Investing 102

[68Cuda]

Originally Posted by GregWeld

The price you pay is determined purely by the lot that is offered by the seller.... buyers and sellers are matched up and the transaction is completed.

If you want to know exactly what you are going to pay --- DON'T put in a "market order". Learn how to put in a "Limit" order.

I "almost" always do limit orders. What the poster was referring to was the fact that it seems that the automatic reinvestment of dividends was done at various price points depending on the broker. What I was trying to get across was that the execution of the purchase was of different lots at slightly different times and it was likely random chance on the resulting price more than anything.