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Reorganizing Brokers and Hedge-Funds to Institutions Directory

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Most of you are helping the GME shorts and you don't even know it
=================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/CalamariAce](https://www.reddit.com/user/CalamariAce/)| [Reddit](https://www.reddit.com/r/wallstreetbets/comments/l2n5wv/most_of_you_are_helping_the_gme_shorts_and_you/) |
---
[DD](https://www.reddit.com/r/wallstreetbets/search?q=flair_name%3A%22DD%22&restrict_sr=1)
Since many of you are looking at new brokers, it's a good time to see which ones allow you to opt-out of share lending. Some brokers (cough Robhinhood) will happily loan out your shares to people who want to short stocks you own. Did I mention the gobs of money they make doing this?
The following table compares the *fully-owned* share lending programs offered by brokers, if any:
| Broker | *Fully-Owned Share Lending* |
| --- | --- |
| Ally Invest | #3: Enrolling in Ally's [Securities Income program](https://www.ally.com/invest/self-directed-trading/securities-income-program/) requires meeting certain requirements and completing an opt-in form. You need to make a call to Ally to unenroll. |
| Avanza | #2a: Their website says that "[Everyone is included automatically](https://www.avanza.se/konton-lan-prislista/konton/kapitalforsakring/aktielan.html)", with an option for manual [opt-out](https://www.avanza.se/min-profil/installningar/aktielan.html) of the program. However, [/u/Snelsel](https://www.reddit.com/u/Snelsel/) reports that "lending only applies to those who have capital insurance activated. Capital insurance is not active by default. I called them and it did not apply to my "aktiedepå-konto". As per their website it is also clear that the receiver is Morgan Stanley. There are several prerequisites for the loaning to happen. One being that Avanza Pensionsfonder is trading the stocks you happen to own." And [/u/Insani0us](https://www.reddit.com/u/Insani0us/) reports that share lending "only applies to Kapitalförsälringskonton and not ISKs". |
| BinckBank (SaxoBanck group) | No info submitted. Feel free to contact your broker, and I will add here any info they provide you! |
| BM mBank via KBC broker (Polish) | #5: [/u/Lamatotalna](https://www.reddit.com/u/Lamatotalna/) reports no fully-owned share lending program |
| BMO (Bank of Montreal) | #5: Their client agreement allows for BMO to lend/borrow shares without explicit authroization from the user, "so long as any Obligations to BMO InvestorLine exist." In other words, they can loan your shares but only if you had a negative margin balance (i.e. using money borrowed from the broker). |
| Bolero (Belgium) | #5: [/u/kama5638](https://www.reddit.com/u/kama5638/) reports no fully-owned share lending program |
| capital.com | #2b: [/u/Obvious-Elk8708](https://www.reddit.com/u/Obvious-Elk8708/) provided the reply from capital.com support, "We kindly note that trading on Capital.com you don't own real shares." capital.com uses [CFDs](https://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp); the underlying shares can be loaned out since you don't own them to begin with. |
| Comdirect | #5: [/u/FpoonSpork](https://www.reddit.com/u/FpoonSpork/) reports no fully-owned share lending program |
| Commsec | #5: [/u/MikeOxxxmal](https://www.reddit.com/u/MikeOxxxmal/) reports in a conversation with support that Commsec shares "are not and will not" be lent out. |
| Degiro | #1: Share are lent if you have a "basic account" plan. You can avoid this by using a "custody account" instead. The account type cannot be converted, so you need to create a new custody account and then transfer funds over. NOTE: According to a customer service email received by [/u/LeftyLuke-87](https://www.reddit.com/u/LeftyLuke-87/), "... share lending at DEGIRO is only internally possible and that it is not possible to lend American stocks. [If] your only position is in Gamestop, making a Custody account will not make a difference." |
| eToro (US) | #2a: Share lending is the default. You can file a support request to opt-out. You need to be firm with them about it, as they will try to convince you not to disable it (it's a big money maker for brokers) |
| eToro (UK, Slovenia) | #5: [/u/Ed_Fire](https://www.reddit.com/u/Ed_Fire/) reports a reply from eToro UK support: "eToro does not currently engage in securities lending. However, we may decide that this is the appropriate action to take in the future. Please note that, should we decide to go in this direction, it will not be possible to opt out of this process." |
| eTrade | #3: eTrade will give you 50% of share-lending proceeds if you opt-in to their [Fully Paid Lending program](https://us.etrade.com/what-we-offer/our-accounts/fully-paid-lending). However, they will loan out your margin account shares regardless of your participation in this program. The only difference is whether you're getting paid 50% or not. So you should either opt-in, or downgrade to a cash account to prevent shares from being lent. |
| Fidelity | #4: Fidelity will loan out your securities if you have options level 3 or 4 trading permissions. You can phone them at 800-343-3548 and tell them not to lend specific shares (or all shares), which will take effect after a 3-5 day adjudication process and may or may not result in downgrading to level 2 options trading level. (Other uses report success using [Live Chat](https://chat.fidelity.com/ftgw/chat/guest/login_page?verror=yes))Fidelity also has a [Fully Paid Lending program](https://www.fidelity.com/trading/fully-paid-lending) which will allow you to profit from lending your shares, but you need an account value >= 250k to be eligible. |
| Freetrade | #5: [/u/ancientgreenthings](https://www.reddit.com/u/ancientgreenthings/) reports no fully-owned share lending |
| Hargreaves Lansdown | #5: [/u/No_Run3357](https://www.reddit.com/u/No_Run3357/) reports no fully-owned share lending program |
| IG (UK) | In conversation with IG support, [/u/whiskyteats](https://www.reddit.com/u/whiskyteats/) reports that IG does not lend shares. |
| Interactive Brokers | #3: IB's [Stock Yield Enhancement program](https://www1.interactivebrokers.com/en/index.php?f=46942) can be found under Settings --> Account Settings on their website (last item on right-hand pane). Default opt-in when you signup with them with a margin account. However, a credible individual also reports that "IB reserved the right to lend the stock", regardless of whether you opt-in to the Stock program to receive your cut. You cannot disable this, at least for IB users trading in Germany. This may or may not apply to other countries too, we don't know at this point. |
| J.P. Morgan Chase Self-Directed (formerly You Invest) | #5: "Margin trading is not available on Self-directed accounts so your securities are not lent out and do not participate in any lending programs." JP Morgan reply reported by [/u/terholan](https://www.reddit.com/u/terholan/) |
| M1 Finance | #2b: M1 [loans out your shares](https://www.m1finance.com/blog/how-m1-makes-money/). You are auto enrolled unless you email <support@m1finance.com> and request to Opt Out of their Securities Lending Program. |
| Merrill Lynch | #3: Merrill appears to offer a [Securities Lending Program for margin accounts.](https://www.seclending.ml.com/) No info yet on their opt-in / opt-out policies. |
| Nordnet (Sweden) | #2a,3: [/u/cornersafe1](https://www.reddit.com/u/cornersafe1/) reports that "If you have a "investment account Zero / IKZ", you have to [OPT-OUT](https://www.nordnet.no/no/tjenester/kontoer/investeringskonto-zero/utlan-aksjer)". Nordnet also offers a separate [stock lending program](https://nordnetab.com/stock-lending-program-give-the-savers-additional-return/) which is only enabled when you opt-in, but this only applies to [lending out Nordic shares](https://www.nordnet.se/se/marknad/aktier/aktielaneprogrammet) per [/u/Sparrowy](https://www.reddit.com/u/Sparrowy/). |
| OnVista | "They never lend out your shares" according to a user who spoke to onvisa support. |
| Qtrade | #5: No fully-owned share lending program per [/u/crscrs5](https://www.reddit.com/u/crscrs5/) conversation with Qtrade support. |
| Questrade | #5: ~~One Canadian user reported that Questrade loans out their shares regardless of account type, with no way to opt-out~~. Multiple other users have reported conversations with Questrade that fully-owned shares are not loaned out. [Conversation with Questrade support](https://imgur.com/i5SjED9). |
| Public.com | #2a: [/u/salientecho](https://www.reddit.com/u/salientecho/) reports that public.com has "fully paid securities lending turned on by default for cash accounts and do not have an in-app setting to change it" and that "you must contact customer support to opt out." |
| RBC Direct | #1: [/u/bethebenoodle](https://www.reddit.com/u/bethebenoodle/) called RBC and was told that shares shouldn't be lent out with TFSA or with cash accounts. No info about how fully-owned shares are treated in margin accounts. |
| Revolut | #5: [/u/polenta2025](https://www.reddit.com/u/polenta2025/) and [/u/robertino129](https://www.reddit.com/u/robertino129/) reports that this broker does not lend shares. |
| Robinhood | #1: The [RH website](https://robinhood.com/us/en/support/articles/how-robinhood-makes-money/) says it makes money by loaning your "margin securities". Switching to a Cash account should prevent this. They also loan shares bought on instant-deposit and shares purchased with unsettled funds. |
| Saxo | #5: [/u/Jaded_Voice6422](https://www.reddit.com/u/Jaded_Voice6422/) reports no fully-owned share lending program |
| Schwab | #3: [Security Lending Fully Paid Program](https://client.schwab.com/secure/file/P-5182696/MKT33373-05.pdf) (SLFPP). Some users reported they were opted-in by default, but you should be able to opt-out if desired. |
| SoFi | #1/2a: Your Active Invest accounts may be involved in securities lending. If you didn't buy the shares on margin, call SoFi at 855-525-7634 and ask to opt-out of securities lending for your fully-owned shares. |
| Stash | #3: Stash offers a [securities lending program](https://learn.stash.com/securities-lending) which you can opt-in or opt-out of as desired |
| Swissquote | #5: [/u/Arduou](https://www.reddit.com/u/Arduou/) reports in a conversation with support that they do not lend shares. |
| Tastyworks/TastyTrade | #1: Conflicting user reports. Some users report Tasty only loans shares bought on Margin just like TDA. Others are reporting that Tasty will loan out your shares in a margin account, regardless if they were bought on margin, and that downgrading to a Cash account is the only option to stop lending, and that you can do this by filling out an "[Internal Transfer Request](https://assets.tastyworks.com/production/documents/internal_transfer_request.pdf)" form, and submitting it to <accounts@tastyworks.com> |
| TD Ameritrade | #5: No fully-owned share lending program |
| Tiger Brokers | No info submitted. Feel free to contact your broker, and I will add here any info they provide you! |
| TradeRepublic (Germany) | Multiple users reporting that TR does not lend shares. |
| TradeStation | #3: [/u/whaddupmonica](https://www.reddit.com/u/whaddupmonica/) reports in a conversation with support that shares can only be loaned "in equities accounts that are enrolled in fully paid lending". This appears to be disabled unless you deliberately enroll in their share lending program. |
| Trading 212 | #1: [/u/KingSkegness](https://www.reddit.com/u/KingSkegness/) reports that share lending opt-out is not possible for Invest accounts, but is supported for ISA accounts. |
| US Bancorp Investment Management | [/u/skrimskram](https://www.reddit.com/u/skrimskram/) reports on a call with US Bancorp that "they don't lend out shares/securities unless you have a margin account. If you do have a margin account, then I believe share lending needs to be authorized." |
| Vanguard | #5: No fully-owned share lending program |
| Wealth Simple | #5: No fully-owned share lending program |
| Webull | #2a: Webull loans out your shares, regardless whether you have a Margin or Cash account. You can opt-out on the Webull app under Settings --> Account & Security --> Brokerage Account --> More --> Stock Lending Income Program --> Exit |
Reasons you might want to disable your share lending settings include:
1. You don't want to lend your shares to people trying to short your stocks
2. You think the person/entity loaning your stock may not return them
3. You're not being compensated well enough (or at all) for putting your stocks at risk
These programs are complex and highly variable depending on your broker. Without getting into all the details now just now, you should be aware of the most common types of lending:
- Brokers reserve the right to lend out securities bought on margin (in other words, with borrowed money from your broker). To avoid this type of lending, don't buy stocks on margin. As far as I know, this is the case for all brokers that offer margin accounts. (However if you have explicit confirmation to the contrary from your broker, feel free to provide it here!)
- Same deal with unsettled trades. Your broker will loan out shares you bought until they are required to "really" deliver them to you at settlement 3 days layer, which also applies to cash accounts. Additionally, your broker can lend out shares purchased with unsettled funds in a margin account. You can only minimize this by trading less (in the first case) and not trading with unsettled funds (in the second case).
- Most brokers can ALSO lend out your fully-owned shares. Brokers will do one of the following:
1. Lend out fully-owned shares purely based on the type of account or level of trading permissions you have (e.g., Margin account type). The only solution in this case is switching account and/or trading permission types. Example: Degiro
2. Lend out fully-owned shares regardless of account type (even Cash accounts).
1. Some brokers allow you to opt-out. Example: Webull
2. Some brokers do not allow you to opt-out. Your only recourse to avoid lending is switching brokers. Example: M1 finance
3. Lend out fully-owned shares in a Margin account, and giving you a portion of the profits. These programs vary widely in the way they work. Some require account minimums (Fidelity requires 250k+ account), or will only loan domestic shares (e.g. Nordnet), among other caveats.
4. Some combination of the above
5. None of the above (i.e. no lending) Example: TDA, Vanguard
So yeah, every broker does it differently. The numbered scenarios here are referenced in the table above. The table only addresses fully-owned share lending, because the ability for your broker to lend your shares bought on margin is (as far as I know) the same with all brokers.

