It seems a little odd that thereās currently no ETF on Freetrade tracking the stock market of the largest economy in Europe.
The Xtrackers DAX UCITS ETF is the largest-volume FCA-recognised DAX ETF with UK Reporting status, so presumably the obvious choice to be added to Freetradeās catalogue.
This request does raise an interesting question with respect to Freetradeās European expansion howeverā¦ Would Freetrade in future offer both the GBX-denominated version of this ETF that is listed on the London Stock Exchange, and the EUR-denominated version listed on, eg, the Stuttgart Stock Exchange? I guess the same question arises for, eg, the STOXX ETFs already on the platform.
EDIT : Scrap that! Volumes look low and generally low via any trading facilityā¦but the LSE looks weak tooā¦ so youāll likely NOT see FT get this one on board as the 4pm batch trade is liable (how? I donāt understand) to fail (with the usual level of customer annoyance). Yet at over Ā£100 share price and minimum market maker quotes on the order book at 450 shares that gives the batch a window of nearly Ā£50k before it breaches the likelihood of automated execution. So long as FT have a decent few Market makers on the end of their electronic orders then it really should executeā¦butā¦heyā¦ this has appeared to be a problem. All hail the āInvest Platformā. That shall resolve all. Hurrah.
What would the definition of ālowā be? I can certainly see other ETFs in the Freetrade catalogue that have similar trading volumes to this one on the London Stock Exchange.
The volumes of this particular ETF on Xetra are an order of magnitude higher than on the LSE (unsurprisingly, though I know that doesnāt help right at this moment).
I just donāt see why the volumes being low matters. If Freetrade feel an end of day order will not work then they can prevent all orders except instant (or below a certain size).
@hrochfor1 How much shit would they get though for not putting through basic orders?
Scenario: last thing on a Friday itās not executed for a user and they complain on the forum all weekend. Not only about their situation but FT and itās staff. I can foresee it
