If I continue buying Fractional Share Rights for a specific instrument on SatrixNOW will it eventually become a full share?

Yes. When you buy a Fractional Share Right, you are effectively buying a portion/slice of a share in the chosen company.

If at a later date/dates, you buy further portions/slices of a share in that same company, when the sum of all those portions eventually totals 100% (a whole share), SatrixNOW will deliver that whole share to you.

For details on how FSRs are held on the SatrixNOW platform, click HERE

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.