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# Weekend GME Thread + Homework for all: Let's stop using brokerages that halted trading
| Author | Source |
| :-------------: |:-------------:|
| [u/CriticDanger](https://www.reddit.com/user/CriticDanger) | [Reddit](https://www.reddit.com/r/stocks/comments/l8rhr3/weekend_gme_thread_homework_for_all_lets_stop/) |
---
Hello all,
Let's use this thread to discuss the GameStop situation this weekend, please don't open new threads about it unless it is a unique perspective or brings very valuable information.
Do note, posts and comments are still restricted to users with a higher Karma and account age.
Important information
---------------------
First, let's get some things out of the way:
- The short squeeze has not squoze yet, short interest estimates are still extremely high, I won't post the sources and encourage you to search for it yourself.
- The gamma squeeze has not happened, it may happen Monday, it may happen gradually, it may not happen (if their positions have already been covered), it isn't necessary for anything to happen, however.
- The establishment is still lying about many things for the purpose of market manipulation (Jim Cramer, CNBC, etc.). These people are SOLD. Read Canadian news channels regarding the situation, they are much less biased!
- Google and Apple and removing negative reviews from bad brokers from their app stores, put a calendar reminder in 2-6 weeks to add your review at that time, instead of now.
* * * * *
Let's make a list of the Brokers that restricted the purchasing of specific tickers
-----------------------------------------------------------------------------------
The worst thing that happened this week were the restrictions that our brokers put on buying specific tickers. This, obviously, affected the stock market, tanked those tickers, and significantly reduced our trust in the institutions at hand.
Now, I'm aware the reasons for this are complicated, we know that for many of them, they were forced to restrict these tickers by their Clearing Houses (Apex being the main one), we don't exactly know why, or whether that is legal or not, however.
One thing for certain, the communication by the brokers and clearing houses was very, very, very bad. This, in turns, significantly harmed the public's trust in them, as well as the institutions in charge of regulating this.
Here is my list, please comment below and let me know which ones I've missed:
### Horrible Brokers - Restricted purchasing of certain tickets and lied/gloated about it
- Robinhood - [Now Blocking 50 Equities](https://seekingalpha.com/news/3656437-robinhoods-50-stock-limit-list?mail_subject=bb-ino-robinhood-s-50-stock-limit-list-with-spacs-makes-mass-exodus-likelier-alpha-tactics&utm_campaign=rta-stock-news&utm_content=link-73&utm_medium=email&utm_source=seeking_alpha) - [CEO lying saying they have no liquidity issues, 1 day before getting a 1 billion bailout](https://www.youtube.com/watch?v=6fs_lyGn4YA) - [Join the lawsuit against them if you were affected](https://robinhoodgamestopclassaction.com/)
- Interactive Brokers (US/CAN) - [Display visible contempt for Retail traders, wants GME to go to 17 before re-enabling trading](https://www.youtube.com/watch?v=7RH4XKP55fM) - [Blocked Trading212, as their acting intermediary](https://www.financemagnates.com/forex/brokers/trading-212-blames-interactive-brokers-for-trade-execution-delay/)
- E-Toro - [Proof](https://markets.businessinsider.com/news/stocks/robinhood-webull-m1-reopen-gamestop-stock-trading-2021-1-1030019926) - [Forced stop-losses](https://www.etoro.com/posts/0__entry__df95e7f0-1772-4ec7-a271-69b13ca229dd?utm_medium=Direct&utm_source=55714&utm_content=0&utm_serial=SocialSharePostcopyLink_918269&utm_campaign=SocialSharePostcopyLink_918269&utm_term)
### Bad Brokers - Restricted purchasing of certain tickers
- E-Trade - [Proof](https://www.theverge.com/2021/1/28/22254863/etrade-gamestop-amc-stock-reddit-wallstreetbets-robinhood)
- Ally - [Proof](https://www.wsj.com/articles/online-brokerages-restrict-trading-on-gamestop-amc-amid-frenetic-trading-11611849934)
- Public.com - [Proof](https://techcrunch.com/2021/01/28/webull-and-public-remove-restrictions-on-memestocks-after-citing-trade-settlement-firm-as-the-cause/)
- Merrill Edge - [Proof](https://www.streetinsider.com/Momentum+Movers/Merrill+Edge+said+to+have+put+restrictions+on+trading+in+AMC+Entertainment+%28AMC%29%2C+GameStop+%28GME%29/17879212.html)
- IG Broker - [Proof](https://finance.yahoo.com/news/gamestop-amc-uk-trading-platform-163546937.html)
- Trade Republic - [Proof](https://www.tellerreport.com/business/2021-01-29-%0A---trade-republic-and-gamestop--patronizing-investors-%0A--.BJNYXthWl_.html)
- Webull - [Admitted they were forced to by clearing firm](https://finance.yahoo.com/news/we-bull-ceo-explains-why-trading-was-restricted-amid-the-game-stop-market-mania-172539318.html) - [Clearing firm is Apex](https://www.youtube.com/watch?v=4RS4JIEVyXM&feature=youtu.be) - They'll be moved to neutral once they publicly confirm Apex was sole reason the trades were restricted.
- Stake - [Proof](https://hellostake.com/au/stake-updates/understanding-trading-suspensions/)
- Trading212 - [Proof](https://inews.co.uk/news/business/gamestop-uk-trading-robinhood-trading-212-gme-stock-restricted-legal-action-850465) - [re-enabled, caused by intermediary](https://twitter.com/Trading212/status/1355074914202628098) - [Intermediary is IB](https://www.financemagnates.com/forex/brokers/trading-212-blames-interactive-brokers-for-trade-execution-delay/) - [Restricted purchasing of other securities previous](https://community.trading212.com/t/gold-buying-restricted-in-larger-quantities/27987) - Based on them restricting securities before this, and countless complaints regarding other restrictions, I've put them back in the bad list.
### Neutral Brokers - Restricted trading, publicly naming their intermediary
- Freetrade - [Proof, blames Barclays](https://www.cnbc.com/2021/01/29/gamestop-saga-uk-trading-app-freetrade-halts-purchases-of-us-stocks.html) - [CMO Interview](https://www.youtube.com/watch?v=V76UGdYAdcI&feature=youtu.be) - [CMO Tweets](https://twitter.com/v18n/status/1355258696885030915?s=19)
- M1 Finance - [Proof](https://markets.businessinsider.com/news/stocks/robinhood-webull-m1-reopen-gamestop-stock-trading-2021-1-1030019926) - [Blames Apex Clearing](https://twitter.com/m1_finance/status/1354837064072753152)
- Tastyworks - [Proof, blame Apex Clearing](https://twitter.com/thetastyworks/status/1354879706991128578)
- Stash - [Proof, blamex Apex Clearing](https://twitter.com/Stash/status/1354839916761518083?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1354839916761518083%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.newsweek.com%2Fwebull-blocks-gamestop-amc-transactions-stock-market-robinhood-1565172)
- TD Ameritrade/Canada - [Proof](https://www.cnet.com/news/reddits-amc-and-gamestop-stocks-swing-wildly-after-robinhood-td-ameritrade-restrict-trades/) - [Proof2](https://www.cbc.ca/news/business/robinhood-gamestop-1.5891363) - (Margin requirements increased, Covered call and short put orders may only be placed with a broker and support times are > 2h, other trades restricted) - Neutral because they didn't restrict the purchase of stocks with cash.
- Revolut - [Proof](https://www.financemagnates.com/forex/brokers/gamestop-buyers-suffer-another-setback-as-revolut-bans-trading/) - Blames DriveWealth LCC
### Good Brokers - Did not restrict trading
- Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.)
- Most European Brokers (Swissquote, TradeStation, Degiro)
- Fidelity
- Vanguard
- WealthSimple (CAN, US)
- Schwab (Margin requirements increased)
- You Invest (JP Morgan/Chase)
- Capital.com
- Wells Fargo - [allowed trades but banned its advisors from talking about GameStop](https://www.barrons.com/articles/wells-fargo-blocks-advisors-from-recommending-gamestop-amc-51611870929)
- Nordnet
- Citibank
* * * * *
### Note regarding the clearing houses
The first step is to know why brokers restricted the trading. The second step is to investigate what happened with the clearing houses. Currently, the following clearing houses seem to have had the most issues:
- Apex Clearing
- Barclays
- IKBR
We don't know if these firms acted maliciously (protecting themselves before protecting the free market), or because they literally had no choice. If the former, they need to be punished. If the later, then laws need to change. EITHER WAY, something needs to change, this post is merely here to put attention on the problem, I don't claim to have the solution.
Additionally, there needs to be open communication about this issue, currently, they are not saying anything on social media regarding this. Once they do, I'll update this post with it.
Note: /r/ THICC_DICC_PRICC tried to explain this in some detail [here](https://www.reddit.com/r/stocks/comments/l90an8/an_explanation_of_what_caused_the_trading_halt/). I cannot attest to the accuracy/validity of his explanation, feel free to discuss that on his post.
* * * * *
We might keep this information on the sidebar...forever. Please help me build this list to completion. If you are using a broker in the bad list, even if you are not invested in the tickers that have been restricted, please consider moving to a better broker.
Thank you all for your patience, we are sorry new members are not able to comment yet, we promise you will be allowed to once this is over!

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HUGE: Citadel is paying for Order Flow from NINE ONLINE BROKERS- not just Robinhood!
====================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/atobitt](https://www.reddit.com/user/atobitt/) | [Reddit](https://www.reddit.com/r/GME/comments/mbgsl8/huge_citadel_is_paying_for_order_flow_from_nine/) |
---
[News](https://www.reddit.com/r/GME/search?q=flair_name%3A%22News%22&restrict_sr=1)
*EDIT: Updated info at bottom*
I hate rewriting a post that is already perfect, but Reddit's spam filter is now removing all references to WallStreet on Parade... the fight is REAL..
[![r/GME - HUGE: Citadel is paying for Order Flow from NINE ONLINE BROKERS- not just Robinhood!](https://preview.redd.it/trc6ald5mso61.jpg?width=918&format=pjpg&auto=webp&s=09c24bc08923d7acd4f91553cace984a6d0835df)](https://preview.redd.it/trc6ald5mso61.jpg?width=918&format=pjpg&auto=webp&s=09c24bc08923d7acd4f91553cace984a6d0835df)
Anyway, the header says it all. Citadel is literally buying your positions from nine online brokers. I've taken the links and embedded them here. Please take time to read the OP from Wallstreet on Parade.. it's INCREDIBLE.
[Robinhood](https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%20Rule%20606a%20and%20607%20Disclosure%20Report%20Q4%202020.pdf)
[E*TRADE](https://content.etrade.com/etrade/powerpage/pdf/q4-2020-606a.pdf)
[TD AMERITRADE](https://www.tdameritrade.com/retail-en_us/resources/606_disclosure/tdac-TDA2054-q4-2020.pdf)
[Charles Schwab](https://content.schwab.com/drupal_dependencies/psr/606/2020-Q4-Schwab-Quarterly-Report.pdf)
[Webull](http://public.s3.com/rule606/webull/) (download the zip file for Q4 2020)
[Ally Invest](https://www.ally.com/resources/pdf/invest/order-routing/4th-quarter-2020-606-report.pdf)
[Firstrade Securities](http://d4l0yihtmj3iw.cloudfront.net/forms/en-us/routing_reports/routing_report_2020q4.pdf?v=20210201)
[Fidelity](https://clearingcustody.fidelity.com/app/literature/item/9901330.html) (routing stock & options orders, but only being paid for options, thanks Fidelity...)
[TradeStation](https://uploads.tradestation.com/uploads/2020-Q4-SEC-Rule-606-607.pdf?_gl=1*c1pknc*_gcl_aw*R0NMLjE2MTIzOTE4NjIuRUFJYUlRb2JDaE1JOHB2VTR1TE83Z0lWQ0w3QUNoME9SQWpZRUFBWUFTQUFFZ0xDZlBEX0J3RQ) (won't let me paste the link. Google
What does this mean? After you buy $GME, do not place limit orders signaling where you're comfortable buying and selling, quit placing stop losses, stop everything. This immediately notifies market makers where your 'trigger' points are.
Just. F*CKING. HODL
Keep them in the dark.
Not financial advice.

