Buying shares and price fluctuations

#1

When I tap Buy in the app, I can’t choose the number of shares to buy, it asks me to enter an amount.

How does this work?

For example, if I enter £200 and the share price is currently £50, the app says it will buy approximately 4 shares.

When the order is executed at 4pm, what will happen if the share price has increased to £80?
Will the app buy 2 shares for £160 or will the app buy 4 shares for £320 or will the order be cancelled?

Similarly, what will happen if the share price has dropped to £20?
Will the app buy 10 shares for £200 or will the app buy 4 shares for £80?

Thanks

(Emma) #2

It will buy as many as it can with the money allocated at the price when the trade goes through

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#3

Great thanks :slightly_smiling_face:

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