Six brand new US-listed stocks — including some community requests — have been made available to us by our US execution partner, and we wanted to add these for you as soon as we can:
Thanks for the effort in adding stocks! Is the stock request form still monitored by :freetrade: and the best way to continue to suggest new stocks? It appears a bit quiet these days and buried in the forum unless one specifically searches for it.
@Viktor I’ve seen this previously mentioned before by Sam. What sort of marketcap is required by your US partners to get them interested in allowing additions? $1BN+?
If so much of the early gains in some of these start ups are long gone by the time they reach your platform.
Space industry as an example I’d love to invest in Momentous SRAC and Rocket Labs VACQ before they get noticed by the market. I appreciate they are both pre merger and still SPACs at present but by the time it gets on your platform the price has ran up heavily. Same happened with Virgin Galactic it had hit $40 (mid single digit BN valuation) for the first time before it was on Freetrade, although its obviously retreated heavily a few times since.
Why does it matter whether or not its a low market cap stock…? it’s still an anticipated stock that people actually want to invest in. There are hundreds of stocks being added when they have never been requested.
There was a big hoohaw on here about them not adding it until it had ran up massively. Remember it initially went up to the 40s before a huge pullback. FT missed the lower levels at the time as peoplr were getting frustrated it still hadn’t been added and prices were going up.
agree with other posters - can you clarify this further please @Viktor ?
if this is the case going forward i’ll likely cancel plus and start using a different platform more which i don’t want to do.
the amount of gems missed by FT until they’ve blown up and all the good gains are gone is so frustrating.
if you have to include such lower cap stocks under FT plus to cover any costs, i’d personally be happy with that.