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How to set a high sell limit for your shares (With Pictures) showing how to do it
=================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/BellaCaseyMR](https://www.reddit.com/user/BellaCaseyMR/) | [Reddit](https://www.reddit.com/r/GME/comments/mjl5r0/how_to_set_a_high_sell_limit_for_your_shares_with/) |
---
[DD 📊](https://www.reddit.com/r/GME/search?q=flair_name%3A%22DD%20%F0%9F%93%8A%22&restrict_sr=1)
Added pics for fidelity --See Edit #3 below *(fidelity only allows these orders to placed during trade hours but once done will be in the system)*
I have seen where many people are upset they can not put in a sell order for 1,000,000.00 or whatever per share
On a regular trade order my broker (td ameritrade) wont let you put the price very high either BUT if you go in and do a *"Conditional Contingent TRIGGER Order"* you can set a very high sale price.
This is for TD Ameritrade but it also works in Fidelity and I am sure most brokers. The tabs at your broker may be a little different but this will give you an idea
Step One: Go to Trade tab and go down and click on CONDITIONAL
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/sa3v3uq5s1r61.jpg?width=1340&format=pjpg&auto=webp&s=02533d71c5458598492f5dfb7804959746c0db77)](https://preview.redd.it/sa3v3uq5s1r61.jpg?width=1340&format=pjpg&auto=webp&s=02533d71c5458598492f5dfb7804959746c0db77)
Trade Tab Td Ameritrade
Step #2 -- Under "Condition" select "Contingent order (Trade Trigger)"
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/iygszqdzx1r61.png?width=896&format=png&auto=webp&s=c0467f2f6463bf192b8b0b9487c1584e2da6b11b)](https://preview.redd.it/iygszqdzx1r61.png?width=896&format=png&auto=webp&s=c0467f2f6463bf192b8b0b9487c1584e2da6b11b)
Step #3 -- Fill out the "Condition Section" that will trip the TRIGGER
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/00mptik4w1r61.jpg?width=1752&format=pjpg&auto=webp&s=9c5db1aecc7607e47322e71858f67fd59698006c)](https://preview.redd.it/00mptik4w1r61.jpg?width=1752&format=pjpg&auto=webp&s=9c5db1aecc7607e47322e71858f67fd59698006c)
Step #4 -- Fill out the ACTION section (what you want to happen if trigger is tripped)
*NOTE the circle date. If you want the order to last (up to six months) make sure you change this date to match the date above. For some reason, at least with TD Ameritrade even if you select "Good To Canceled" and the 6 month date comes up the order will still expire the next day unless you also change the date "set to expire"*
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/hjbxlwya96r61.jpg?width=1506&format=pjpg&auto=webp&s=6adb3585b210656d12089ef07d04e5cc2c01430d)](https://preview.redd.it/hjbxlwya96r61.jpg?width=1506&format=pjpg&auto=webp&s=6adb3585b210656d12089ef07d04e5cc2c01430d)
Step #5 --- Review the order and then submit it
Now when you want to Check your order. You go to "Orders" but it does not show up where your regular orders show up. You have to click on the "contingent" tab.
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/xraaf4r4x1r61.png?width=3360&format=png&auto=webp&s=d6e42893425e09c5db41bd94ada2cd2f2acb7561)](https://preview.redd.it/xraaf4r4x1r61.png?width=3360&format=png&auto=webp&s=d6e42893425e09c5db41bd94ada2cd2f2acb7561)
One thing to REMEMBER though. If you put in 1,000,000 and you decide at 900,000 that you have to sell because its topping out remember to either change the contingent order to lower or cancel it before you sell at another price. If you try to do a regular trade order at 900,000 for all your shares it will REJECT it saying you would be oversold because it is still accounting for the 1,000,000 contingent order
Edit #1 -- fixed some spelling errors
Edit #2 -- Getting alot of down votes. Shills must not be happy. They dont want alot of high sell orders for some reason. maybe a ton of high sell orders will affect the trading algorithms and make it go up faster. Not sure. Gotta be a reason for the down votes
Edit #3. I am adding picture for Fidelity. One thing with fidelity is they do not accept conditional contingent trigger orders unless market is open so you would have to do it during the week during trade hours. But once it is done it will be in the system
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/t7agfernb2r61.png?width=1095&format=png&auto=webp&s=6fa76dd2904ff08fdbb4e87587455b5b0f77eb89)](https://preview.redd.it/t7agfernb2r61.png?width=1095&format=png&auto=webp&s=6fa76dd2904ff08fdbb4e87587455b5b0f77eb89)
trade tab select conditional
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/7m521bytb2r61.png?width=1003&format=png&auto=webp&s=35dff27d3ff4fd677568767ba422b0b9c666ea57)](https://preview.redd.it/7m521bytb2r61.png?width=1003&format=png&auto=webp&s=35dff27d3ff4fd677568767ba422b0b9c666ea57)
Select Contingent
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/of1yx4rvb2r61.png?width=1009&format=png&auto=webp&s=91abefaf4bd32882a3c8f251d9ba54e5a77002c9)](https://preview.redd.it/of1yx4rvb2r61.png?width=1009&format=png&auto=webp&s=91abefaf4bd32882a3c8f251d9ba54e5a77002c9)
Set criteria (trigger)
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/dtjfe50yb2r61.png?width=1145&format=png&auto=webp&s=5c3b1aa1289418278df29281ad5fcae408b2197b)](https://preview.redd.it/dtjfe50yb2r61.png?width=1145&format=png&auto=webp&s=5c3b1aa1289418278df29281ad5fcae408b2197b)
place your order
Edit #4 - It was pointed out to me that this did not include extended hours (td Ameritrade). There is a GTC + Ext hours option. I should have used it for this DD but did not
[![r/GME - How to set a high sell limit for your shares (With Pictures) showing how to do it](https://preview.redd.it/0ivfkjz0g2r61.png?width=568&format=png&auto=webp&s=fd2ec64b0c5d6eecc4bc69fd7e0404ed80a03d52)](https://preview.redd.it/0ivfkjz0g2r61.png?width=568&format=png&auto=webp&s=fd2ec64b0c5d6eecc4bc69fd7e0404ed80a03d52)
Edit #5 -- i have been told that people can not get this done on phone apps. I am not sure because i never use phone for financial stuff. Definitely works on laptop or desktop. *Update see Edit #8*
Edit #6 -- Some great feedback about what if the trigger is hit and market drops some and your order does not activate. So you could say set the trigger at 800,000 (or whatever) and that triggers the order to become active then in the order you put sell, GME, and then your limit of 1M or whatever (so it activates at 800k but does not sell until 1M) or you could do a stop or trailing stop if your worried it may go over 1M. Pesonally if I am out working without internet and my XXX shares sell at 1 million each and I miss out on more I am fine with being a hundreds millionaire.
I am somewhat new to this. i just found a way to do the high price order. I work where there is no internet so it gives me some confidence I wont miss it. And if the DD is correct it will last for days. I also will be setting multiple triggers selling a few shares here and there at different high prices.
Edit #7 --- This is just a thought but for everyone who only use phone moble apps and it is not working on the app try this. Instead of using the app use the phones internet browser and log into the actual brokerage website and try doing it throught their website. I bet that will work
Edit #8 -- people asking about Schwab. Dont have account there but this link should help
<https://help.streetsmart.schwab.com/SSCentral/1.0/Content/Advanced%20Orders%20Overview.htm>
Edit #9 -- snitch snatch posted this in comments for Schwab users
<https://www.reddit.com/r/GME/comments/mjl5r0/how_to_set_a_high_sell_limit_for_your_shares_with/gtdbo79/?utm_source=share&utm_medium=web2x&context=3>
Edit #10 Contingents must be enabled first! Credit [/U/Jaykvam](https://www.reddit.com/user/jaykvam)
*" To do so, hover over* *Client Services**, then click either* *My Profile* *or* *General**. In the right-hand column, under* *Elections & routing**, see whether Contingents (Trade Triggers™) is Disabled or Enabled. It must be enabled to use contingent conditional orders. It's not difficult to enable but does require you to* ~~*read and*~~ *sign a short a agreement (Do read it in advance though!). "*

