My online broker, Fidelity, says that I have 0.16 shares of MSFT. How is this possible? I always assumed that you had to own a whole number of shares.
I want to buy shares of the company offered at the NYSE. How do I do that? I am a complete novice at this kind of thing.
I know that stocks below $1.00 can be traded to 4 decimal places, but is that possible for stocks above $1.00? On a list order transactions, one can find prices like $2.2801 despite most ecn brokers ...