EasyClick order (RM-S)
EasyClick orders are easy and feature low transaction costs for trading selected Czech stocks on the RM-SYSTEM Stock Exchange. Stocks are bought and sold using a fixed lot of shares, known as an EasyClick lot. The size of a lot is set so that it is accessible for small and medium investments made by individual investors.
An EasyClick order has the best fees and offers the best opportunity to trade stocks in Czech Koruna in small and medium volumes.
Benefits of EasyClick orders
- Fee of 0.29% of the traded volume, capped at CZK 1,190.
- An EasyClick order can be combined with other intelligent orders.
- The valid order term is up to 15 calendar days.
- EasyClick can be used for selected titles with guaranteed liquidity - Find a list here.
Example EasyClick buy order
An investor wants to used an EasyClick Order to buy 200 shares of ČEZ. The price he wants to buy ČEZ shares at is a maximum of CZK 878.80.
Offers and bids before order placement:
Price (CZK) | Cumulative number of shares | |
880.00 | 10,547 | Offer |
879.90 | 6,218 | |
879.80 | 860 | |
879.00 | 810 | |
878.80 | 152 | |
878.00 | Last trade | |
878.00 | 85 | Bid |
877.00 | 650 | |
876.10 | 690 | |
876.00 | 855 | |
873.60 | 2,050 |
Offers and bids after order placement:
Price (CZK) | Cumulative number of shares | |
880.10 | 10 687 | Offer |
880.00 | 10,395 | |
879.90 | 6,066 | |
879.80 | 708 | |
879.00 | 658 | |
878.80 | Last trade | |
878.80 | 48 | Bid |
878.00 | 133 | |
877.00 | 698 | |
876.10 | 738 | |
876.00 | 903 |
Result and reasons:
- An EasyClick order can be placed in a standard quantity of a given security or in multiples thereof. One EC lot for ČEZ is 50 shares and here the requested quantity of 200 shares can be realized by using an EasyClick order.
- The entered Limit Price CZK 878.80 matches the best offer entered into the exchange system. However there are only 152 shares available at this price, meaning that only a portion of the requested number of shares can be acquired.
- The remaining 48 shares then appear as the best bid, which will then wait in the system for a counter-order with a suitable Limit Price (less than or equal to CZK 878.80). When they are traded depends on the market.
- Fees are calculated depending on the volume of the completed portion of the trade (0.29% * 878.80 * 152 = CZK 387)
- Funds required for placing a (valid) EasyClick order: CZK 176,270 (investment volume: 200 * 878.80 = CZK 175 + fee: 0.0029 * 175,760 = CZK 510).