Trading
What is a 'trading unit'?
Update : Apr. 22, 2005
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 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)