Jan. 17 at 12:01 AM
$NNDM So I emailed Schwab & asked why need to use broker to place buy order on NNDM. Here’s the reply. . .
Thank you for reaching out.
There are some symbols that can only be opened by a broker due to some additional disclosures and verification needed. When we detect trading patterns or activity that could be considered potentially problematic, trades for those symbols are required to be placed by a broker until the trading activity is more normal. Some things that could potentially cause this include increased volatility, wide price swings, or potential trading halts that could impact the ability to exit the position.
We are happy to place the trade for you over the phone or through live chat if you receive this message on a trade you are trying to place.
Best regards,
Gabe DeWerff
Trader Electronic Communications Representative
Client Service & Support
1-800-435-4000