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# 28 (And Counting) Brokers and their sell limitations, if any
| Author | Source |
| :-------------: |:-------------:|
| [u/NHNE](https://www.reddit.com/user/NHNE/)| [Reddit](https://www.reddit.com/r/Superstonk/comments/ml2lnw/28_and_counting_brokers_and_their_sell/) |
---
Couldn't post this on [r/GME](https://www.reddit.com/r/GME/) cuz it kept on getting auto removed:
## Compilation of sell limits from brokers:
*PM me if you have more info on your particular broker you'd like to share with err one.*
### 1. Revolut
"Any Revolut users last time i asked revolut suport said that 10k limit per share for limit sell orders will not increase with the shere price any advice to felow ape on what to do? And no i cant transfer my shares out of revolut they literaly dont offer such service. Thanks for your answers." - [u/HiStoryin_The_Making](https://www.reddit.com/user/HiStoryin_The_Making) What's a good exit strategy for Revolut? Maximum per trade is $10,000 🙃 - [u/xRazorleaf](https://www.reddit.com/user/xRazorleaf)
Entire Post on Selling with Revolut https://www.reddit.com/r/GME/comments/m92qr4/revoluts_rules_for_exiting_trades_adjust_your/ - [u/JustBeingPunny](https://www.reddit.com/user/JustBeingPunny)
Hi! I use revolut and was able to set a 1mil sales limit. I contacted support and they said for sell there shouldn't be a limit. It seems the limit is for purchasing The only drawback seems to be that it expires daily - [u/Ampedrosa](https://www.reddit.com/u/Ampedrosa/)
Hello fellow ape, I saw your post on the exit strategy and I really fucking love you. I'm a UK based ape on Revolut, I had a whole convo with them yesterday about how they will act during the squeeze. I pressed on more details about "high risk" situations in which they would liquidate us early, but basically they told me even Revolut doesn't know what "high risk" means for the broker Drivewealth... One more important thing they told me, that you might want to add to the post, is about the limit on selling, I asked them if we can go above 10k: "If you sell exactly the amount of shares you own, the trade will go through even if the number of shares/total amount in USD is higher or lower than the limit. You can do that through tapping on the "Max" button (which is above the keyboard) when submitting the order. Your Order might not be accepted if it gives rise to too much risk for the Third Party Broker or if trading is no longer available or is suspended in the Instrument your Order relates to." Can't send screenshots in here but as soon as I figure it out, I can send you the conversation. Thank you for your awesome work !! [user name censored on /rGME]
https://www.reddit.com/r/GME/comments/m8nk84/important_all_apes_need_to_read_this_to_prepare/ Hello! Im a Revolut user and i contacted them, as we know we can't sell above 10.000 $ per share BUT they told me this: NOTE: Only if you sell as "market order". "As we have checked here, if you sell exactly the amount of shares you own, the trade will go through even if the number if shares/total amount in USD is higher or lower than the limit. You can do this through tapping in the 'Max' button (which is above the keyboard) when submiting the order" - [u/xZetroX](https://www.reddit.com/u/xZetroX/)
Hey ! I saw your great post about limit sell for each broker. Really good job ! I did some research on Revolut and some fellow apes gave a solution to do limit sell at any price point. (1M+ validated, i can do screenshot) You just have to have a round number of share and put a limit sell for all your share at once. On the other hand, we weren't able to verify if we can do this with more than 500 shares (we don't have that much unfortunately) - [u/caribouteille](https://www.reddit.com/u/caribouteille/)
### 2. Wealthsimple
Wealthsimple currently restricts max transaction to 1 Million - [u/Kennywise91](https://www.reddit.com/user/Kennywise91) you can login to wealthsimple.com and set orders over 1 mill CAD. the limit sell option still wont let u set a price of 1 mill if the current price is too low but you can set a price over 1 mill CAD, unlike on the app. so when it moons, have a get the fuck home strategy if u work. - [u/xthemoonx](https://www.reddit.com/user/xthemoonx)
I’m with wealthsimple and currently the limit sell doesn’t surpass $999,999 USD but only up to $800,000 is supported since apparently orders cannot be above 1 million CAD. Others told me that market sells should be fine but now I’m a little worried about that. I do no intend on selling on the way up at all however I’m worried about missing out on some sweet tendies. What about market sells are so bad? What could potential happen to them? Also it appears that transferring over to quest trade now would be dangerous as I might miss the squeeze. If anyone can give me some input on this I’d really appreciate it. I’m sure a lot of Canadian apes are on wealthsimple so I hope we don’t all get fucked -u/KieranSullivan5
🇨🇦 For Canadian apes 🇨🇦
I emailed WealthSimple and they confirmed the platform will adjust if such an occurrence happens.
Edit for easier viewing:
Here is the screencap of said email: https://imgur.com/a/et7KmKX
Here is a screencap of an attempt to set a limit sell of $999,999 USD: https://imgur.com/a/VpunlDf
Do not worry about the 2nd image, WealthSimple confirmed they will not restrict sell price if it's worth a metric ton of bananas.
Edit 2: it has been brought to my attention that the $1mil cap is for the app only and will not be present on PC (and possibly a browser on mobile). I have not tested this yet but here's the response: https://www.reddit.com/r/GME/comments/m8nk84/important_all_apes_need_to_read_this_to_prepare/grj6h5e?utm_medium=android_app&utm_source=share&context=3
Thank you u/pinwheelcandy !
Edit 3: Confirmed that there is no cap on any browser (PC or mobile).
Photo of my PC: https://i.imgur.com/vIeQq4k.jpg Screencap of Chrome for Android: https://i.imgur.com/3ngKx1G.jpg
- [u/boxxle](https://www.reddit.com/user/boxxle/)
### 3. Ally
Ally has a limit of $1M. I guess that means one sell order per share then. - [u/blueskin](https://www.reddit.com/user/blueskin)
### 4. Fidelity
fidelity will not restrict selling prices as long as the exchange doesnt i called and they only follow in the exchanges path - [u/Top10Tops](https://www.reddit.com/user/Top10Tops)
To Fidelity folks, Just spoke to customer service and they said there's no sell limit as to how high a stock goes.
Here's the convo, note* I haven't mentioned amc or gme and this was his response.
John: How can I help you today?
Me: Hi John, I was wondering if there's a sell limit for Fidelity?
Me: For example, if a stock climbs to astronomical numbers is there a limit to how much I'd be able to sell it for?
John: Great question!
John: No, there is no upper limit to what you can sell a stock forJohn: If you bought a stock for $1 and the value went to $1 million, you could sell for the profit
- [u/Snowbell-](https://www.reddit.com/user/Snowbell-)
AFAIK Fidelity won’t let you set a limit sell order for 50% or more above the current price. Assuming that’s the only rule then it just means you’ll need to watch the price for when it’s approaching 700k to put a limit sell order at 1 milly - [u/meekdor](https://www.reddit.com/user/meekdor/)
### 5. E*Trade
I called E*Trade to ask if there’s a limit on my account. THEY SAID NO! 3,000,000 is the floor apes!! - u/AWet1017
I'll ask this here since my topic didn't get much traction:
Anyone using E-Trade? I have a question. I sent them a message asking to ensure they wouldn't freeze up my account should a short squeeze occur that would keep me from buying or selling, similar to Robin Hood (I heard E-Trade was involved in some of those shenanigans too). Anyway, they just gave me a generic bot response and didn't answer my question, surprise, surprise.
I'm on a cash-only account, but what would keep them from not allowing me to sell my shares during the MOASS? Thanks for any help you apes can give. -u/Mega_Buster_
I called e-trade this morning and they confirmed that there aren't limits to transactions. They said if I make a sell limit order of 30 shares and I have a buyer of & 1mil/share and it's during market hours that they won't limit that transaction -u/Dr_Scuba_Steve
### 6. Freetrade
Okay, I am extremely smooth brained and I don’t think I’m understanding this right. Can someone eli5:I use Freetrade (UK ape) and asked if I can sell single shares worth $1M+.Their response: you need to ensure US trades are within £25k limit. You need to break down your order into multiple orders within the limit.Are they saying I have to break down 1 milly into 30 separate orders? Or have I just eaten too many crayons to function 😂🖍🖍🖍 - u/ 0To100RealFckngQuick
FYI UK apes, freetrade has a limit of £25k per sale, i have contacted their support and their response was that since none of the stocks they list are anywhere near that limit they see no reason to increase it. that means we are gonna be doing a shed load of transactions come the squeeze - u/ -remlap
### 7. SoFi
For those using SoFi, I just called them and asked about transaction limits, there is no limit as to how high a share can go when trying to sell it. It can go to over a million a share and you should have no problem selling it. -u/Nk_Raven
### 8. Hargreaves Lansdown
UK Ape. Hargreaves Lansdown doesn't allow Limit Sells on $GME. -u/misterpeers
Great post OP, thank you. UK Ape here. Anybody else use Hargreaves Lansdown? They only allow Market Orders for US stocks. Believe that's the only way I can sell. If another user can respond, I'd appreciate that very much please! Thanks! -u/ VelvetThunderFinance
Hargreaves Lansdown do not allow for limit orders on US stocks. Could you please request on your post that anyone who owns GME with HL, should contact them either by email or phone to request that they introduce limit orders on US stocks. I have spoken with them twice and both times they have said that limit orders could potentially be made available if there is enough demand. A large influx of calls making this request might make them speed up their intentions of making limit orders possible. Hopefully with enough demand they will allow them in time for the squeeze to bring some security to all the UK apes who are holding GME with HL. Their contact information is on their website. They usually pick up the phone quite quickly. A comment about this situation on your post would be most appreciated, strength in numbers after all. -u/Antbog1
### 9. eToro
You can’t place a Stop Limit Order on eToro 😔 - u/ReXJKHi, one smooth brainer here with a question. On Etoro it’s impossible to set a stop limit order, as there is no option like that. (Using Etoro EU) Also, I want to know if I can sell a milly/share, me no talk etoro people holidays free no answer faster answer here. 🦍 Also💎👐and put some respect on our mutual success! -u/ TreasureCase2020
When you go to edit “Edit Trade” click on “Stop Loss” then “Set SL” that is where Etoro lets you enter your price (you can chose between amount and rate). I tried entering the amount 1 000 000 and of course it didn’t work, the maximum it would let me enter was barely above the current. But right below the box when you enter the rate/amount, there is an option called “Trailing Stop Loss”. Read this article to understand its use: https://www.etoro.com/news-and-analysis/etoro-updates/introducing-trailing-stop-loss/ Between “Trailing Stop Loss” and the box where you enter the amount/rate you will find the percentage according to the position amount/rate at that particular moment. If it doesn’t show, just click on “+” or “-“ . If you put a number that represents 90%, if at any moment during the squeeze the price drops 10% from the highest price it has been on all day, the position will get closed. For example, a certain trading day, the price reaches 1 000 000 (which here represents 100%) and I have “Stop Loss" activated along with a “Trailing Lost” of 90%. If the price goes down to 900 000 (which is 90% of 1 000 000) the trade will be closed. So, even if eToro goes offline, that should ensure that the trade will close at the best price possible after the peak. I hope.
It might be a safe option to activate after the price gets to an amount one is comfortable with (for example 1 000 000) or when one feels that the peak has been reached. -u/Personal-Tourist-03
Hey man, I'd like to help you clarify about eToro and the sell limitations. The way to set a price to sell at is to click on the position, click on take profit, and then enter the value you want. It is the same as fidelity where it lets you go higher as the price goes up. You can set it to 1000% of the current price. e.g Price is now 300, I can set a take profit of 3000. Hope this helps -u/Dragonizer23
### 10. Degiro
I do have concerns about DeGiro. I tried to set a sell limit at a high price just to see how it would look, lol. But it told me it exceeded their maximum order size of €250.000. Does anyone know more about this limitation? When GME squeezes I don’t want to be held back by this. What could we, holders at DeGiro, do about this? They do sell Berkshire Hathaway shares, so technically it should be possible to sell in the hundreds of thousands right?
Update: I asked the same question on r/degiro and there they said that if the share closes at above €250k there should be no problems selling the shares at their actual price.🙌💎-u/Always_Highdrated
Degiro doesn't allow you to place a limit order sell 20% higher than the current price. Aside of that I am not aware if there is any other kind of limitation. Currently there is no stock or security in existence that is near the 250.000 that you suggest in your post, so it is normal that it didn't let you place the order. -u/Maximito
just got off the phone with Degiro customer support, they said they would never restrict you from closing your position, not even at a million
This was however only one guy from customer support. Think we can trust that but you never know. wouldn't be the first time a customer support staff member made a mistake -u/Jobdriaan
### 11. Robbinghood
For anyone wondering Robinhood does not have have a cap on placing a limit sell. So for all you smooth brained apes out there, this means when Gmmee hits 2,000,000 a share, a limit sell order will be able to be placed for 2,000,000 - u/ChimpGimpy
### 12. Questrade
No limit on selling, but limit on setting sell limits (right now I can set $9999 but not higher).
EDIT: According to u/equinsuosha , if you change your route, you can set the limit price to whatever you want. I tested this with changing the route to MNGD it let me set a limit sell price of 42069.69, but I still have to get back with Questrade on how changing the routing affects the sale, if any.
https://www.reddit.com/r/WallStreetbetsELITE/comments/lrei7j/frist_the_hfs_say_you_cant_buy_know_they_are/?utm_medium=android_app&utm_source=share
### 13. Vanguard
I just called Vanguard and they confirmed that there is no maximum amount for selling shares of a stock. When I gave him the example of $1MM or more per share he didn't flinch. u/Weary_Freedom_3916
### 14. Charles Schwab
Hello hello. Charles Schwab user here. There is an initial trade limit of 1000 shares or 20k (if any apes are considering transferring). There is no maximum amount for selling, but there's a cap on limit orders based on current prices. I can place one just under 4k. u/itsdaynotdave
### 15. Interactive Brokers
$CUM at IBKR SELL LIMIT 10,000,000.00 and limit 15 orders 1 time. 1 share 10,000,000.00 no issue. ×2 share 10,000,000.00 IBKR will cancel without my consent. FYR u/EddJan94
### 16. Webull
Rumor has it Webull currently allows a maximum limit sell order at 2000% (20x) current market value. So with GME's current $200 price you could set a limit sell order up to $4000. (I saw this info posted by a user in the GME comments section on Webull, who asked the company to clarify the policy after having very high limit sell orders unilaterally canceled by Webull.) - u/Green8Dreamer
### 17. Trading212 https://ibb.co/SdTQdrS https://ibb.co/0jBfsQX -u/psychopathologic
 Alex C. (Trading 212) 20 Mar 2021, 12:56 EET Greetings, Thank you for reaching out! If the price of stock will reach 1 million and you close / sell that stock, then the profits made can be withdrawn with no difficulty . Please do not hesitate to reach us should any further questions arise. Kind Regards, Alex C. | Customer Care Mentor -u/ape_Ivo_to_the_moon
Hi nhne, I asked trading 212. So first Theres no Limit concerning how hight the price of a security sold can be. When I asked about sell limits they said it's dependent on the security and the market and stuff They said I should provide them with an order id But I can't because I cant fill an order with that high of a sell limit You might want to add that to your post. Selling possible at any price. Limit selling I don't know I tried a few prices but wasn't even allowed to do 5000 -/utilidus
Hi this is the reply I got from trader 212:
Thank you for reaching out.
I would like to inform you that we will not impose any restrictions when it comes to the closure of the clients' positions, and respectively their ability to acquire their profits.
I hope this clarifies the situation for you.
Please stay safe and have a wonderful day.
Kind regards, Stefan V. | Customer Care Hero -u/WellBehavedSociopath
### 17. Capital.com
Hey I just wrote to Capital.com. Me: Hello I was wondering if there's a sell limit for capital.com? For example, if a stock climbs to astronomical numbers is there a limit to how much I'd be able to sell it for? Say I bought a CFD for 1$ and the price went up to 1'000'000$, could i sell it for 1'000'000$ and take the profit? Capital.com: Dear client, Thank you for reaching capital.com Support. We do not have such limits. Best regards, Capital.com Customer Support. -u/Separate-Attorney-10
### 18. RBC
Hey! Thank you for the stellar exit strategy post. I am a fellow Canadian ape and I use RBC investing for GME. I just put in a limit sell order of 999,999usd for one share and it was accepted. I couldn't go over that amount. Hope this helps! Let me know if you need proof or anything I just tried before going into work! -u/Tarzan_Daddy
### 19. TD Ameritrade
TD Ameritrade does not have a sell limit! I called and asked to clarify today and we could sell at $100,000,000,000 if we wanted to and TD would allow it -u/Luethifers_life
Me: Okay, so I’ll try to rephrase If a stock is currently selling at $1million/per share, TDA would not limit or restrict a shareholder from selling at that price? Her: As long as the stock is currently trading with no restrictions on the shares, we do not restrict clients from selling at the market price. TN -u/Brandino7
TDAmeritrade is lying. Their max sell price varies according to the current ask price, something like 225% X CURRENT ASK.
If you set the max, say $459 like I did on testing the upper limit on Friday AND you set this ax GTC... If ASK drops and your MAX SELL price drops below the then recalculated max price, TDA will cancel your order!
Liars. -u/Zealousideal-Ant1661
### 20. Postbank
Hi, thx for your great DD about the exit strategy. It is really helpful. If you like you can add "Postbank" in Germany to the brokers. It's a standard bank with trading portfolio. So no neobroke who srews you. A few weeks ago i placed a limit sell order for 9.999.999 Euro which was forwarded to tradegate exchange but didn't get executed yet ;-) Proof: https://www.reddit.com/r/GME/comments/lzqs9k/sell_order_am_i_doing_it_right_forget_500k/?utm_medium=android_app&utm_source=share -u/FrankiHollywood
### 21. Comdirect
Broker: Comdirect Country: Germany Time: Beginning of March 2021 ~ 3 weeks ago Action - online: sell order for 1x GME @ limit 100K Reaction - phone call + e-mail:
"Your order was deleted by the exchange because your changed limit deviates too much from the current price"
" Please note that limited orders from the USA can have a maximum price deviation of 15% from the current market price."
"If necessary, you can place your order again." -u/Weariout
### 22. TD Canada Trust (WebBroker)
TD Canada Trust (WebBroker) 🇨🇦 For Canadian apes 🇨🇦: the highest sell price it's allowing me to set is < $10,000, so $9,999.99 is the max sell price. Any sell price > $10,000, throws an error 'invalid price increment'. This is through their mobile app, as well as their desktop website.
Will try to confirm how that ceiling is set or calculated, as the stock price increases. TD Canada Trust is one of the major banks in Canada. -u/OkMulberry8902
### 23. AJ Bell
For the UK Apes, AJ Bell is also Market order only. They call it "at best". -u/bruce_waning_gibbous
### 24. Stake
Stake's platform (Drivewealth LLC) only allow 5 digit sell orders. Last check this will affect 138,000 apes holding GME.Is somebody able to get a response - My emails and calls are falling on deaf ears -u/Ask_Zeek
Hi, regarding your post in r/GME with the list of brokers, I have contacted Stake, one thats in a few countries outside the US, like the UK, Australia, and NZ among others. This was their response today: As per how markets operate, share price itself does not affect a security’s ability to be bought or sold. For example, Berkshire Hathaway Class A ($BRK.A) trades at ~US$380,000 per share and people trade this freely and readily. However, there are some things to be aware of when placing certain order types at prices that are significantly different from where that security is currently trading. This FAQ provides more information. https://au.support.hellostake.com/en/support/solutions/articles/35000152385-order-types Finally, given your enquiry is about $GME, we urge you to please familiarise yourself with the risks associated with trading high volatility stocks. This blog may be helpful. https://hellostake.com/au/stake-updates/volatility-and-risk/
They have a Limit Sell Cap of 200% above the market value, but they only last for the day. If I put one in at $600 when the price is $200, it would stay even if the price dropped to $100, but would be cancelled at the end of the day regardless of price. -u/taraborn
### 25. Traderepublic
Traderepublic (Germany) limits orders to 999,999.99 -u/RetardHolder
TradeRepublic would rise the ceiling if shares would approach these levels. So there is no real limit other than their shitty Server network -u/DamnIamHigh_Original
### 26. Flatex
Another one for the list: Flatex (D/AT) caps at (1mil - 1 cent)$
Two examples: a) I place a new order limited at or over 1000k. It gets rejected. Explanation given (in german): Deleted/canceled by system/exchange b) I change the limit of an existing order from 420k to 1000k. It gets canceled. Explanation given (in english): Order price exceeded allowed hard limit. -u/Rud0lfRocker
### 27. Wells Fargo Advisors
I just got off of the phone with Wells Fargo Advisors. They do not have a limit to how high you can sell a stock.
They did, however, stipulate that the current market price needs to be within +50% of any limit you put in place. So if the market price is 1 million, you'll need to wait a bit before you put a 2 mil or 3 mil sell limit per share. -u/Boleslaw-BoldHeart
### 28. XTB
Hey! Just added XTB response to my questions about Sell Limit restrictions and limitations: "So, after contacting XTB they have confirmed that there are no limitations for pending orders. I also asked if there would be any restrictions if the stock price increased drastically and I would like to sell and in this case there are no restrictions either. As long as there is a buyer, the order will be executed. I do have to mention that XTB includes a 0,2% commission for orders over 100.000" -u/PowersBass
### 29. IngDiba
You can add IngDiba Germany. Limit sell order is possible for 9.999.999€ For 10.000.000 you receive an error saying your order is unreasonable -u/Luntzer
### 30. T212
I asked if there was a maximum sell price (and put $1m as an example). The reply: Pavel P. (Trading 212) 29 Mar 2021, 15:29 EEST Greetings, u/YMabDaroganCont I hope you are well. I am happy to inform you that the client will be able to sell/buy any stock regardless of the current price unless a regulatory restriction is applied. // My response: Thanks for your prompt reply. I understand that trading halts can be put in place and I understand that this is out of your control, but could you give me an example of, or elaborate on, the kind of regulatory restrictions that could be put in place? I was very dissappointed late January during the $GME run up to ~$400 that I could not buy any shares, and since then I am very worried that during periods of high volatility that Trading212 will “pull the rug” under my feet (again!). I also want to make it absolutely clear that even during times of high volatility that I will be able to sell my shares at the said price without them being stuck as “pending” (again, as was seen during late January). // Response: Please bear in mind that whilst most of the orders are filled within a few seconds, please note that when it comes to Equities and ETFs (on Trading 212 Invest and ISA accounts), the execution time completely depends on every market and it may even take a few days for some orders to be executed (e.g. AIM listed stocks​)​. In other words, certain market conditions (i.e. liquidity) have to be met to have the orders executed. -u/YMabDaroganCont
### 31. Nordnet (Finnish)
Hi! Addition to your broker sell limit compilation: Nordnet users can set sell-orders only within +/- 3% margin of current stock price (stock price >50 USD). With stop-loss command, you can set any sell price (no matter if stock is going up or down). Im not sure is it possible to add stop-loss order to you existing positions or do you need to decide stop-loss price upon purchase. Also, using mobile app you can only sell/buu stock only for 999,999.00 USD. In desktop, there is no limitation. Thank you! :) =u/TaP3D
### 32. SaxoTrader https://www.reddit.com/r/GME/comments/mig0iv/saxotrader_has_no_sell_limit/ No sell limit. -u/papajanreddit

