Hello, I noticed that often pricing of some stocks alternate between GBP and GBX. If you look closely at CNX1 (IE00B53SZB19) there seems to be problem with interpreting the price of shares. At this very moment one share costs around ÂŁ866 (GBP)/ 86624p (GBX). In the app it says that it costs ÂŁ86624 (GBP) which is wrong. Looks like there is a problem with sourcing the price and it alternates between 866 and 86624 all the time.
It seems to be the same value, 866 GBP or 86600 GBX or 1109 USD or 1025 EUR
The currency you read don’t change the value
That is weird indeed @KW1
I was not aware until I read this that GPX was a thing! What you describe is the same as if a US stock/ETF price was constantly switching from XX.00 USD ($) to XX00 US cents (¢)!
I really don’t understand why this happens on the stock exchanges side. On the Finary side, have you sent them an email with a link to this post? Please do. I doubt that this is a very well known issue.
Darryl
Finary doesn’t seem to support GBX. This issue has been ongoing for a while with no resolution in-sight unfortunately.
Hi @Pierre827
I’ve personally never dealt with GBX myself, but I was curious about the topic.
I guess this is an issue for you because most of your investments are on the London Stock Exchange, where prices are often quoted in GBX (pence)?
Do you know if other countries also use a similar dual-quotation system — maybe to avoid using four decimal places or to reduce the number of penny stocks showing prices under 1?
If Finary can’t fix this, I imagine this could be a major limitation for anyone investing mainly in UK stocks. Curious to hear what impact this has on your portfolio and how you’re handling it.
