Good point @Jonny , @RVtech and @Eden - I totally forgot about good old Drivewealth for a minute.
Instead maybe they should just ask Drivewealth for their solution on a little scrap of paper. They are friends after all⊠
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Thanks for taking notes for all of us that couldnât make it Jonny. Much appreciated 
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Yeah, but I was hoping for more details. I donât blame them too much for not going into all the details, it would have been a long call and they probably feel secretive about some of what they are doing. But they talked about objectives and Iâm curious about the mechanics of how they will be achieved. So for example on the âwhere is your moneyâ issue, what exactly are the interface points as transactions get handed off from one institution to another, how will they be monitored, and how will exceptions be addressed? On customer service, itâs fine to say they are they going to clear the queues in two weeks, but what would give me more confidence would be to know more exactly how they are going to do that. For example, they recently said they hired 25 âtempsâ for customer service; thatâs the sort of concrete step Iâm thinking of.
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Was great to see the team in good spirits! And a lot of things to digest! Thank you!
AC/DC intro was a nice touch also
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that was subtil. Joining the meeting with the companyâs email
I wonder what we can find here
They run ads on their community forum
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Really impressed with Duncan vision of the product roadmap. Especially the different levels of how the autopilot will be implemented is something Iâm looking forward to. Thatâs something I always envision that would be beneficial for the platform that would give investors the additional edge.
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Agreed, itâs was music to my ears hearing that theyâll roll out semi auto invest portfolios. As I wish I could just automate my global index ETFs and just be left to physically invest in companies.
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No worries! I just hope @Viktor doesnât mind me sharing the scoop
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It is an unofficial community page.
Just to clarify on this - Adam would have meant they have to wait 12 months from the previous CF raise, not 12 months from now. Iâd assume they are good to go live in June.
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I heard it too
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Great content on last nights Zoom @Freetrade_Team 
I know there were lots of questions in the chat which were unable to be answered due to running out of time. Can they be answered here if community members want to add.
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Did anyone hear what they said about swag? Particularly R6 swag?
I wasnât able to attend the event but did they reply to any of these?
Thanks
Honestly this sounds like an interesting yet easily-solvable engineering challenge.
I think the main hurdle is not really technical but financial, in that FT has to own at least one share in order to âfractionaliseâ it. So if some smart arse buys ÂŁ2 of GAW, Freetrade has to fund the remaining ÂŁ96.05. Scale this to potentially thousands of stocks and FT is burdening a lot of risk. This ignores the responsibility of stamp duty, which may be easily solved or may be a bit of a headache.
Partnering with Drivewealth reduces FTâs risk substantially. But the more customers FT has, the more risk can be taken on, meaning FT could definitely repurpose their UK system to US (and EU) stocks in the future.
One benefit to bear in mind with UK stocks is that they are typically far cheaper than US stocks, so the burden of risk is smaller.
If I misunderstood something, please correct me on it.
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Really? In that case wouldnât 48 people just get a 2ÂŁ share of one same stock, so their max exposure is only goes up to 96ÂŁ before falling back each time
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If I understand it correctly, this is exactly how Drivewealthâs fractionals work.
Letâs say one stock is (for the sake of ease) $10. You buy $18 and are the first customer to do so. Drivewealth rounds up, buying 2 shares ($20). You are entitled to 18/20 = 90% of that, and Drivewealth has the extra 10% in reserve. Immediately after, at the same market price, I purchase $12. Drivewealth already has $2 of the stock in reserve, so rounds up and buys an extra 1 share on the market.
The risk is the price fluctuation on the reserve amount. There is almost always a fraction of a share left over. Drivewealth could at any point potentially own up to 99.999âŠ% of one of every stock on the market. With more customers, that risk is reduced. Drivewealth has a portfolio of big-name partners, so their risk would be much smaller in comparison to FTâs.
Also, it seems there may be patents involved which might prevent FT from reproducing the model exactly.
Again, please correct me if my interpretation is incorrect.
Yes, I asked the question. They said there have been issues with the supplier but they are hoping to get it out soon. Adam was wearing one of the hoodies and it looks great. I donât mind the wait as there has evidently been so much happening lately that is more important
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Wonder if Adams reference to not getting much sleep and being on West Coast time was because there is going to be a major US VC firm come in 
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