Hi everyone, itās my first post on the forums. I just wanted to ask if there is a known issue with stock prices in Freetrade Android? There seem to be some discrepancies between Freetrade and other services. For example Ashtead (AHT) with a price of Ā£22.30 in Freetrade, whereas services such as Yahoo Finance or Marketwatch show a price of Ā£22.34. As the result Freetrade indicates daily loss and other services show a gain. Another example: Lloyds (LLOY) @ Ā£0.57 in Freetrade but Ā£0.5691 elsewhere.
No need to worry Freetrade usually runs a final price update 2/3 minutes before the close of business. This usually accounts for the price difference. I have asked why they canāt run the update either at close or post, doesnāt seem to be a priority.
Iāve noticed end of day pricing discrepancies and also discrepancies between the prices and charts shown in FT. e.g. stocks that are up in price, alongside a chart that is shows a fall. It often seems that the data is not up to date and not in sync ā¦ so I am never quite sure whether the figures in FT are correct or notā¦
I hope this is the pipeline to fix this. As an investor and a future user, the more freetrade keeps the user in the app with good info/speed etc. the better
Thereās a few of reasons why you may see a difference between the prices we display in the app & the prices thatāre displayed by a service like Yahoo Finance:
The prices in our app are āindicativeā so we donāt aim to show the live market price. Instead prices are there to give you a rough idea of what you can expect to pay when you buy / sell a stock. We explain this in the app.
The prices thatāre shown on sites like Google / Yahoo Finance are often delayed. In other words, itās common that theyāll show you the price from 15 minutes ago.
The price that we display is the āmidā price, other sites may display the bid or ask price.
The starting point for our daily loss / gain figures might be different. The % that we display is calculated based on the last close price & the first point on our graphs show todayās opening price.
The key thing to remember is that we use the live market price when you make an order. We will keep on improving on the information that we display in the app too
I understand that you use 15m delayed pricing and other sites may use real timeā¦ but at the end of the day, after markets have closed I would expect that your price would be inline with other finance apps; that you would use the same methodology for calculating daily fluctuations. What I tend to see is others such as Google, yahoo, webull all show same open/close/change figures and FTs are differentā¦
Hi, i bought shares using freetrade. When the transaction went through, it was not at the price which the market was trading that stock for at that particular time. So I bought the share at 11.20am, each share for the stock was 124.20. When it went through the app, I was charged Ā£1.33 for each share. I understand that the price shown when about to purchase may be indicative, but when the transaction goes through, it should be at the price of the share in the market at that particular time
You have to be aware of the Bid/Ask difference. The market was not ātrading at 124.2ā. It was trading at 124.3 to sell and 133.9 to buy.
The fractional difference you got is the āprice improvementā Freetrade got because of routing your order via an RSP. Thatās the āOā (ordinary) reference against your trade. āOrdinaryā as it was routed to market for a market price. Versus āATā (automatic) which kinda means itās sitting āon bookā waiting for a matching order to take the other side of the trade.
I just wanted to ask if there is a known issue with stock prices in Freetrade Android? There seem to be some discrepancies between Freetrade and other services. For example Ashtead (AHT) with a price of Ā£22.30 in Freetrade, whereas services such as Yahoo Finance or Marketwatch show a price of Ā£22.34. As the result Freetrade indicates daily loss and other services show a gain. Another example: Lloyds (LLOY) @ Ā£0.57 in Freetrade but Ā£0.5691 elsewhere.
