Trading

What is a 'trading unit'?

Update : Apr. 22, 2005

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Answer:

Trading units are the minimum amount of each individual stock that may be traded, and are determined by each individual listed company. Currently the majority of domestic listed companies use a trading unit of 1,000 shares. Stocks' trading units are identified in newspapers' market pages.

TSE is working to encourage listed companies with high prices and large trading units to reduce the size of their trading units to allow greater access to individual investors, who are currently put off by the expense involved in buying even one unit.

Trading units of listed companies
Trading Unit Number of companies
First section
Number of companies
Second section
Number of companies
Mothers
Number of companies
Total
1 share 56 32 110 198
10 shares 8 2 1 11
50 shares 9 - - 9
100 shares 564 172 7 743
500 shares 40 21 - 61
1,000 shares 917 332 4 1,253
3,000 shares 1 - - 1
Total 1,595 559 122 2,276

(As of end of 2004)

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