quantity will be sold at the last available price.
- Pie quantity AFTER the split = (Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
Scenario 2.2. (Row 6 in the attached table) Total quantity before split-FRACTION number (Non-Pie quantity)
Your total quantity (non-Pie) is multiplied by the share ratio coefficient, the result is rounded to the nearest lower whole number. The remaining quantity will be sold at the last available price.
- Non- Pie quantity AFTER the split = (Non-Pie quantity BEFORE the split * Total quantity AFTER the split) / Total Quantity BEFORE split.
Scenario 3. (Row 7,8,9 in the attached table) Total quantity after the split < 1.
Your total quantity (non-Pie+Pie) is multiplied by the share ratio coefficient, the resulted quantity will be sold at the last available price.
Scenario 4. (Row 10,11,12 in the attached table) Total quantity before the split <1 and the resulted quantity after the split is >1
Iām glad you changed āEVENā to āWHOLEā! I was totally confused.
There are still references to āODDā numbers.
It has been amended!
Are there any differences at all between ISA, INVEST and CFD?
Can you confirm whether the ārecord dateā is completely irrelevant to both Trading 212 and your investors?


