In addition to new feature requests, if there are any financial products you would like to see available in the app, for example a Stock or ETF that is not listed in the current universe , please fill out this form , and feel free to discuss below.
If you havenāt already, itās also worth reading @Robās recent blog post about the Universe that will be available at launch, and the logic behind it.
was updated, it contained a lot of US stocks too. As @Rob explained, those will not be available at launch but will be implemented shortly (according to @Viktor, even before the Android App)
Would be helpful to have another tab in the spreadsheet with the list of initial US stocks. Many of SP500 securities were there originally but not BAT, for example, or some other major players. If the users had a chance to look at the list before the launch, more valuable suggestions could be made via the form
That was rocket speed, thanks! Few minor things on the list:
ATVI is gaming, there is a little omission in the description
C would be a copy/paste of BAC
HAS is something more people would know as a toy industry
If I was to add my 2 cents, JD / BABA / TCEHY / BIDU - these are the future of the emerging markets. IF TCEHY was on the list, thatās 20% of my portfolio straight away. Especially given the recent dip.
JD, BABA and BIDU all perfectly possible to add to the universe if there is sufficient demand. From very quick initial research (so donāt hold me to this) are all ADRs/ADSs of a Chinese parent and therefore not ISAāable (big ISA Eligibility blog post coming soon so no need to rehash here!).
TCEHY is a āfunnyā one in that it doesnāt appear to be accessible to us via our chosen US execution venue - this could simply be an oversight, however it looks (again, based on a few seconds of research) like we may be able to trade it on another exchange - primary listing seems to be ā700ā on Hong Kong. However, this would mean it wouldnāt be available when we go live with US stocks. Good news - it would therefore be ISAāable. Swings and roundabouts.
JD, BABA, BIDU and CTRP are not ISAāable because they are Cayman-listed VIE structures. Unlike most stocks where as an equity holder you have a claim in the companyās assets, you do not have the same rights in a VIE structure as you own a holding company. Jack Ma (founder of BABA) or Richard Liu (founder of BIDU) own different shares. Whilst you canāt own them in your ISA, a regular taxable portfolio is not an issue.
Tencent (700 or TCEHY) on the other hand is different and you own shares in the actual company. Pony Ma owns the same shares as other shareholders, including Naspers. 700 should be no issues when it comes to main exchanges, but I do know that TCEHY can be a bit funny (I remember I had to call a phone broker to trade that stock with HL).
Hello,
I would like to ask the Freetrade team: Do you have a mapped plan on when you will be implementing a full NASDAQ, NYSE, LSE & OTC trading? If you do not, can you give clarity on the main problems you face?
Thank you!
At present weāve not be overwhelmed with requests for ETFs such as this. As always weāll be guided by what our users want and if there is demand weāll certainly look into it. However, on quick inspection our US provider does not offer us the ability to trade ETFs such as the Alternative Harvest. As you know weāre kicking off with UK only stocks for now so if thereās a comparable on the UK market youāre interested in let me know.
I was thinking of something more like the GW Pharma ADR. Iām not versed in all the alternative ways you could replicate some exposure. My point was merely - if you know of some, let me know.
Thanks Rob for the quick reply. I quite like oil & gas but note mid tier players (Enquest, Faroe, Cairn, Premier etc) arenāt on them. I think AIM companies are interesting companies for growth as well so will be interesting if you guys can look into including those too.