Investing in U.S. stock IPOs through an investment platform in Singapore Tiger Brokers offers a convenient way for retail investors to access shares of companies going public. This blog will explain how you can subscribe for U.S. stock IPOs using Tiger Brokers and the important details to keep in mind throughout the process.
How to Subscribe for U.S. Stock IPOs
Tiger Brokers offers an intuitive platform where investors can participate in U.S. stock IPOs. The platform ensures a smooth process for both experienced and new investors:
Check IPO Availability: Keep track of new U.S. stock IPOs announced by Tiger Brokers. The platform provides notifications with detailed information about upcoming IPOs, including subscription dates.
Use Cash or Purchasing Power: To subscribe to an IPO, you can use either the cash available in your account or your purchasing power (for those with a Margin Account). Currently, Tiger Brokers does not support financing for IPO subscriptions.
Submit Your Subscription: Once you’ve chosen an IPO, submit your subscription through the Tiger Brokers app. Be sure to enter the number of shares you wish to subscribe to and confirm your order.
Wait for Allocation: After submitting your subscription, the underwriters will allocate shares based on demand and availability. You will be notified of your allocation once the subscription period has closed.
When is the Subscription Opening and Closing Date?
Each IPO has a unique subscription period that aligns with the company’s roadshow schedule. It’s essential to pay attention to the specific dates for each IPO to ensure you don’t miss the opportunity.
Key Timelines to Note:
The subscription period for U.S. stock IPOs is typically short.
Based on previous IPOs, subscriptions generally open 3-5 days before the listing of new shares.
Subscriptions usually close 1-2 days before the listing date.
In some cases, the subscription time can be as short as 1 day or as long as 3-4 days.
Please be aware that under certain conditions, the underwriters may close or extend the subscription period. Keeping an eye on the platform for updates is crucial during this time.
Conclusion
The ability to subscribe for U.S. stock IPOs through Tiger Brokers provides a unique opportunity for retail investors to access new offerings. However, it’s important to stay informed about the opening and closing dates for each IPO and ensure your subscription is submitted on time. By following the simple steps outlined above, you can navigate the process with ease.
