# Stock market question - 1/10 cent?

**URL:** <https://boards.straightdope.com/t/stock-market-question-1-10-cent/445625>\
**Category:** Factual Questions\
**Created:** [April 16, 2008, 6:46pm UTC](https://boards.straightdope.com/t/stock-market-question-1-10-cent/445625 "2008-04-16T18:46:19Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![flex727](https://avatars.discourse-cdn.com/v4/letter/f/258eb7/32.png) [@flex727](https://boards.straightdope.com/u/flex727)\
**Post date:** [April 16, 2008, 6:46pm UTC](https://boards.straightdope.com/t/stock-market-question-1-10-cent/445625/1 "2008-04-16T18:46:19Z")

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Today I sold 305 shares of stock from the company I used to work for from my Schwab brokerage account. I placed a market order to sell, which executed instantly as expected (the stock is a Fortune 500 company, NYSE traded). The order status screen shows that 130 of the shares sold for $29.42 and 175 shares sold for $29.421. While I certainly appreciate that I got an extra tenth of a penny for those 175 shares, what possible mechanism would cause that transaction to execute in that way? What situation causes resolution to a tenth of a penny on a transaction that small?
