Reserve Price
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Ok so before VJ got injured I had him in the sell queue reserved at £10.98 which my understanding of a reserve price means he’ll sell for no less than that price right?? Yet when his priced dropped dramatically my shares had been sold off at £10.28!! Why? Not happy!
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@Barkez_86 I’ve never used the reserve price option before, but from what I hear it doesn’t work at all.
Maybe an older trader can explain better.
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Exactly as @Gregolocky2018 has explained above I’m afraid. It quite simply doesn’t work.
FI are aware of the fact it doesn’t work too so I wholeheartedly disagree with the feature remaining ‘active’.
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I wonder if FI are liable for this difference in loss?
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@NewUser731 said in Reserve Price:
I wonder if FI are liable for this difference in loss?
They should be really, if they offer something then it should work, either that or remove the function.
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Doesn't work, never has worked and I have no idea why it is an option. Contact F.I as I'm sure I've seen people on the forum say they've managed to get the difference refunded.