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Citigroup, Goldman Sachs, BofA restrict shorting on GME, adjust their "risk controls". "Institutional investors now face higher collateral reqs" -- June 4, Bloomberg
=====================================================================================================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/strong-ape-bro](https://www.reddit.com/u/strong-ape-bro/) posted by [u/Lucky2240](https://www.reddit.com/user/Lucky2240/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nui12c/citigroup_goldman_sachs_bofa_restrict_shorting_on/) |
---
[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1)
Posting this for [u/strong-ape-bro](https://www.reddit.com/u/strong-ape-bro/) due to lack of karma. All credit to him! Edit: added screenshots
[![r/Superstonk - Citigroup, Goldman Sachs, BofA restrict shorting on GME, adjust their "risk controls". "Institutional investors now face higher collateral reqs" -- June 4, Bloomberg](https://preview.redd.it/fsqmw907pv371.png?width=640&format=png&auto=webp&s=f072b45d582052be91ede94053b655522f4a759c)](https://preview.redd.it/fsqmw907pv371.png?width=640&format=png&auto=webp&s=f072b45d582052be91ede94053b655522f4a759c)
His thoughts:
" Citigroup, Goldman Sachs, BofA restrict shorting on GME, adjust their "risk controls". "Institutional investors now face higher collateral reqs" -- June 4, Bloomberg
This is freaking huge.
3 of the biggest prime brokers are pulling the plug on 1) shorting GME and 2) increased collateral requirements.
Bloomberg article: <https://www.bloomberg.com/news/articles/2021-06-04/wall-street-banks-rein-in-hedge-funds-short-bets-on-meme-stocks>
[![r/Superstonk - Citigroup, Goldman Sachs, BofA restrict shorting on GME, adjust their "risk controls". "Institutional investors now face higher collateral reqs" -- June 4, Bloomberg](https://preview.redd.it/ikbu389bpv371.jpg?width=640&format=pjpg&auto=webp&s=882883f1c27272cdbc5307815f960ab311a4b9fe)](https://preview.redd.it/ikbu389bpv371.jpg?width=640&format=pjpg&auto=webp&s=882883f1c27272cdbc5307815f960ab311a4b9fe)
[![r/Superstonk - Citigroup, Goldman Sachs, BofA restrict shorting on GME, adjust their "risk controls". "Institutional investors now face higher collateral reqs" -- June 4, Bloomberg](https://preview.redd.it/1zai4bphpv371.jpg?width=640&format=pjpg&auto=webp&s=374e67fa884adfaa34acd12f434e355dff716d4c)](https://preview.redd.it/1zai4bphpv371.jpg?width=640&format=pjpg&auto=webp&s=374e67fa884adfaa34acd12f434e355dff716d4c)
For those unaware:
1. [Bank of America is the prime broker for 96% of Citadel's "activities"](https://www.reddit.com/r/Superstonk/comments/nsioql/the_complete_bank_of_america_gamestop_dd/).
2. BofA recently terminated analyst coverage of GME.
3. On June 4, BofA also restricted short positions on GME and increased collateral requirements for existing positions.
4. Citigroup, Goldman Sachs did the same.

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Biggest Broker In Sweden, Avanza, Not Providing Votes or Verification of Ownership.
===================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Sometimesiworry](https://www.reddit.com/user/Sometimesiworry/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nkmqvp/biggest_broker_in_sweden_avanza_not_providing/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
The swedes have been fighting with Avanza over this for weeks now. On the Swedish sub iskbets a post have gained traction about a Swedish ape calling the financial inspection agency to talk about this. He got the answer that this indeed seems like malpractice and that we should contact the "konsumentverket" and make a complaint.
So all swedes reading this, go to [www.konsumentverket.se](http://www.konsumentverket.se/) and make a complaint. We are getting royaly fucked
EDIT: Avanzas clearing bank is BNP Paribas. BNP was heavily involved with the Panama papers. As soon as this is over I'm getting the duck out of there.
| Author | Source |
| :-------------: |:-------------:|
| [u/Drollific](https://www.reddit.com/user/Drollific/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nkq6ni/the_biggest_broker_in_sweden_doesnt_allow/) |
---
![image](https://user-images.githubusercontent.com/82035192/119549062-dbfb7080-bd64-11eb-8e70-74f1df6e4310.png)

