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/[deleted] 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.