Selling large number of stocks at once
Selling large number of stocks at once
Loading saved threads...
Elvin Jafali · External communityPost link
External question — Personal Finance Stack Exchange
Author: Elvin Jafali
Original post: https://money.stackexchange.com/questions/134094
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
I can't wrap my head around selling large quantity of stocks.
For example, assume Alan has 10,000 shares of company X that he bought 5 years ago at $5/share.
He is happy with the current share price of the company which is $227. He wants to sell all of his stocks, so he puts a sell order of 10k shares of company X where he owns stocks.
Now the unclear bit. When he puts the sell order through his broker, does he get all 10,000 shares sold out at once? Or does the broker put the sell order and wait until all 10k are sold and give Alan his money(i.e. deposit to his account)?
Quote
Report
Post Reply
Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Elvin Jafali Source score (net votes, not local likes): 1 Original post: https://money.stackexchange.com/questions/134094 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I can't wrap my head around selling large quantity of stocks. For example, assume Alan has 10,000 shares of company X that he bought 5 years ago at $5/share. He is happy with the current share price of the company which is $227. He wants to sell all of his stocks, so he puts a sell order of 10k shares of company X where he owns stocks. Now the unclear bit. When he puts the sell order through his broker, does he get all 10,000 shares sold out at once? Or does the broker put the sell order and wait until all 10k are sold and give Alan his money(i.e. deposit to his account)?
Checking account access…