If this is any indication of the IBIPO
- Thread starter mde2004
- Start date
It looks like most people were allocated 25-30% of requested shares (rounded to the nearest 100) of the size they bid for.
There was most likely a huge number of bids at $30 so to fill everyone at $30 and above equally percentage-wise, everyone had a reduced number of shares.
The good thing about this is that IBKR should never see the actually IPO Price of $30 since there is still 70% of unfilled shares that people were willing to pay at this price.
I'm holding my shares for the long-term (1-2 years). One of biggest mistakes of last year was not holding ICE longer and selling it for a 5 point (10%) gain at 58.
There was most likely a huge number of bids at $30 so to fill everyone at $30 and above equally percentage-wise, everyone had a reduced number of shares.
The good thing about this is that IBKR should never see the actually IPO Price of $30 since there is still 70% of unfilled shares that people were willing to pay at this price.
I'm holding my shares for the long-term (1-2 years). One of biggest mistakes of last year was not holding ICE longer and selling it for a 5 point (10%) gain at 58.
The IBIPO auction for Interactive Brokers Group, Inc. has been completed. The offering price has been set at $30.01 and 40,000,000 total shares are being offered. All auction participants with valid bids at or above the offering price will receive shares.
Because your bid was below the offering price, you will not be allocated any shares.
Because your bid was below the offering price, you will not be allocated any shares.
Quote from itmediaco:
The IBIPO auction for Interactive Brokers Group, Inc. has been completed. The offering price has been set at $30.01 and 40,000,000 total shares are being offered. All auction participants with valid bids at or above the offering price will receive shares.
Because your bid was below the offering price, you will not be allocated any shares.
The thing should also read that people who received shares got less than 1/3rd of what they wanted= high demand tomorrow