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Broker Bullies -- (Part 1 -- T212)
================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Kronens](https://www.reddit.com/user/Kronens/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oaeeu0/broker_bullies_part_1_t212/) |
---
[Possible DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
UK Lawyer Ape here to break up the monotony of interesting posts with everyone's favourite bed time subject - THE LAW...
My opinion - Brokers have been skirting around their legal obligations to their consumers for months now and (personally) I think they are seeing what they can get away with to mitigate their risk and the risk of their institutional clients. The T212 saga today was just the latest in a line of failures to act in their consumer clients' best interests. I've been meaning to do a write up on what Apes might be able to do in response and this is the first part. More will follow if you're interested.
*Disclaimer first: this is not legal or financial advice. The procedural information provided is freely available online and the bit where I set out my thoughts on the T212 clauses are my opinion only. You should not listen to me. Maybe it will inspire you to speak to T212, I don't know. These things are subjective and I would like to invite all the wrinkled brained lawyer Apes to review and let me know if there are mistakes. As you can see, I work with crayons.*
TL;DR -- I don't think what T212 have in their terms in relation to share lending is a fair contractual term and I believe it to be in breach of consumer regulations in the UK (and domestic international laws). You have a right to contest this, details are provided below, and you might want to know my thoughts on the specifics around the terms if you want to make a complaint yourself. As I mention, this is not clear cut, and it might be the specific protections raised don't quite cover the issue but from my experience where something is blatantly detrimenting the consumer; there is a law seeking to protect them.
Intro
I may be a smooth brained lawyer (who has only made terrible memes up until now on this sub) but I took a look at the T212 terms and have some problems with what they're doing.
These notes are primarily focused on the UK as I'm based in London but a lot of this may be adaptable for our international Apes as I expect processes with regulation authorities to be fairly similar. The procedure will most likely involve speaking with your broker in the first instance and then reporting your complaint to a regulatory body if your matter has not been suitably resolved.
To summarise the legal fundamentals behind this note:
1. I called up the Financial Conduct Authority to check that individuals agreeing to broker terms were able to rely on consumer regulation protections and more specifically the unfair terms legislation (we are*);
2. I checked Chapter 10 of the Financial Conduct Authority Handbook and Schedule 3, section 2A of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (FSMA) and think there is a probability that in acting for two opposing clients simultaneously (Ape Long and Hedgies Short) and acting in a manner which benefits one over the other (lending shares to SHFs which has the effect of devaluing Apes stonks) T212 are in breach of the FSMA in relation to conflicts of interests.
3. I believe that clause 22 of the T212 Share Dealing Service Terms of Business is likely to be in breach of section 62 of the Consumer Rights Act 2015 (CRA) in relation to unfair contract terms.
*For the purposes of the CRA you will only come within the protections if you are acting for purposes that are wholly or mainly outside of your profession.
To note: my interpretation of the regulations, is my interpretation and opinion only. It is not clear cut, but I believe that T212's actions amount to a breach of the CRA and FSMA.
Part 1 - So, what can we do about this?
The Process
Call me a pessimist but I don't think T212 will be the only ones to try this. The process outlined below therefore refers to "brokers" rather than T212 specifically for future use.
I also believe this might be useful for Apes outside the UK as international guidance (especially in the EU) is likely to be relatively similar.
Step 1: Contact the broker
Contact the broker as soon as possible in writing so that you have a record of what they say and being speedy allows you to show in the future that you took this matter seriously from the outset.
Financial services firm in the UK have 8 weeks to respond formally (mad right?) however if the broker gives you a deadline for a response it does not seem unreasonable to also set your own deadline before you report the matter to a regulatory body.
Unless they can resolve your issue in 3 business days, they do need to acknowledge your complaint within a reasonable time after those three days.
Step 2: Make the complaint yourself
Lawyers can be expensive, but don't you worry your fluffy little head, you beautiful ape; you can do this all by yourself!
Make sure you identify the problem and terms you feel are not fair.
To make it a little easier I have also provided you with some wording that you might find useful in Part 3. But that's up to you, I'm not your lawyer.
Step 3 -- Contact the Financial Ombudsman
If you are not happy with the response you receive from the firm (again, as a pessimist I have my doubts that you will be happy), or you do not hear from them within the relevant time period (also very probable), the​​​​​ Financial Ombudsman Service may be able to help you.
The Financial Ombudsman Service is a free, independent service for settling disputes between financial services firms and their customers (if you don't already know about them).
**International Apes, I expect you will have similar regulatory bodies which I expect will help you much in the same way.**
The success of a complaint like this may be limited. However, I personally believe that the more eyes we get on this the better. Drawing attention to unfair practices now is better than waiting until all this is over.
Proactively confronting unfair dealings is the only way consumers can show that they do have power.
Step 4 -- Court
We'll keep this one in the back pocket for another day but you should know that you always have the right to take things like this to court; regardless of a regulatory body's decision.
Part 2 -- What do I think T212 may have done wrong?
![Screenshot 2021-06-30 064333](https://user-images.githubusercontent.com/82035192/123947603-8cfdb800-d96e-11eb-8142-0a76b1d5085b.png)
You can see from the above picture the inner workings of a legal genius who just about managed to review the terms before the impulse to eat all the crayons took over.
My verdict? Clause 22 doesn't seem very cash money of T212.
What they're basically saying is that they can lend out your shares to institutions unilaterally; an act which would actively devalue your asset that you have purchased in favour of your competition in all this; the SHF.
I believe that due to this, T212 are likely to have a conflict of interest by being a provider of services to you as a long investor and a SHF by making a decision to lend your shares out (with threat of punitive action should you contest it) for the sole benefit of the SHF.
No... doesn't seem very cash money at all. In fact, someone would call that a d**** move.
I won't go into too much more detail here as I want to get this out quickly to hopefully get the ball rolling for as many of you as possible. However, Part 3 below explains the specifics of the perceived breaches in consumer regulations and the intro above refers to the sources that I base this off.
Part 3 -- How might you speak to a broker like T212?
When I spoke to the Financial Conduct Authority they gave me the following details to raise a complaint with T212 (you know, if that's what you want to do):
Email: <Compliance@Trading212.co.uk>
Phone Number: 0203 816 0199
**I want to make clear that this is just an example of something that can be sent in similar circumstances. I am not encouraging or advocating that you necessarily send this or something similar and if you do send anything similar to T212 then you should only include what you believe is correct to your individual circumstances. I have suggested extra reading into this topic but please do your own research and even get a lawyer if you are looking for legal advice. None of this is legal advice.**
*Subject: Securities Lending Complaint*
*Dear Compliance Team*
*I recently logged into my T212 trading account and was notified that in accordance with clause 2 of your Share Dealing Service Terms of Business (the* *Terms**), I am required to give consent to lend my shares to a third party or suffer penalties (the* *Proposal**).*
*To confirm and for the avoidance of doubt, I do not authorise you to lend my shares to any third party. I purchased the shares with the understanding that they were mine to own and I would receive all proprietary rights as would be expected in any exchange for such a security. That includes the ability to choose whether to lend or not to lend that security to anyone.*
*I also do not accept the punitive measures that you threaten in this correspondence. These penalties are not in accordance with my legal rights as a consumer.*
*If you do not revoke your ability to lend out my shares without imposing penalties by the 9 July 2021 I will be notifying the Financial Ombudsman with full details of the complaint.*
*In the meantime and to consider the current situation in more detail please can you provide the following:*
*1\. Evidence that in accordance with clause 22.1 of the Terms that I gave explicit consent to lending shares in my account;*
*2\. An explanation as to why (presumably) you do not consider the Proposal to be in breach of Chapter 10 of the Financial Conduct Authority Handbook and Schedule 3, section 2A of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (FSMA)? To clarify, T212 is acting as a financial firm to both myself as an investor and a third party who is most likely to use that share to short the stock I have invested in. Both myself and the third party are therefore clients of yours however you are clearly favouring the third party over me as an investor of the stock as the act of shorting that stock will devalue my investment. By imposing penalties on me if I do not agree to this, you are without a doubt favouring the third party as a client whilst harming my investment. Please confirm why T212 consider this not to be a breach of the conflict of interest provisions of the FSMA and FCA mentioned above?*
*3\. An explanation as to why clause 22 of the Terms is not in breach of section 62 of the Consumer Rights Act 2015 (CRA) in relation to unfair contract terms? Clause 22 gives T212 the unilateral ability to lend out shares that I have invested in to the detriment of my shareholding. No investor in their right mind would allow their shares to be lent out to a third party who is likely to use that share to short the stock as it would clearly devalue the initial investment. I see no benefit in the clause for me as an investor; which (I'd like to point out) is hidden away in one of many of your terms and conditions.*
*I will require a response to these queries as soon as possible considering the very limited timescale you have given me to consider my options. If I do not hear from you before the 9 July 2021 with what I consider to be an adequate response in resolution of this matter or if you have not by that time revoked the Proposal I will be contacting the Financial Ombudsman to make a formal complaint about your business practices.*
*Yours faithfully,*
Part 4 -- What Comes Next?
That really depends on how T212 would like to deal with this. In my opinion, they are likely to get a lawyer to go through why these provisions do not apply (in their opinion). At that point, the regulation authority should decide whether that is true or not.
On the face of it, this seems blatantly unfair to the consumer and where that happens (in my experience) more often than not it is a breach of a rule or regulation that seeks to protect a consumer.
If people would find it useful I can do some further research on how someone might make a formal complaint to the Financial Ombudsman. I would recommend that would need more details in relation to specific breaches of the legislation and the terms.
I have also been thinking about setting out my thoughts on notifying conduct authorities about:
1. The brokers' action in trading halts in January;
2. Unfair terms in T212 and other brokers terms;
3. US market practices and the role of domestic brokers in managing this risk.
I would appreciate any feedback and suggestions!.
TL;DR -- it's at the top you lovely, smooth-brained, simple ape.
*Further disclaimer: in case in the interest of making this a little less formal anyone thinks this is unprofessional or could make lawyers look bad; I'm doing this to help people, it's free, law isn't entertaining (but I gave it a go), I don't actually eat crayons and you're wrong.*

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How to Vote with Degiro
=======================
| Author | Source |
| :-------------: |:-------------:|
| [u/NothingNeo](https://www.reddit.com/user/NothingNeo/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/n625d4/how_to_vote_with_degiro/?utm_source=share&utm_medium=web2x&context=3) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
This is an educational post.
Keep in mind: It will cost €10 but I would really concider doing it. 10 Euros is really not that much.
I will give a little introduction on how Degiro works so if you want to skip to the voting tutorial just scroll down to the ape-rocket emojis.
So while Degiro a few days ago simply said that they could either give you a UBO (utimate benificial owner) certificate and try to contact Gamestop directly, they also said that they could try to contact their clearing bank with my instructions on how to vote so that they then would vote on my behalf.
It seems like they got flooded with requests to vote on Gamestop so they now set things in motion for the last point to be fully set in motion. So this is now the way to cast your vote and it is no longer an uncertainty but their official and guaranteed way to let you vote.
So here is how it works:
No matter if you hold a basic/trader account or a custody account, in both of the situations your shares are held in an omnibus account of Degiro. That is also the reason why they can't hand out control numbers. You don't own one specific share but rather a percentage of that omibus account. This could sound like problem but it really isn't. They don't allow the shares to be lent out (no matter the account type) and therefor all the shares are held in an 1:1 ratio in that omnibus account. So if 10 million apes hold a cummulative of 30 million shares on Degiro then the omnibus account will represent that in a 1:1 way. The reason they do it this way is that it makes it cheaper and easier for Degiro to handle all the trades through one big account than several million different ones. That's why they're able to keep the fees so low.
🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀🦍🚀
How to vote:
1\. Contact Degiro via E-Mail.
The E-Mail depends on the country you live in but it always starts with "ca@degiro".
So if you live in Germany/Switzerland then the adress would be: <ca@degiro.de>
If you live in the UK then the adress would be: <ca@degiro.co.uk>
France: <ca@degiro.fr>
Italy: <ca@degiro.it>
Portugal: <ca@degiro.pt>
Sweden: <ca@degiro.se>
Netherland/Belgium: <ca@degiro.nl>
Greece: <ca@degiro.gr>
Czech Republic: <ca@degiro.cz>
I think you get it. It's just the country code that changes.
You simply send an email to that adress with a title like "Voting in Gamestop shareholder meeting" where you say something like "I would like to take part in the voting in the annual shareholders meeting of Gamestop 2021"
2\. Their reply
They answer you (for me I got the answer after only 5min) with a prewritten text with instructions on how to cast your vote. It may be worded a little bit different in all the different languages but it comes down to them demanding of you to:
Send them an additional Email to the same adress "<ca@degiro.xx>" with:
- With the Email your account is registered on
- Stating that you agree with the costs of 10 Euros being withdrawn from your account
- Your complete instructions on how to vote
3\. Example of voting instruction email
Here is an example of how such an Email could look like:
-------------------------------------------------------
Titel of Email:
Voting Instructions Gamestop Annual Shareholders Meeting 2021
Text of Email:
Enclosed are my voting instructions:
1. Election of directors
1.1 George E. Sherman -for
1.2 Alain Attal -for
1.3 Lawrence Cheng -for
1.4 Ryan Cohen -for
1.5 James Grube -for
1.6 Yang Xu -for
2\. Provide an advisory, non-binding vote on the compensation of our named executive officers -for
3\. Ratify our audit committee's appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending January 29, 2022 -for
I agree that the fee of 10 euros will be paid from my account.
Best regards, Ape
--------------------------------------------------------
And that's it! It's that easy!
If your shares are with Degiro please consider voting!

