01.31.20
Fidelity Adds Fractional Share Trading to Retail Online Brokerage
by: Ryan W. Neal
Fidelity Investments’ online brokerage platform has rolled out fractional share trading. Beginning Wednesday, retail investors using Fidelity’s mobile app can buy or sell in increments as small as 0.1 percent of a share of an ETF or equity. Fractional trading will be available in retail brokerage accounts, IRAs, and health savings accounts but not, as of yet, to financial advisors using Fidelity Institutional’s custody and clearing platform.
Read the full article on InvestmentNews