Preference Shares?

Are there any plans to introduce preference shares to the platform, as tradable instruments?

Thinking specifically about ticker symbols:

ARC Document Solutions (ARC),
Aviva (AV),
BP, Bristol & West (BWSA),
Bristol Water (BWRA),
Cummins (CMI),
Ecclesiastical Ins (ELLA),
General Accident (GACS),
Investec (INVR),
Lloyds Banking Group (LLPE, LLPC & LLPD),
Nat West (NWBD),
National Electric (NTEA),
REA Holdings (RE),
Raven Property (RAVP),
RSA Insurance (RSAB),
Santander (SAN),
Standard Chartered (STAB).

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@dispero Yes, we do have the ability to add preference shares. We’ll attend to these once we go through the stock requests backlog.

@dispero All of them will be live tomorrow after EU markets open.

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Thanks for adding the preference shares so quickly.

A number of them appear not to be working, or not yet appearing. They are:
National Westminster Bank NWBD
Lloyds 9.75% PRF LLPD
Lloyds 9.25% PRF LLPC
Lloyds 6.475% PRF LLPE
General Accident GACB
Raven Property Group Limited RAVP
Bristol Water ‘A’ BWRA

@dispero BWRA is the only one that we won’t be able to have. I’m afraid we’ll be having a lot of order execution issues there.

RAVP & GACB are now working while the rest - NWBD, LLPD, LLPC & LLPE will probably take a while longer. We’re about to switch data feed providers & once that happens, we’ll have them up & running.

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No worries. Cheers mate.

Hi

Any update on availability of:

Lloyds 9.75% PRF LLPD
Lloyds 9.25% PRF LLPC
Lloyds 6.475% PRF LLPE

At the moment, orders for these instruments are being automatically rejected.

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@dispero We still haven’t fully switched data feed providers yet - that’ll probably happen in about a month.

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Hi any update on this? Preference shares look like a good buy

With Rea I assume we’re talking RE.B? I would like to get my hands on that one too. I paid another stockbroker’s hideous fees to get a bunch of pref shares.

Hi,

I bought the IAG preference shares but when I look on my account it says I still own the same amount of shares? When will they be distributed?

Ugh. I wish I knew this had happened. The stock price for RE.B has rocketed.

Is there any update on when the following preference shares will be added?
National Westminster Bank NWBD
Lloyds 9.75% PRF LLPD
Lloyds 9.25% PRF LLPC
Lloyds 6.475% PRF LLPE
Raven Property Group Limited RAVP

Hi David. Still no update on this?

The above suggestions are listed on a segment that IB doesn’t have access to, @dispero, SSX3 - to be precise. Thus, I’m afraid we won’t be able to go ahead and add them to the platform, at least not for the time being. If anything changes, I’ll make sure to let you know right away.

Happy Community Anniversary, by the way :partying_face:

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Any chance of adding General accident 7 7/8 GACB?

GACA is available but not GACB

We’ll see what we can do about that. Let me forward the request for review and I’ll update you once I’ve got more info :ok_hand:

roughly how long does it usually take for you to process requests?

Hey, @Rich110 :wave:

We’re adding new instruments on a first-come, first-served basis. The time frame depends on the number of requests, and we’re doing our best to update them asap :v:

Quick update, @Rich110. The instrument doesn’t meet the necessary eligibility criteria. so we won’t be able to add it.