XTB Introduces Fractional Share Trading Within Its UAE Offering LeapRate

December 12, 2023 BY Simon Mugo

XTB Introduces Fractional Share Trading Within Its UAE Offering

Achraf Drid, CEO of XTB MENA, highlighted that fractional shares lower entry barriers for Middle Eastern customers interested in stock investments. XTB's goal is to cultivate an equity culture where private investors of any portfolio size can invest in companies they believe have significant growth potential. Before the introduction of fractional shares, certain high-value stocks…

March 28, 2023 BY Steffy Bogdanova

ESMA issues guidance on fractional shares in the EU

ESMA said: As derivatives on fractions of shares are not corporate shares, firms should not use the term fractional shares when referring to these instruments. ESMA would deem such use of the term misleading and therefore in breach of MiFID II requirements. Companies offering these derivative products must provide full disclosure of all direct and…

June 01, 2022 BY Steffy Bogdanova

Interactive Brokers expands offering with fractional shares in European Stocks and ETFs

Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers was the first big broker to introduce fractional trading in U.S. shares and it’s been very popular with our clients. Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way, in addition to the…

November 24, 2021 BY Steffy Bogdanova

RoboMarkets expands offering with fractional shares and 500+ new instruments

Fractional shares allow traders to buy a "slice" of stock that represents a partial share. Clients of the company can buy 1.5 or 1.05 of any company shares available on the platform. Тhe minimum order volume remains the same – 1 share. RoboMarkets reminded that conditions for Free Commission (when clients can buy shares without…

CFI Financial group reduces spreads by up to 31% on various instruments

April 13, 2021 BY Steffy Bogdanova

CFI Financial Group adds fractional shares to its offering

Demetrios Zamboglou, Group Chief Operating Officer commented: The advanced technology present across CFI’s trading infrastructure allows for new and improved features that would ultimately benefit clients in how they trade. As our improvements are always client-centric in nature, we believe that Fractional Shares will open the door for faster and more optimized integrations of future…

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