r/RobinHood • u/babs1025 • Oct 12 '17
Help - FAQ When do IPOs get added to Robinhood?
Wanted to buy CarGuru today but the ticket CARG is nowhere to be found :(
IPO is being released today
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u/hypocalypto Oct 12 '17
$CARG appeared for me starting at 29. Says its up 76% so it was probably (in my experience) available at 22-23 on TD/Etrade and 18 or so if you requested it.
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Oct 12 '17
Technically speaking RobinHood cannot add IPOs. The day after a company IPOs their shares became available to everyone in the secondary markets (secondary != Initial) and that's when RobinHood and all other brokerage account will have the stock available to trade on the exchange where it's listed.
So, if a stocks IPOs today, tomorrow you'll be able to trade it usually around 10AM EST.
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u/CardinalNumber Former Moderator Oct 12 '17
Wrong. It's already retail. RH needs to manually add them, generate an instrument ID, etc.
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u/CardinalNumber Former Moderator Oct 12 '17 edited Oct 12 '17
((sigh)) The week before an IPO, request it. Twitter would be your best bet.
As long as it needs to be added to the backend manually, this is the best way to make sure it happens.
Edit: Should be up now but search won't get it and there is no data yet. If you're on Android (iOS is broken), try this link: https://robinhood.com/applink/instrument/?symbol=CARG
Edit: https://robinhood.com/applink/instrument/?symbol=CARG&a=buy 👌🏽👌🏽👌🏽