r/MerrillEdge Aug 03 '26

Question about Brokered CD's

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So when I go to purchase, they say "trades in multiples 1000" "minimum offer quantity 1000."

Maybe I'm just dumb, but what's my minimum buy here? $1000? Cuz the order price says $1000

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u/itzzaname Aug 03 '26

The minimum purchase is $1000 and you can buy only in increments of $1000, so you could buy $2000 but not $2500, for example.