Hi,
When trying to buy a stock I get
“the maximum remaining quantity for long positions with this instrument is 0”
I understand what it means, but why is this done?
Hi,
When trying to buy a stock I get
“the maximum remaining quantity for long positions with this instrument is 0”
I understand what it means, but why is this done?
I think this occurs sometimes when you might have pending buy limit orders already set up.
I could be wrong - but i seem to remember this being the case.
This could be done due to several reasons. I think you might find this helpful:
Thank you for the link where the points below were listed
I’m still unsure, would the points above refer to trading212, or to the end client/end user?
Yes this morning’s big opportunities are limited to 0, yawn.
These points are correct, we are using risk management mechanisms to ensure proper trading conditions & company exposure which complies with the regulations.
Thank you,
would the points above refer to trading212, or to the end client/end user?
Would it not cause unfair trading, by allowing for example 0 buys vs 1000(plus) sells?
With the zero availability of buys, if all were to turn to sells would this hypothetically allow the stock price to go down?
I haven’t seen this on other trading platforms, but at the same time, some platforms, for example have removed trading for Wirecard (thank trading212 for still allowing this)
This is not a moan, more of a request to understand why it’s done? We know you can do it, as it’s outlined.
Which stocks are limited today?
I’m personally watching INO quickly climbing to 10% since opening an hour ago, I’ve seen others discussing Wirecard on another forum. Scanned a few other common volatile stocks earlier but unsure if they’re still restricted.
@Martin, do you know if limits are on an account level (so varying between accounts) or are at the instrument level?
I believe this on the instrument level
Would’ve thought so too. This thread made me query it - INOVIO’s Buy price
-edit: Potentially a cap at 500 shares? Haven’t seen this communicated anywhere but could explain it.
I think this refers to the spread, rather than quantity which I’ve raised here.
I believe here as you just edited, they may have limited the amount a person can buy. i.e each user maybe allocated a certain amount
Yes sorry, hijacked a bit, however see the later replies in that thread.
What is the current maximum traded quantity for bitcoin (BTC)? Is there anywhere I can access this information, either in the app or on the Trading 212 website?
I currently have 4.73 BTC and I can’t buy any more. I also have pending orders for 0.38 BTC. Are these pending orders considered when calculating the maximum remaining quantity?
Thanks! I used my Practice Account to figure out it was 3. Why was it as low as that?
@David, it seems that the maximum traded quantity for bitcoin (BTC) has been reduced again, but this time it’s only 1!
Can you set it back to 10 (or higher) again please?
Will you be increasing it again any time soon?