Using Hargreaves Lansdown to invest in SPAC
Using Hargreaves Lansdown to invest in SPAC
Author
Discussion

NorthDave

Original Poster:

2,538 posts

261 months

Monday 15th February 2021
quotequote all
I'm currently on hold with HL who would be the obvious people to answer this....

Does anyone know why I can not invest in a NYSE listed SPAC with HL? I search on the deal tab and it wont show me the SPAC at all.....

Assuming they wont allow it can anyone offer advise on the easiest (or best) way to do this?

Mazinbrum

1,367 posts

207 months

Monday 15th February 2021
quotequote all
Which SPAC is it?

NorthDave

Original Poster:

2,538 posts

261 months

Monday 15th February 2021
quotequote all
Mazinbrum said:
Which SPAC is it?
I'd rather not say :-)

If I search NYSE:XXXX it shows up though so I assume it's listed on the exchange?

Mazinbrum

1,367 posts

207 months

Monday 15th February 2021
quotequote all
Yeah should be, I was going to look it up to see if it’s available on interactive investor, you could try IG or Trading 212.

NorthDave

Original Poster:

2,538 posts

261 months

Monday 15th February 2021
quotequote all
Mazinbrum said:
Yeah should be, I was going to look it up to see if it’s available on interactive investor, you could try IG or Trading 212.
Thanks! I was expecting some grief for not naming :-)

Edit to add it doesn't show on interactive investor but does show on Trading 212. Weird!

Edited by NorthDave on Monday 15th February 21:17

Meeten-5dulx

3,346 posts

85 months

Monday 15th February 2021
quotequote all
NorthDave said:
Mazinbrum said:
Yeah should be, I was going to look it up to see if it’s available on interactive investor, you could try IG or Trading 212.
Thanks! I was expecting some grief for not naming :-)

Edit to add it doesn't show on interactive investor but does show on Trading 212. Weird!

Edited by NorthDave on Monday 15th February 21:17
Why not just buy it via T212?

I’d be interested in knowing which SPAC....

anonymous-user

83 months

Monday 15th February 2021
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There's a form you need to complete to trade us stocks. Can't remember the name, but if you haven't completed it, you can't deal.

Not all brokers list SPACs before they flip though.

Interactive investor seems to do them all

BigAl77

102 posts

191 months

Monday 15th February 2021
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weebaws said:
There's a form you need to complete to trade us stocks. Can't remember the name
W8

NorthDave

Original Poster:

2,538 posts

261 months

Tuesday 16th February 2021
quotequote all
weebaws said:
There's a form you need to complete to trade us stocks. Can't remember the name, but if you haven't completed it, you can't deal.

Not all brokers list SPACs before they flip though.

Interactive investor seems to do them all
I've done a W8 before so I suspect you are right that they wont allow it before they flip. Bit of a pain as I would rather keep everything in one place than open yet another account....

Pistonheader101

2,206 posts

136 months

Tuesday 16th February 2021
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Used ii?