RE: Price11 Jul 2025 12:03
The reason that some brokers can't provide trading in TIR is because it is also listed on the ASX. Because of this trades cannot be settled through CREST which for example HL solely uses. The CREST system allows trades to be settled in electronic form: This is from a customers services agent, to me, a couple of weeks ago:
"CREST allows shareholders and bondholders to hold assets in a dematerialised stock, i.e. electronic form, rather than holding physical share certificates."
"Overseas markets can often use a different settlement system that," (HL), " is not party to, so this means we’re unable to trade a stock on behalf of our clients."
The fact that you can't trade it on some Uk platforms doesn't mean that TIR as a share is dodgy. We know about people who try to drag SP's down on social media & blog boards...
Gidrae has already pointed out that there are other mediums to trade it through. No point banging your head against a brick wall and trying to change something you can't, accept it and move on, you just need to set up another account. It's legal now to split up your 20k ISA allowance across different platforms.
IG provides trading in TIR, that's where I hold TIR. GLA