Saxo launches fractional trading in Singapore
Multi-asset investment specialist Saxo has launched fractional trading for its clients in Singapore.
With this launch, clients are now able to trade fractional units on over 1000 instruments across multiple asset classes on all Saxo platforms.
Fractional shares are portions of a whole share of a company’s stock. Instead of buying a full share, you can purchase a fraction of a share. This allows clients to invest in high-priced stocks with a smaller amount of capital.
Also, through investing precise amounts, investors are better able to fully utilise all available funds. Overall, this offers clients more flexibility in allowing them to construct their portfolios to fit different budgets.