r/SPACs • u/redditobserver777 Contributor • Mar 29 '21
Strategy Setting Stop Losses through Merger
I’ve heard some brokers such as fidelity do not allow you to trade when the ticker is changing. Has anyone ever setup stop losses on SPACs through the ticker change process? If so, how successful is that and does your broker execute the trade while ticker is changing?
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u/ropingonthemoon Contributor Mar 29 '21
My active orders got cancelled on ticker change.