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Fidelity didn't sell. Don't believe the FUD.
============================================
| Author | Source |
| :-------------: |:-------------:|
| [u/locomoroco](https://www.reddit.com/user/locomoroco/) | [Reddit](https://www.reddit.com/r/GME/comments/lhfsbq/fidelity_didnt_sell_dont_believe_the_fud/) |
---
Edit 1: *Disclaimer: I am not a financial advisor and IANAL. This material and information contained here are for educational purposes only. You should not rely on this material to make financial or legal decisions*.
I commented this, but it deserved a post.
You probably saw the WSJ claiming Fidelity sold along with several post here about the same. Seems like more propaganda. I've also noticed several post claiming that we should leave Fidelity. I swear hedgies are desperate now.
They didn't sell. What happened was a transfer of ownership. The WSJ article is worthless, because all they did was look at the 13G form submitted on February 10, 2021 which only shows 87 shares. See below.
Even if they really had sold, this occurred Jan 26-29 which means that it's already included in the [FINRA SI% 78%. ](http://finra-markets.morningstar.com/MarketData/EquityOptions/detail.jsp?query=14%3A0P000002CH&sdkVersion=2.58.0)Don't believe everything you read specially without ANY SOURCES.
I think everyone is confused about what form 13G is. [It represents change of ownership when a party acquires more than 5% beneficial ownership, NOT SELLING.](https://www.investopedia.com/terms/s/schedule13g.asp) So on [February 8, 2021 FMR LLC gave beneficial ownership of 9,276,087 shares to FMR Co. LLC.](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001050/filing.txt)
Then on [February 10, 2021 FMR LLC gave beneficial ownership of 87 shares to Strategic Advisers LLC.](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001389/filing.txt)
FMR LLC has 0 shares of beneficial ownership now.
FMR Co LLC has 9,276,000 shares of beneficial ownership now.
Strategic Advisers LLC has 87 shares of beneficial ownership now. Based on this Fidelity fund, [FCTDX](https://fundresearch.fidelity.com/mutual-funds/summary/31635R363), this group manages it based on the [prospectus](https://www.actionsxchangerepository.fidelity.com/ShowDocument/ComplianceEnvelope.htm?_fax=-18%2342%23-61%23-110%23114%2378%23117%2320%23-1%2396%2339%23-62%23-21%2386%23-100%2337%2316%2335%23-68%2391%23-66%2354%23103%23-16%2369%23-30%2358%23-20%2376%23-84%23-11%23-87%230%23-50%23-20%23-92%23-98%23-116%23-28%2358%23-38%23-43%23-39%23-42%23-96%23-88%2388%23-45%23-55%23-85%23112%230%2340%23-99%2332%2357%23-74%235%23-89%23-105%23-67%23126%2377%23-126%23100%2345%23-44%23-73%23-15%238%23-21%23-37%23-17%23-14%23-98%23123%23-18%2345%23-59%23-82%2367%2383%23112%2317%2370%23-78%2378%23-50%2336%23-86%23-90%2381%23-21%23-119%23-30%23120%2349%2328%23-98%2333%2351%23-78%23-119%23-16%2350%23-58%2350%23102%2348%23-17%2352%23-99%23#doc_div).
The additional 6,800,276 shares belong to this fund, [FDMLX](https://fundresearch.fidelity.com/mutual-funds/summary/316345875#), and I believe they remain there since the transfer of ownership did not include this number.
Edit 2: IMPORTANT: From the comments, some people still believe Fidelity sold on 12/31/2020 to FMR Co LLC. So, I am providing more info on it. My brain hurts from all the legal jargon.
THEY DIDN'T SELL. To understand why I say this let's look at Schedule 13D. But first:
Look at [Item 7 which points you to Exhibit A:](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001050/filing.txt)
> Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G.
>
> Fidelity Management & Research Company LLC * IA
>
> *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G.
Per [form 13F](https://www.sec.gov/Archives/edgar/data/1145247/000114524720000003/xslForm13F_X01/primary_doc.xml), on January 1, 2020 four companies (FMR Co., Inc., Fidelity SelectCo, LLC, Fidelity Investments Money Management, Fidelity Management & Research Company (FMR Co,. Inc)) merged and became Fidelity Management & Research Company LLC (FMR Co. LLC).
FMR Co. LLC is owned by FMR LLC, [per 13G Exhibit A 2021-02-08](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001050/filing.txt).
> *Fidelity Management & Research Company LLC ("FMR Co. LLC"), a wholly owned subsidiary of FMR LLC*
What is Schedule 13D:
[Schedule 13D](https://www.investopedia.com/terms/s/schedule13d.asp) is also known as the "beneficial ownership report". This is a form that must be filed with the SEC when a person or group ACQUIRES MORE THAN 5% of any class of a company's equity shares. KEYWORD, ACQUIRES, NOT SELLS.
In form 13G you'll see this text, [RULE 13d-1(k)(1) AGREEMENT](https://www.law.cornell.edu/cfr/text/17/240.13d-1). All this legal jargon is making my brain hurt. This agreement simply means if each person/group can individually file form 13G for all the changes within form 13G, then only one statement is required. This is why we see FMR LLC file the forms.
Why is December 31, 2020 important? Form 13G says, "*Institutional investors are required to file an amendment to report any changes within 45 days of the end of the year*". What are these changes? Glad you asked, CHANGE IN OWNERSHIP.
From the filing date of [2021-02-08](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001050/filing.txt) to 2020-12-31, there are 39 days. They are reporting (6 days before the deadline of Schedule 13G) that FMR Co. LLC is now the beneficial owner of 9,276,087 shares.
They do the same 2 days later on [February 10, 2021](https://www.sec.gov/Archives/edgar/data/0000315066/000031506621001389/filing.txt), because of *changes to the information contained in a Schedule 13G form must be amended through additional reporting.* What changes? 87 shares are now owned by Strategic Advisers LLC*.* This had to be submitted *within 10 days of any month-end where the holder's ownership increases or decreases by 5% or more.*

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Are my GameStop shares lent out? Fidelity version. Not financial advice.
========================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/uncle_irohh](https://www.reddit.com/user/uncle_irohh/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/mpoyou/are_my_gamestop_shares_lent_out_fidelity_version/) |
---
[Fluff ☁](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Fluff%20%E2%98%81%22&restrict_sr=1)
[![r/Superstonk - Are my GameStop shares lent out? Fidelity version. Not financial advice.](https://preview.redd.it/b74gw84uits61.png?width=960&crop=smart&auto=webp&s=86f29e52261959083fef0c881254b34ab1cbb2ee)](https://i.redd.it/b74gw84uits61.png)

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Limit Sell, Not Market Sell - Fidelity Spreadsheet
===================================================
>:memo: **NOTE**
>
> **This post is out of date as [Fidelity recently increased their sell limits](https://www.reddit.com/r/fidelityinvestments/comments/n71vc7/freestyle_fridays_change_in_limit_order_pricing/).**
| Author | Source |
| :-------------: |:-------------:|
| [u/LolliGoinTuTheMuun](https://www.reddit.com/user/LolliGoinTuTheMuun/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/mv57b8/re_limit_sell_not_market_sell_fidelity_spreadsheet/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
If anyone is interested, I created a cheat sheet. Fidelity lets us put in Limit Orders for 50% of the current price. I laid out prices from 50k to almost the moon, so that if we reach these prices, I can tell just where to set the Limit Sell. Pretty elementary, I know, but I figure my brain will short circuit when it's happening.
[![r/Superstonk - RE: Limit Sell, Not Market Sell - Fidelity Spreadsheet](https://preview.redd.it/1tvd7qpehfu61.png?width=1276&format=png&auto=webp&s=ab4fb0ac668b69f972fb3d9d297cf7b19d1a09be)](https://preview.redd.it/1tvd7qpehfu61.png?width=1276&format=png&auto=webp&s=ab4fb0ac668b69f972fb3d9d297cf7b19d1a09be)

27
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Freestyle Fridays: Change in limit order pricing from 50% to 500%
=================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/fidelityinvestments](https://www.reddit.com/user/fidelityinvestments/) | [Reddit](https://www.reddit.com/r/fidelityinvestments/comments/n71vc7/freestyle_fridays_change_in_limit_order_pricing/) |
---
[Hot Topic](https://www.reddit.com/r/fidelityinvestments/search?q=flair_name%3A%22Hot%20Topic%22&restrict_sr=1)
Hello members of the [r/fidelityinvestments](https://www.reddit.com/r/fidelityinvestments/) community. We have seen many posts discussing our policies on limit orders. These are some of the most upvoted posts on our subreddit. The discussion focused around the ability to place limit orders outside of the 50% limitation from the current price of the stock.
We've listened to your feedback and we are pleased to announce a change to our policy. As of today, sell limit orders are now allowed to be set 500% away from the current market price. Buy limit orders will be allowed to be entered starting at $.01.
| Stock Price | Prior Sell Limit Max | New Sell Limit Max |
| --- | --- | --- |
| $100 | $150 | $600 |
The calculation is:
(Stock Price x 500%) + Stock Price = New Sell Limit Max
We are still in the process of updating the rule for contingent orders to 500%. We are expecting that change to occur in the next few months. Stay tuned to our subreddit for additional updates. We value the feedback you are providing and are focused on updates and enhancements that are important to you.
To better clarify the new changes we removed the original post and posted with the updated calculation.

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If Fidelity transferees own 19 shares each, they'd own over 100% of the shares that should exist. This wouldn't include existing Fidelity customers or those using other platforms. Saying we own the float is a massive understatement!!! 🚀🚀🚀
=================================================================================================================================================================================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Dwellerofthecrags](https://www.reddit.com/user/Dwellerofthecrags/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nbku8x/if_fidelity_transferees_own_19_shares_each_theyd/) |
---
[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1)
[![r/Superstonk - If Fidelity transferees own 19 shares each, they'd own over 100% of the shares that should exist. This wouldn't include existing Fidelity customers or those using other platforms. Saying we own the float is a massive understatement!!! 🚀🚀🚀](https://preview.redd.it/iu114zzt0xy61.jpg?width=640&crop=smart&auto=webp&s=30a0d5316bcc955a8c69c1d6843e181f93e36da5)](https://i.redd.it/iu114zzt0xy61.jpg)
[Image Source](https://www.cnbc.com/2021/05/05/fidelity-adds-4point1-million-new-clients-in-the-first-quarter-of-2021.html) provided by [u/Meticulous](https://www.reddit.com/user/Meticulous-)

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Question about account insurance
================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Wowu812](https://www.reddit.com/user/Wowu812/) | [Reddit](https://www.reddit.com/r/fidelityinvestments/comments/ntcje0/question_about_account_insurance/) |
---
[Official Response](https://www.reddit.com/r/fidelityinvestments/search?q=flair_name%3A%22Official%20Response%22&restrict_sr=1)
Hello - I've heard rumor that for example, gme goes beyond the moon. Once the stock is sold Fidelity will automatically separate the funds into accounts so that the full amount will be federally insured. Is this accurate? If not is there process that can be set up in advance to handle a large influx of cash?
Additionally the same question(s) when transferring cash from another broker into fidelity and having all funds federally insured
---
**Answer from [u/FidelityEmilio](https://www.reddit.com/user/FidelityEmilio/)**
Hi [u/Wowu812](https://www.reddit.com/u/Wowu812/),
The FDIC deposit sweep program is available in the [Fidelity Cash Management Account](https://www.fidelity.com/cash-management/fidelity-cash-management-account/overview) and eligible retirement accounts. This program holds your uninvested cash balance in an FDIC-eligible deposit account with our participating program banks. If you have more than $245,000 in uninvested cash in your account, the program maximizes your eligibility for FDIC insurance by systematically allocating this uninvested cash across multiple program banks.
Please take a look [here](https://www.fidelity.com/why-fidelity/safeguarding-your-accounts) to learn more about our account protections and safeguards, including coverage through the Securities Investor Protection Corporation (SIPC).

