Low cost players selling commission
Just a question for anyone who has been selling players at the bottom end of the market. Is the selling commission rounded up when selling. Just looking at a 20p player- the 2% comms should be 0.04p. Obviously if you were to sell 5 in units of then it would be an exact 2/4/8p etc. But if you were to sell at 1/6/11 shares then the loss on the round up would potentially negate a large chunk of IPD revenue? I appreciate most people won't be trying to sell in units of these small amounts but if people are topping up on cheap players with dividends then you might be inadvertently selling a few shares at a time?
Every sell has a 1p minimum commission.
@Vespasian32 do you mean per share or per total sell?