the split should have been 10-1. at this rate another split will be needed soon 
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Iām new to trading myself, and this is also my first time dealing with a Split stock.
From my understanding, the 0.2 Shares I owned in Tesla should have been split by 5 and I should have owned a whole (1) share?
Unfortunately though that was not the case, I was Cashed out of my 0.2 Shares and instead I had to manually rebuy shares when Tesla went Live this morning.
Is there any reason why it didnāt do that automatically? or did I jump the gun this morning and by manually buying shares again did I interupt an automated process which wouldāve finalised AFTER Telsa Reopened this morning?
Secondly, I donāt understand what is mean by āPieā, but Iām smart enough to know its not the food, can someone explain what it means please?
Your understanding is correct. The only scenario I can think of where this should not have happened is if you are using CFD and your 0.2 shares were spread over 2 or more positions. Is that the case?
Or, is there any chance you had just a tiny fraction fewer than 0.2 shares, e.g. 0.19999999, and it was incorrectly rounded up to 0.2 in the user interface? Iāve seen several examples of rounding inconsistencies in other areas of the app.
When did you open your original Tesla positions?
Definitely not. The split was implemented over the weekend. I think it was complete by Saturday.
LOL. Pies are part of a new feature called AutoInvest, which is in development and hasnāt been released to everybody yet. You need to sign up to get access to it. I only did this a few days ago and I havenāt even tried it yet, so I canāt offer any guidance. You should find everything you need here:
Does anybody know what the maximum quantity for long positions with Tesla is in CFD and was it adjusted to reflect the stock split? Or has it been reduced by Trading 212 recently?
After reading through all 486 messages, I have a question regarding fractional stocks.
I know the what and the how, but I want to know why.
Why were the fractional shares after the split sold off?
If T212 owns a number of shares and marks everyone as owning a portion of that share, then just multiplying everyoneās amount by the split will still equal what T212 has after the split.
For example, letās say they have 2 shares and 5 people own fractional parts.
Letās assume people 1 through 5 own
- 0.18
- 0.2
- 0.92
- 0.35
- 0.35
After the split, T212 would have 10 shares split as so
- 0.9
- 1
- 4.6
- 1.75
- 1.75
Instead, by selling off the fractionals, theyāve now got 7, split like so
- 0
- 1
- 4
- 1
- 1
Why did T212 need to sell of the fractional shares?
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Looks like it was reduced. Itās 96 for me now. Better buy more before itās reduced to zero like they did with Airbus last time airline stocks were going up.
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Hi @Shuttleu, welcome to the forum!
I had planned to wait a few days for the dust to settle, and then ask exactly this question.
I totally agree with your example. In addition, the decision to sell off the fractional shares must have given Trading 212 much more work.
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Do you happen to know what it was in the past?
Is there a list of the maximum quantities for each instrument somewhere on the Trading 212 website?
It was at least 150 or maybe 200. No idea what the maximum was. I remember toying around with it yesterday checking what my profit would be if I put ā¬10,000 or ā¬15,000 on it and it went back to $2000 a share ā¦lol.
Anyway it doesnāt state a maximum quantity anywhere, only minimum. https://www.trading212.com/en/Trading-Instruments?id=3
Iāve noticed the maximum traded quantity is usually reduced when thereās the potential for big gains. It sucks.
See these threads:
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Thanks. I tried it in my empty test account and itās 100 for me. Is it 96 for you because you already have 4 shares?
I had a position with 28 shares, which became 140 shares after the split. If the maximum quantity was 100 before the split then it should be 500 now. However, I see that you think it was more like 150 or 200 in the past, so perhaps youāre right when you say:
Correct. I guess itās capped at 100 for everybody now. Just hope it doesnāt go to zero as this gravy train aināt over yet.
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They should display āMAX TRADED QUANTITYā in the āInstrument detailsā window beside the existing āMIN TRADED QUANTITYā.
Just checked the stock, after hours, already up to $529, wooohooo, just reacted to it on my channel: https://youtu.be/uPfs09B97sg
Back to the subject of why fractional shares were sold. @David said:
This suggests that Trading 212 intends to continue with this approach in the future, rather than supporting a full split of any number of shares with a fractional component.
WHY?
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No big deal, just deploy the cash. Thatās what I did.
Didnāt the price shoot up by 3% initially and eventually much more though?
Itās āTrading 212ā, not ā212 Tradingā.
Haha. What a load of BS 
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Tesla have a $5b Share offering, which is the reason its dropped today.
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Can we get some of those shares?
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