Idaho Authorize Sale of fractional shares
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How to fill out Authorize Sale Of Fractional Shares?
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FAQ
Transferability: If you want to transfer your account or specific share positions to another broker, only whole shares can be transferred. Your fractional shares that cannot be transferred or reorganized will be liquidated at prevailing market prices, and the proceeds will be credited to your account.
Keep in mind, if you're buying or selling fractional shares, you must enter an amount of at least $1.00. However, you'll have the option to Sell All if you have less than $1.00 of any fractional share.
Fractional shares cannot be transferred, and stock certificates are not available for them. Fractional shares need to be sold prior to any transfer.
The only way to sell fractional shares is through a major brokerage firm, which can join them with other fractional shares until a whole share is attained. If the selling stock does not have a high demand in the marketplace, selling the fractional shares might take longer than hoped.
Fractional shares cannot be transferred, and stock certificates are not available for them. Fractional shares need to be sold prior to any transfer.
You can place market or limit orders, good for the day of the trade only. Fractional shares or dollar-based orders are eligible for real-time execution during market hours (approximately a.m. to p.m. ET) on normal trading days, and they may only be placed while the market is open.