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Consideration price vs proceed price


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Hello,

May I ask why the consideration price is different to the proceed price? Say I sold my stocks at $172 for 8 stocks, so the total consideration price $1376, but the actual value (the amount I received) is much lower than the consideration price? I have already minus the commission fee and stuff, but it doesnt seem to add up? amy thanks

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4 hours ago, TCC said:

Hello,

May I ask why the consideration price is different to the proceed price? Say I sold my stocks at $172 for 8 stocks, so the total consideration price $1376, but the actual value (the amount I received) is much lower than the consideration price? I have already minus the commission fee and stuff, but it doesnt seem to add up? amy thanks

Hi @TCC,

It is possible that it is the conversion fee of 0.5% if the stocks are in a foreign currency.

What stocks did you sell?

Thank you - Arvin

 

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