Not exact matches
Now, some forex
brokers allow you to
trade micro-lots, this basically means you have the flexibility to
trade a position size as small as 1 penny per pip, in this case you could
trade 9.1 micro lots -LRB-.91 cents per pip), you would not want to go up to 9.2 micro-lots because your risk would then be over $ 100: -LRB-.92
x 109 = 100.28 $), at.91 your risk will be just under $ 100: -LRB-.91
x 109 = $ 99.19).
Let's assume you get filled at 64.33 per share, so this will cost you $ 12,866 (200
x 64.33) plus commission (which we are going to assume is small enough not to matter — if you pay more than $ 5 commission to execute a
trade like this then you may want to look for a discount
broker).
As there are now two markets to choose from when you
trade ASX - quoted shares, once your
broker joins and
trades on Chi -
X they must provide the best execution for your
trade across both markets, in terms of best outcome (e.g. price).