yes it does 
thanks mate
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I have woke up to 2 decreases in my amount invested…
I can see there is 2 stock splits from apple and Tesla as deposits. But looks like my position in Tesla has been closed without m permission? Has this happened to anyone else?
It’s happened to everyone with fractional positions in Apple and Tesla, you have received your profits and it’s up to us to buy back in now if you wish.
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How many Tesla shares did you have?
By the way, it says you sent your message 16 hours ago, even though it’s listed after messages that were sent only 2 hours ago. Is that right?
I had five groups of shares originally:
0.3
0.7
0.5
0.5
0.5
I had initially hoped that T212 would aggregate this to 2.5 and then split based on that giving me 12 shares and the sale proceeds for 0.5.
What I can see though is that each group was split individually so I ended up with 10 shares and the sale proceeds for 2.5.
0.3 = 1 share
0.7 = 3 shares
0.5 = 2 shares
0.5 = 2 shares
0.5 = 2 shares
That certainly sounds odd, given this prior information that all positions would be aggregated. It will be interesting to hear from @Martin to explain. Did you hold these 5 positions in 5 different pies? His table may have assumed positions only in one pie.
Yes, this is certainly unexpected. I agree with your expectations.
Are you using CFD?
Does someone know when the price will be updated? I want to put in an order but for some illogical reason I want to wait until the price gets updated ^^
The price feed should update as soon as trading starts on Monday open.
Trading 212 will execute market orders at the best available price, so you should be good to put an order now which will be processed when the market opens at the new price.
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Thanks for the heads up! Forgot about that.
I’m concerned about the prices too. I posted this yesterday:
I don’t think it technically starts trading at the split price until the 31st, so the last price coming from the feed would have been the pre-split price. As soon as the market opens the updated price should come on the feed and sort itself out.
Can anybody confirm that all price-related settings have been suitably updated, such as stop loss, take profit, etc., in ISA, INVEST and CFD?
I set up all sorts of tests in my practice accounts but the practice accounts haven’t been updated. Will they be?
Also, has anybody else lost their pending orders for Apple and Tesla in CFD? Will they be restored? I didn’t have any in ISA/INVEST so I’m not sure if they’re affected.
The strange thing is that the Tesla price history in CFD seems to have been updated, but the price for the last minute (21:59) hasn’t.
For ISA/INVEST, it’s 21:00.
Actually it seems to depend what timescale you set.
I can’t figure it out. The graphs are behaving bizarrely and inconsistently. I can click on a timescale, select another, go back to the original and it looks different.
My charts for Apple and Tesla are a bit goofy right now, but I’m confident they will be sorted out quickly.
I’d only be guessing at why the close price wasn’t updated, but it might be as simple as the split doesn’t technically happen until the 31st, so that price is still the correct closing price and it will be updated when the split-price stock starts trading.
Yahoo finance and Google finance are both also showing pre-split prices, so it might just be standard practice or maybe there are regulatory reasons for it. I work with payments in my day job and there are some oddball rules at times that make you go wtf but you just have to go with them, and I’m sure accounting for stocks also has its fair share of them too.
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I have no idea how that happened with the post timings maybe a mod moved it?
I can’t remember how much I had and there is nothing in history that sufficiently explains like a normal buy and sell order.
I know I had 1 apple share and I know for certain I only had £100 quidish in that position. But apples price is still $499 / share and my Tesla position completely closed out.
Hi. Yes it would be CFD
Hi. They would have been bought at various times a few hours or days apart
That’s very disappointing. As far as I know, Trading 212 have never hinted that CFDs would be treated differently from INVEST and ISA.
However, I suspected that might be the case, so I set up some tests in my practice accounts. However, as I said earlier, the share split hasn’t been applied to them.
I’ve been trying to do the numbers myself, and probably spent more time than it’s worth, but I think I’m missing maybe £2.20…
This is to work out how my 0.3 tsla and 0.2 aapl have ended up in receiving 1 share and £68.58 for tsla, and receiving £12.49 for aapl:
| Pre-Split Shares | Cost | Split | Post-Split | To Sell | % to sell | Avg Cost | Received | Total Value £ | Calculated Sell Price £ | Exchange Rate | Calculated Sell Price $ | Post-Split Price | Diff $ | Missing $ | Missing £ | Diff % | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tesla | 0.3 | £288.84 | 5 | 1.5 | 0.5 | 33.33% | £96.28 | £68.58 | £164.86 | £329.72 | 1.335 | $440.18 | $442.12 | $1.94 | $0.97 | £1.30 | 0.44% |
| Apple | 0.2 | £61.88 | 4 | 0.8 | 0.8 | 100.00% | £61.88 | £12.49 | £74.37 | £92.96 | 1.335 | $124.10 | $124.95 | $0.85 | $0.68 | £0.90 | 0.68% |
If i set the exchange rate to 1.34 it almost zeroes the diff, but I dont think the rate has been that high recently. Would be good to know what actual split prices and exchange rates were used.
Have I missed something obvious?