Stocks & ETFs requests - add here

📬 Stocks & ETFs requests
459

You’re searching through your ISA or your Invest, sorry?

460

Yup. This is correct. You can only contribute to one S&S ISA per year. But that ISA does not have to be in the same place at all times you contribute. So you could start off contributing here, ask them to move the ISA somewhere else and then continue to contribute to it in the new once it has been moved there.

1 Like
461

ah ok thanks I’ll look at alternatives who give access to hong kong.

I was searching for SE in ISA. Used to work as I held it and sold a few weeks ago. Wanted to buy back in on the dip but couldn’t.

462

Yes. I think it’s because the underlying asset doesn’t trade on a HMRC recognised exchange (Essentially unlisted), so can’t be held in a ISA.

@Finki (if not pissed :wink:) might be able to shed some light on this from a regulatory standpoint?

463

Could you please add Zomedica Pharmaceuticals Corp ticker symbol $ZOM :white_check_mark:

464

The duck speaketh the truth.

465

But I held it in ISA until just 7 days ago?

466

Yes, it’s recently come to the attention of Trading 212 that you shouldn’t have.

467

Hang on but it trades on the NYSE?

468

It’s an ADR.

As I said the underlying asset (i.e. the common stock) has to trade on a HMRC recognised exchange.

469

But so are JD, Nokia, Ericsson, Toyota etc. and they’re all fine?

470

Their common stock all trade on registered exchanges, I believe. Nokia, for example, trades on HEL (Nasdaq Helsinki).

471

So what you’re saying is because SE isnt (I think?) traded on the singapore stock exchange we cant hold it in an ISA? even though many already did, and many continue to?

472

That’s the one. SEA’s common stock is (I believe) traded over the counter. As such, we cannot hold its ADR in an ISA and shouldn’t have been able to before. You are correct in thinking that many (including myself) currently do. My plan is to wait and sit still until 212 tell me what they propose to do about it.

1 Like
473

Essentially yes.

It’s a big issue.

Hargreaves Lansdown had this issue in 2018 (with Baba and Tencent iirc). It took a while to unravel.

1 Like
474

what a crazy situation. very frustrating.

475

What could be the intention of the rule?

1 Like
476

No idea. You’d be be asking HMRC.

477

So one needs to have non isa account as well to invest in these stocks.

Also, these stocks are fine to be in ETFs?

478

Yes because you’re buying units of an ETF not the underlying holdings in this case.