Are Fractional Shares used for Portfolio Models?

MANAGE TRADING PERMISSIONS

Yes, if your account is enabled for Fractional Share trading then you can use fractional shares for Portfolio Models.

To enable your Fractional Share permissions use the button above or follow the below procedure to update your trading permissions:

1. Log into Client Portal.
2. Click the User menu (head and shoulders icon in the top right corner) followed by Settings.
3. Under Account Settings find the Trading section

4. Click on Trading Permissions
5. Scroll down to "Stocks", click +Add and check the box for "United States (Trade in Fractions)
6. Click CONTINUE and follow the prompts on screen.

TWS Build Version 979 or later is required to trade fractional shares. This feature currently supports most order types.

To enter an order for a fractional amount for shares, simply enter a fractional value as order Quantity (example: Quantity "0.5" indicates that you want to buy half a share).

Additional Information:

• Trading in Fractions and Cash Quantity for Stock Orders in the TWS Release Notes.
• Who is eligible for fractional share permissions?
• What are the fees associated with fractional shares?