Odd lot trades intergrated to the normal trades

TuskerLK · 1 Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:37 am

TuskerLK

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I just checked with heramilaya and JBS online trading systems. both shows the prices of trades made in odd lots,

VPEL total volume 21,001

last trade 8.00
number of shares - 1
price up by 0.60

Same for some other shares also..

todays top looser SING down by 21.56% whilst the traded quantity is only 2 shares
2nd top looser is BOPL traded quantity is 17
3rd looser is MADU traded only 5 shares

Top Gainer is BREW up by 38% traded only 1 share.

All above from JBS site. same is there in Heramilaya site also..is this due to the new ATS system, if the new system start counting the odd lot prices for index calculations our indexes will become volatile like never before. even trade of just 1 share can trigger the market halt.

Slstock · 2 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:45 am

Slstock

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Yes Utter Chaos.

What a way to to manipulate market index. Look at how many companies traded with volume like 1 0r 2 . Some of them have 30% gain over the day but with 1 share traded.

Retailers seems utterly confused and maybe some broker systems might not work also. Turnover at 11.30am 109 Million! Maybe if this does change it might be lowest traded day for several years.

Is this what had been tested for months! By the way if you do not want some one to only buy 1 share what do you do?

I put a 200 sell order . Someone bought 26 shares. I did not want to sell 26 I wanted to sell 100. Not sure how to restrict minimum quantity like in ODD lots before

Leo · 3 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:52 am

Leo

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But it seams in calculating ASI and Milanka the prices are averaged.

Once i saw DIAL going with a increace in price. But imediately the ASI droped a little (before other trades) So it seams that the way of calculating the indexes have changed.

Did anybody identified such. Shocked

Gaja · 4 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:56 am

Gaja

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slstock wrote:

Yes Utter Chaos.

What a way to to manipulate market index. Look at how many companies traded with volume like 1 0r 2 . Some of them have 30% gain over the day but with 1 share traded.

Retailers seems utterly confused and maybe some broker systems might not work also. Turnover at 11.30am 109 Million! Maybe if this does change it might be lowest traded day for several years.

Is this what had been tested for months! By the way if you do not want some one to only buy 1 share what do you do?

I put a 200 sell order . Someone bought 26 shares. I did not want to sell 26 I wanted to sell 100. Not sure how to restrict minimum quantity like in ODD lots before

I don't think you can do anything as the shares goes on less than 100, i feel only option left to you is to wait until the balance get filled.

If you want to buy only 1 share put 1 share and the price you wanted

girihell · 5 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:01 pm

girihell

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I cant see an option to restrict minimum quantity to 100 in DirectFN ?

in CDAX i can see an option but does it actually works? Im not familiar with CDAX

as you guys said its going to be a manipulator's playground as anybody can manipulate ASI just by buying or selling one share.

Leo · 6 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:11 pm

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when all are manipulating, it will get smooth and good . So we too get the power to manipulate Very Happy

aj · 7 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:15 pm

aj

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This is stupid. The regular Sri Lankan style. They should ignore 1 lots from calculations and displaying or adjust share prices / consoildate all shares 100 to 1. So that 1 is like the 100 before. Market will go crazy with 1 share of companies like CARS, BUKI.

jaya · 8 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:18 pm

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Does CSE place for experiment lab? Retail Investors are not mice for testing outdated politicos ideologies

What has done to CSE this time?

Any single 1 number shares can manipulate whole market
Please revert back previous system before kill us

mono · 9 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:19 pm

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This sucks. I hate to be the sorry looser who ended having to sell the odd of a stock that's in the 1000s

Slstock · 10 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:19 pm

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BTW, are brokers or retailer testing their systems for fun ?

Why buy 1 share of FLCH and SEMB . I saw some people do. Want to gain whopping 100% Or with minimum broker fees it is that you want to loose 600%

greedy · 11 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:27 pm

greedy

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slstock wrote:
BTW, are brokers or retailer testing their systems for fun ?

Why buy 1 share of FLCH and SEMB . I saw some people do. Want to gain whopping 100% Or with minimum broker fees it is that you want to loose 600%

If some one buys a share for 1 rupee, the company has to spent a lot on postage to send AGM invitations, Annual reports etc Smile

. Its gonna be fun now.

prasa2004 · 12 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:52 pm

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i am fakely satisy due to my NET DEFICIT getting bit reduced due to 1-10 share traded at upward price. This will also give fake margin boost. Broker huts will be furious in posting/generating advices for 01 share lots. God knows who recommended this joke system?

Roboticfx · 13 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:59 pm

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How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

Leo · 14 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:19 pm

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Next step should be half of a share.
1/2 shares of COMB @ Rs 50
1/4 shares of COMB @ Rs 25

Leo · 15 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:20 pm

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Z score system is better for shares . cheers

Roboticfx · 16 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:31 pm

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Leo, what a nice idea. Laughing

after that it would be in decimal quantities such as

COMB.N0000 = 0.01 shares @ rs.1 lol!

lakman · 17 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:36 pm

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Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

2011_NewComer · 18 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:53 pm

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lakman wrote:

Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

share - 2.20
CDS fee - 5.00
STL - 0.01
Broker fee - 10.00

total = 17.21

aj · 19 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:58 pm

aj

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2011_NewComer wrote:

lakman wrote:

Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

share - 2.20
CDS fee - 5.00
STL - 0.01
Broker fee - 10.00

total = 17.21

What happens to the sellers whose 100 shares at Rs. 2 get divided into 50 or 100 small lots. May be the sellers has a big negative value to pay all the broker charges instead of they getting any money. You sell for Rs. 2 for a total of Rs.200 sales and pay Rs. 2000 as broker charges...

mra · 20 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:17 pm

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oho..my god.don't blame our smart officials for this. they say London exchange also odd numbers appear in main board. so do they follow sudd's.

we should let our kalu sudda's calculate values of our cents(Rupee) and pounds 1st.
poo fellows ne??? Laughing

2011_NewComer · 21 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:25 pm

2011_NewComer

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aj wrote:

2011_NewComer wrote:

lakman wrote:

Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

share - 2.20
CDS fee - 5.00
STL - 0.01
Broker fee - 10.00

total = 17.21

What happens to the sellers whose 100 shares at Rs. 2 get divided into 50 or 100 small lots. May be the sellers has a big negative value to pay all the broker charges instead of they getting any money. You sell for Rs. 2 for a total of Rs.200 sales and pay Rs. 2000 as broker charges...

I don't think it'll be like that, according to the announcement yesterday, they'll consider the value of all trades(of a share) to charge these fees.

Now if some one wanted to buy/sell 100 flch @ 2.20 and if it was filled as 100 trades as a single share each time, it won't cost 17.21 * 100.
Then it'll be something around Rs. 236. As I understood that announcement that CDS fee and Broker fee will be charged for the total value for all these 100 trades for a particular share within the day.

aj · 22 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:29 pm

aj

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2011_NewComer wrote:

aj wrote:

2011_NewComer wrote:

lakman wrote:

Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

share - 2.20
CDS fee - 5.00
STL - 0.01
Broker fee - 10.00

total = 17.21

What happens to the sellers whose 100 shares at Rs. 2 get divided into 50 or 100 small lots. May be the sellers has a big negative value to pay all the broker charges instead of they getting any money. You sell for Rs. 2 for a total of Rs.200 sales and pay Rs. 2000 as broker charges...

I don't think it'll be like that, according to the announcement yesterday, they'll consider the value of all trades(of a share) to charge these fees.

Now if some one wanted to buy/sell 100 flch @ 2.20 and if it was filled as 100 trades as a single share each time, it won't cost 17.21 * 100.
Then it'll be something around Rs. 236. As I understood that announcement that CDS fee and Broker fee will be charged for the total value for all these 100 trades for a particular share within the day.

What happens if I want to sell 100 shares at Rs. 2.00 and put the order. And each day somebody buys 1 stock everyday. At the end of the week I'm left with 95 shares and charges for selling 5 shares.

Xmen · 23 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:31 pm

Xmen

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e.. rate minissu
thanikara kelinne pissu.

http://www.atapattama.com/musicvideo.php?vid=1499d71c0

mark · 24 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:35 pm

mark

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these buggers are insane,what the hell doing Evil or Very Mad

TuskerLK · 25 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:47 pm

TuskerLK

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aj wrote:

2011_NewComer wrote:

lakman wrote:

Roboticfx wrote:How to pay dividends for 1 or 2 share holders? Imagine a company pays 0.50 per share so will they have to write a check for rs0.50? As I heard cost of one check book is about 600 rupees.

If i buy one FLCH share @ 2.20 what will be the total cost? inclding broker fee,cess etc.

share - 2.20
CDS fee - 5.00
STL - 0.01
Broker fee - 10.00

total = 17.21

What happens to the sellers whose 100 shares at Rs. 2 get divided into 50 or 100 small lots. May be the sellers has a big negative value to pay all the broker charges instead of they getting any money. You sell for Rs. 2 for a total of Rs.200 sales and pay Rs. 2000 as broker charges...

yes, that will be the real concern, the one who buys 2 shares will also be willing to accept the additional cost of such purchases, but those who want to sell their 100 or 200 shares in full will be penalized for no reason if the trade happens in 100-200 splits...

one who sells 100 share at 10 will have to pay the following amount to the stock broker.

Broker fee 10*100 = 1000
CDS fee 5*100 = 500
other tax,cess and lavies also applied.

so the investo will have to pay 500++ rupees to stockbrokers for the sale of shares worth of Rs.1000.00

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Odd lot trades intergrated to the normal trades

1 Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:37 am

TuskerLK

2 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:45 am

Slstock

3 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:52 am

Leo

4 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 11:56 am

Gaja

5 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:01 pm

girihell

6 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:11 pm

Leo

7 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:15 pm

aj

8 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:18 pm

jaya

9 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:19 pm

mono

10 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:19 pm

Slstock

11 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:27 pm

greedy

12 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:52 pm

prasa2004

13 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 12:59 pm

Roboticfx

14 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:19 pm

Leo

15 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:20 pm

Leo

16 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:31 pm

Roboticfx

17 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:36 pm

lakman

18 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:53 pm

2011_NewComer

19 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 1:58 pm

aj

20 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:17 pm

mra

21 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:25 pm

2011_NewComer

22 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:29 pm

aj

23 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:31 pm

Xmen

24 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:35 pm

mark

25 Re: Odd lot trades intergrated to the normal trades Fri Feb 24, 2012 2:47 pm

TuskerLK

26 Re: Odd lot trades intergrated to the normal trades

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