3 ms·
https://www.loyal3.com https://www.loyal3.com kinda does the same thing and it's live now. It works with the companies to provide fee-free stock for longish te
by seiji 13y ago
https://www.loyal3.com https://www.loyal3.com kinda does the same thing and it's live now. It works with the companies to provide fee-free stock for longish term buy-in. Plus, you don't have to be an institution to grab some IPO fluff. Plus, for non-recurring purchases you can fund with a credit card.
(You can't execute a trade at any given time during the day. You put in "Buy $100 worth of AAPL" and they execute it at the end of the day. Same with sell orders.)
- Barraketh 13y agoReally liking Loyal3. The ability to buy into an IPO at the same price as institutional investors is actually pretty cool. As a data point, IPOs priced in the last couple months closed their first day of trading 34% higher[1] than underwriter pricing. 1. http://www.renaissancecapital.com/ipohome/pricings/priced.aspx http://www.renaissancecapital.com/ipohome/pricings/priced.as...