Thank you @Martin for your prompt response, however I have to say I fail to see the issue with Tesla at this point in time. Could you possibly elaborate on what the issue here specifically is so it is clear to myself and everyone else? From an outside perspective, Tesla market seems completely ‘normal’ with no wild swings, strange volume activity, or otherwise.
There’s no issue here. The maximum long quantity has been lowered to 0.1 due to control of exposure. I think you might find the text below for helpful:
Maximum trading quantities for both long and short positions are subject to immediate change, without prior notice. It can depend on multiple factors such as:
Underlying market conditions - which include insufficient liquidity and unfavourable trading conditions.
Control of exposure
If you see the following message while trading "The maximum trading quantity is “0”, the reason will be a restriction for maximum traded quantity, which applies for some instruments and it can be dynamically variable over time.
Last but not least, Brokers have maximum exposures that they mustn’t exceed due to regulations & capital requirement laws. We can’t just accept unlimited orders for unlimited amounts anytime we’d like, especially with stocks that are almost impossible to hedge.
Yep, could not buy anything at all - no crypto (I know they are ending this on here), no nio, nothing. All whilst the prices had all dropped so wanted to buy back in. Not the greatest. Contacted the help team and got the response they can vary stock availability etc
Really feels like T212 dropped the ball in this one. Can imagine a number of customers packing off elsewhere. A pity really as T212 was doing really well until this point. News spreads and it will likely take some time to earn people’s trust again. As for me, looks like Forex and ISA going forward, unless of course something there too inexplicably gets messed up.
Dear @Martin, @David , can you tell me when it is possible again to place orders. Like this a cfd account doesnt have any use. Because i cannot buy anything for days now. Do i have to put more money in my account (4/5 is free en only 1/5 is blocked). How long will this stay like this?