Important announcement:

The US markets shift to T+1 settlement and the FX PDS update both take effect on Tuesday 28th May 2024.

How is the average cost calculated in the holdings page?

nabtrade calculates average cost using the Weighted Average Price (WAP) calculation method.

Average cost is calculated by dividing the total purchase value by the total number of shares purchased.

WAP = Total Purchase Value / Total Shares Purchased.