Here it says there will be ETFs in the first batch:
Hereās a list of all the share requests with 20 or more votes that donāt have the on Freetrade label. Just browsing through this itās understandable why they have not made it onto the app yet, like ARK Innovation ETF - ARKK which doesnāt have a Key Information Document so cannot be offered in the UK. Or [Request ] EasyJet - LON:EZJ which requires nationality declarations.
P.S. - I pulled the topics by votes and I havenāt checked the list against whatās on the Freetrade Universe. So purely relying on the on Freetrade tag.
The KID issue is also relevant for all Global X ETFs. These cannot be offered.
Yeah thereās a few like this, a few requiring nationality declarations as well. Then thereās some which are not on UK/US exchanges so cannot be supported at the moment like Xiaomi Corporation - 1810 which is on the Hong Kong exchange. Then there are ones with low trading volumes, so if they add them to the app they might then have to deal with a lot of inbound queries on failed orders.
The only suggestion I have about all this is to somehow provide better visibility on why a stock isnāt in the app. Maybe exact search in the app should show stocks that cannot be traded right now, as greyed out with a possible reason. HL does this with ones that do not have a Key Information Document like Ark ETF Trust Ark Genomic Revolution Multi-Sector ETF (ARKG).
Three cheers for PRIIPs, where the EU government decided you werenāt capable of finding out risk/fees/etc information for yourself and demanded they all produce KIDs.
Narrotor: They didnāt bother.
I really like this idea
Yes saf! I think weāve suggested that in a thread somewhere before⦠Donāt know if it was but into itās own ideas thread to vote on.
Also definitely need this feature for stocks that are on the app but undergoing a corporate action where trading is suspended e.g just eat, Eurasia mining, etc⦠Instead of it being hidden in the app with your shares/value if you are holding it. I havenāt been able to find those posts - can anyone else find them, or start an ideas thread for it?
If you create a ideas thread then Iāll vote for it
Thereāre old and potential new users who donāt spend their time in forums, letās keep that in mind when adding new shares. Competing platforms are doing an ok job offering a lot of shares and option trading, which would be nice to see here.
Hi All,
Please can you advise when new securities will be added? Previously there used to be new updates every Friday however it looks like this stopped a few months ago.
Thanks!
Yeah keen to see this as would love to see Go Daddy added
First, fractional shares will roll out, and weāll add the new stocks after then. Fractional shares are in the final stages of development.
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Weāll send you updates about building Freetrade at least bi-weekly now.
The social guy of FT said the shares will be rolled out āthis weekā two months ago.
You can understand our frustrations with misleading us with communicating misleading timescales.
Can you link a source? Iād be interested to see that as thatās never been my impression.
Is this a source for or against the direct quotation of
Weāve started the piece of work to add the new stocks, and itāll still be a few more weeks.
Fractionals will arrive first.
Why wait for fractionals first?
Am with you, seems an odd sequence. I appreciate you have a limited team, so can only run so much in parallel, but youāve been adding stocks as you went along and surely adding 250 stocks would be an easier starting point. I canāt speak for everyone, but I am much more keen on more stocks given the current market conditions than fractionals.