71
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ROBINHOOD SMACKED WITH $65mm DISGORGEMENT PENALTY FOR FRAUDULENTLY MISREPRESENTING ITS INVESTORS
================================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/MissionHuge](https://www.reddit.com/user/MissionHuge/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ndehkt/robinhood_smacked_with_65mm_disgorgement_penalty/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
Apes, the boy from Bulgaria has officially started a gofundme. All contributions to be sequestered by the SEC for the benefit of apes.
In other news, the SEC instituted, among other enforcement actions, a cease-and-desist proceeding under file#3-20171 against Robinhood which resulted in the attached December 17, 2020 order in which RH conceded it breached its fiduciary obligation to its customers by engaging in non-disclosed and otherwise unlawful PFOF practices. In plain English, they admitted fraud.
The order imposes a $65mm penalty and sanctions against Robinhood. An additional order (not attached) was issued a few weeks back directing those amounts be set aside in a QSF administered by a court-appointed trustee for distribution to impacted apes (defined to mean Robinhood customers during the period 2015 to September 2018, when this particular fraudulent conduct was found to have occurred).
The factual findings shed light on RH's PFOF practices and underscore the nature of the present conflict as it pertains to other broker-dealers (pay attention to the CSR's).
Merits a close read and I promise you there are some good nuggets in here.
P.S. Can't change the title but pardon my pronoun glitch.
Bada bing bada boom to the moon,
MH
EDIT 1: Also attached the order of reference for the fund administration.
EDIT 2: An ape just asked me to identify my source. This confuses me greatly. My source is the document I've attached in its entirety, which is part of the litigation file materials available at [www.sec.gov](https://www.sec.gov/) under file no. 3-20171.
EDIT 3: I'm being downvoted by RH shills for posting the actual filed and entered order from the SEC. Yes, I know you would have preferred a hyperbolic narrative so you can do your thing, but there's no twisting them words. No need to be coy Roy, make a new plan Stan.
EDIT 4: Changed PPOF to PFOF. Sorry for any confusion.
<https://preview.redd.it/xxk214q57ez61.jpg?width=1700&format=pjpg&auto=webp&s=9e7c09ed12b57926581151d4c3dfcaf9dc010a9c>
<https://preview.redd.it/9swcick08ez61.jpg?width=1700&format=pjpg&auto=webp&s=5436ef51a8fb3a9e16bd1a7c42ebc7854f77a1ac>
<https://preview.redd.it/uw86q7118ez61.jpg?width=1700&format=pjpg&auto=webp&s=91b6d977418bb1b7872bc93344caafb6baf92387>
<https://preview.redd.it/t5kdnlk18ez61.jpg?width=1700&format=pjpg&auto=webp&s=34b5ba262b0b5cb6b5cc8a71a48fa0cb540bb1ce>
<https://preview.redd.it/qr60jr428ez61.jpg?width=1700&format=pjpg&auto=webp&s=0b355fe6103eab0cc829c166afb181dae54080dd>
<https://preview.redd.it/xzwr1zt28ez61.jpg?width=1700&format=pjpg&auto=webp&s=57f9a6c15226af309cd595fd9415c8a7495415c6>
<https://preview.redd.it/zku1l2c38ez61.jpg?width=1700&format=pjpg&auto=webp&s=19402eb07874ae49e9ed5b646b9d61b07c7c3ce6>
<https://preview.redd.it/0n7h29y38ez61.jpg?width=816&format=pjpg&auto=webp&s=1d3ec6401781e0d23c507ddf0654851b02fdf09b>
<https://preview.redd.it/07zb8ef48ez61.jpg?width=757&format=pjpg&auto=webp&s=bb9a34bfdd38982c743e0bd757daee51cc135778>
<https://preview.redd.it/twa8x2x48ez61.jpg?width=1700&format=pjpg&auto=webp&s=762a1b6b9191d23415efbd334dc580d37d183e2a>
<https://preview.redd.it/h0yc5wh58ez61.jpg?width=1700&format=pjpg&auto=webp&s=48901bb3df2b22bdaa467c9d9fafc3fa67c2eaaa>
<https://preview.redd.it/r9ac0o478ez61.jpg?width=1700&format=pjpg&auto=webp&s=6f94e7f95a184398475cf389435482d4349967c1>
<https://preview.redd.it/ubwhq4l78ez61.jpg?width=1700&format=pjpg&auto=webp&s=dd22f8b32fde34813116badd9bb582bf8702d8c1>
<https://preview.redd.it/tch1kga88ez61.jpg?width=1700&format=pjpg&auto=webp&s=da5f121150c9190ac8c92d56c98655f9866e686a>
<https://preview.redd.it/ezcgozs88ez61.jpg?width=1700&format=pjpg&auto=webp&s=db462dc909336d91ed3c59a02005edc95533047a>
<https://preview.redd.it/stb6s3698ez61.jpg?width=1700&format=pjpg&auto=webp&s=7e5eb38aad6282b2f11e293d0a3e6d1c911b1d54>
[ORDER OF APPOINTMENT P. 1](https://preview.redd.it/o7b11pa8cez61.jpg?width=1700&format=pjpg&auto=webp&s=ea0dbdb7000ae86dceff3ecb48f0b42f447982e7)
[ORDER OF APPOINTMENT P. 2](https://preview.redd.it/3btenxy8cez61.jpg?width=1700&format=pjpg&auto=webp&s=b8ccd51d1aed90b5416c463d798aa085eb32a511)

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IEX DIRECT ROUTING WITH TDA: Client Services > My Profile: 1) Enable Direct Routing 2) Routing, Select IEX
==========================================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/candilox](https://www.reddit.com/user/candilox/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nkt7ie/iex_direct_routing_with_tda_client_services_my/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
[![r/Superstonk - IEX DIRECT ROUTING WITH TDA: Client Services > My Profile: 1) Enable Direct Routing 2) Routing, Select IEX](https://preview.redd.it/48ho80rwha171.jpg?width=640&crop=smart&auto=webp&s=9bf1ab5bef14eac65a0aed7be7fa3329ee13e868)](https://i.redd.it/48ho80rwha171.jpg)

12
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TD Ameritrade blocking options trading for GME "due to the volatility" Are other brokers doing this?
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| Author | Source |
| :-------------: |:-------------:|
| [u/Il1Il1Il1](https://www.reddit.com/user/Il1Il1Il1/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/o9iufr/td_ameritrade_blocking_options_trading_for_gme/) |
---
[Question ❓](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Question%20%E2%9D%93%22&restrict_sr=1)
[![r/Superstonk - TD Ameritrade blocking options trading for GME "due to the volatility" Are other brokers doing this?](https://i.redd.it/sq6m8nudxz771.jpg)](https://i.redd.it/sq6m8nudxz771.jpg)

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Institutions/Brokers/Trading212/2021-06-29-PSA-for-Trading212-Apes-Here-is-What-You-Need-to-Do-Next.md Normal file
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🚨 PSA for Trading212 apes: Here's what you need to do next...
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| Author | Source |
| :-------------: |:-------------:|
| [u/salsa_sauce](https://www.reddit.com/user/salsa_sauce/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oa6cei/psa_for_trading212_apes_heres_what_you_need_to_do/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
If you haven't already seen, as of this morning, T212 are forcing customers with a General Investment account (but not ISAs) to agree to their shares being lent out.
To be clear, as I'm seeing a lot of misinformation in the comments: this ONLY applies to general investment accounts, which did not previously have their shares lent out. T212 are already known to automatically lend shares on *margin* accounts, but this only applies to "normal" share accounts with them.
Here's what I would consider doing:
1. Never give these crooks another penny of your money
2. Do not agree to have your shares lent out. If you don't agree by July 13th, T212 say you will only be able to close or reduce positions.
3. Continue to hold your existing shares with T212. Do not try and transfer, due to T212 restrictions you'll have to sell your shares and buy them back at market rate, which means you could incur a loss, and hedge funds could potentially buy back your shares to cover positions.
4. Open an account at another broker, but to be clear, do not transfer. Just use this new brokerage account for future purchases. This way, you keep your existing shares held at T212, and as long as you haven't agreed to the terms changes, they will not be lent out.
5. If you're a U.K. ape, and haven't already opened a shares ISA this financial year, open an ISA account with your chosen provider. This way your gains are tax-free, and crucially, shares cannot be lent out from ISAs.
6. Continue to buy through your new broker. Only return to T212 to close your positions when MOASS takes off (or keep your shares there for the Infinity Pool)
Many T212 users seem to be in the U.K., for those people I would recommend Interactive Investor (no known restrictions), or Freetrade (max $25k per order, but they have suggested this will change). I personally wouldn't recommend Hargreaves Lansdown, as they don't offer limit orders without calling them up. *Do your own research, these recommendations are just my personal experience*.
This isn't financial advice. Good luck!

25
Institutions/Brokers/Vanguard/2021-05-14-Vanguard-Increased-their-Long-Position-in-GME.md Normal file
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It looks like Vanguard increased their long position in GME with about more 400k shares since last filing.
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| Author | Source |
| :-------------: |:-------------:|
| [u/infation](https://www.reddit.com/user/infation/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nc95v3/it_looks_like_vanguard_increased_their_long/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
[Their previous 13F-HR filing from Feb.](https://www.sec.gov/Archives/edgar/data/102909/000110465921021334/xslForm13F_X01/infotable.xml)
<https://preview.redd.it/gsntjmrfc3z61.png?width=2557&format=png&auto=webp&s=7cc3b7da20b1dd2d5fc8e7c92da13c241cdf9f9c>
[Current 13F-HR from report that came out a few minutes ago.](https://www.sec.gov/Archives/edgar/data/102909/000110465921066511/xslForm13F_X01/infotable.xml)
<https://preview.redd.it/kv5g99nqc3z61.png?width=2557&format=png&auto=webp&s=5117b8f643c8d55e3a51aa5575357321d7554ac9>
Vanguard fucks.
Edit: ~~They bought those shares between 1st January and March 31. Which means they are also bullish as fuck even with GME being at highest levels during that time frame.~~
Edit2: Some people have said that ETF weighing is responsible for the increased shares. I am not too knowledgeable about that matter so I cannot comment too much. However, the fact (unless they misreported) is that VANGUARD GROUP INC owns more GME shares than the previous filing. Would love some more wrinkled brain to shed some light into this.

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Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!
======================================================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Dutchie_PC](https://www.reddit.com/user/Dutchie_PC/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nj4knk/preparing_your_etoro_account_for_the_incoming/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
Good morning EuroApes, good morning BritApes, good morning international Apes!
As your self-appointed patron saint of *les miserables* confined to trading on eToro, I present you this five-step checklist to make sure your eToro Account is all set for our trip to Tendietown. Please note that I am not a financial advisor, and none of this should be interpreted as financial advice.
Get your favourite crayons to snack on, put your intelligent face on, and let's GO!
1\. Two-Factor Auth
[![r/Superstonk - Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!](https://preview.redd.it/12ndcti5bu071.png?width=650&format=png&auto=webp&s=61369a9f04c75169f007cf5ef1559e75c7346211)](https://preview.redd.it/12ndcti5bu071.png?width=650&format=png&auto=webp&s=61369a9f04c75169f007cf5ef1559e75c7346211)
We all hate 2FA, I know. Just like cookies, they take the fun out of the internet. But please turn it on - you don't want to be caught locked out of your own account right after the rocket took off. Sounds paranoid? You bet! There's a lot at stake here, you *should* be paranoid.
Go to settings, then to Account, then to Two Factor Authentication.
2\. Private Profile
[![r/Superstonk - Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!](https://preview.redd.it/o1ngj80jbu071.png?width=650&format=png&auto=webp&s=311125d5f80b36caddc91bfdc3abb4815b9aa66c)](https://preview.redd.it/o1ngj80jbu071.png?width=650&format=png&auto=webp&s=311125d5f80b36caddc91bfdc3abb4815b9aa66c)
People with private profiles inserting themselves in eToro discussions are frowned upon. Well, fuck that. You don't need eToro's poorly-moderated community posts: Superstonk is your home! Protect your identity ahead of the MOAS(S), set your profile to private.
Go to settings, then to Privacy, and uncheck the two boxes for Public Account and Full name.
3\. Your Account Manager
[![r/Superstonk - Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!](https://preview.redd.it/usdyyfu9cu071.png?width=650&format=png&auto=webp&s=f3a61b03b4b7e82de0ece3b84ed021b67839795d)](https://preview.redd.it/usdyyfu9cu071.png?width=650&format=png&auto=webp&s=f3a61b03b4b7e82de0ece3b84ed021b67839795d)
Now, I am not sure whether everyone has access to an Account Manager. I think this is tied to how much $€£ you're working with. But if you *do* have access to this feature, go ahead and introduce yourself. They respond quicker than Customer Support.
For this you need to visit Club Dashboard, which you should find above 'Invite Friends'.
4\. Keep records
[![r/Superstonk - Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!](https://preview.redd.it/milmz6pscu071.png?width=650&format=png&auto=webp&s=ebe07b2991deff103a2c60598fbe57cae2abfc55)](https://preview.redd.it/milmz6pscu071.png?width=650&format=png&auto=webp&s=ebe07b2991deff103a2c60598fbe57cae2abfc55)
I don't trust any broker, and neither should you. Again, there's a lot at stake here. Fuckery may be afoot. Screenshots are good, but Account Statements are better. Download these regularly, you might need those docs one day. No need to read them: Just download, back up, done.
Go to settings, then to Account, scroll down to Account Statement, click View, fill out the dates.
(*Tip: I do this once a week, and my start date is always 24.01.2021, the day before I first bought GME)*
5\. No SL/TP!
[![r/Superstonk - Preparing your eToro Account for the incoming MOASS: An easy 5-Step checklist for Apes, with pictures!](https://preview.redd.it/qepra21ddu071.png?width=650&format=png&auto=webp&s=49dc924d7e03789ff303569d6fd094f7afea3d34)](https://preview.redd.it/qepra21ddu071.png?width=650&format=png&auto=webp&s=49dc924d7e03789ff303569d6fd094f7afea3d34)
You didn't think your clogs-wearing Ape would sign off without emphasising the most important, did you? Check every single position, including That Movie Stock if you hold any, and be sure Stop Loss and Take Profit are turned OFF. Not zero, not 1000%. OFF!
Go to your portfolio, click on the name of a stock or the little gear, check your settings.
--
Alright Apies, I hope this little guide serves you well. Let me know if you have any questions, and please do call me out when I missed something. Remember the MOAS could start tomorrow, on the 10th of June, or in a couple of months. No matter what, hedgies are fukt and shorts must be covered.
Keep the faith, buy and hodl, think of an exit strategy when you are selling on the way down. I will now tend to my tulips and I wish you all a wonderful Sunday.
APES TOGETHER...!!