We’ve been flat out the last couple of days, so apologies we’ve been a little quiet here on the forum.
Your support on threads like the one below, and many messages elsewhere, mean a lot to us and we’ve been sharing these with our team over the weekend on Slack.
Update ahead of market open on 1st Feb 2021
As @adam shared on Twitter yesterday, our team has been working this weekend to develop a solution to the capacity issues imposed on us by our partners.
We’ve made great progress on this big technical challenge, and wanted to let you know where we’re at.
Our plan is to enable trading on US stocks on a gradual, phased basis from market open, and monitor our platform performance before enabling more stocks.
We may need to temporarily close the market if there are issues.
Orders may be queued due to high demand, and they could be rejected at market-level due to the expected extreme volatility.
Please consider the additional risk involved in trading volatile stocks. Your capital is at risk.
Our US trading partner has informed us that it may need to temporarily halt trades in $AMC due to increased clearing risk. We will update here if/when the situation on this stock changes and if any other stocks are impacted.
To confirm, we aim to make sells available on all stocks, as we did on Friday. Buys will then be enabled on stocks gradually, with volatile stocks like $AMC in later stages of the rollout. We’ll share a list of available stocks when we have it, as we did on Friday.
We’ll share updates on Twitter and on here as soon as we have them.
We are doing everything we can to give you full access to the markets. We are on your side.
When you invest, your capital is at risk.