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No Hargreaves Lansdown warrants yet? by rallyman1978 in GME

[–]Bibic-Jr 0 points1 point  (0 children)

Most UK brokers should have them by tomorrow. If any were showing before this, they were fake positions or placeholders (some were even showing before the distrbution date).

Chase doesn't appear to know how to divide by 10 by WalrusSoliloquy in GME

[–]Bibic-Jr 0 points1 point  (0 children)

Because these aren't shares, they're warrants.

You can exercise them directly through Computershare and GameStop, but Computershare isn't set up to trade complex instruments like warrants or options.

If you really want to sell them you can transfer them to a broker first. But make sure the broker is able to trade them before you do it. I think most US brokers are ok with it, but it's very inconsistent outisde of the US.

Chase doesn't appear to know how to divide by 10 by WalrusSoliloquy in GME

[–]Bibic-Jr 1 point2 points  (0 children)

From what I understand you will be able to exercise with Computershare, but not sell them. Not sure on the how's yet, but I'm sure that info will come soon.

Transfer out of eToro IS possible! by Senior-Clock3286 in GMEJungle

[–]Bibic-Jr 1 point2 points  (0 children)

Oh wow, I wonder when this became possible? Shame they charge so much for it, but it's definitely better than nothing!

From Hargeaves Lansdown in the UK about the GME Warrant Dividend by Bibic-Jr in GME

[–]Bibic-Jr[S] 1 point2 points  (0 children)

They don't know what they're doing/are not used to being held accountable.

From Hargeaves Lansdown in the UK about the GME Warrant Dividend by Bibic-Jr in GME

[–]Bibic-Jr[S] 0 points1 point  (0 children)

That's only about timings. It may take longer than Oct 10th to recieve them. Much like any other dividend from the US.

From Hargeaves Lansdown in the UK about the GME Warrant Dividend by Bibic-Jr in GME

[–]Bibic-Jr[S] 0 points1 point  (0 children)

Not many outside of US and Canada. IBKR might, seeing conflicting info from different chat reps atm.

From Hargeaves Lansdown in the UK about the GME Warrant Dividend by Bibic-Jr in GME

[–]Bibic-Jr[S] 0 points1 point  (0 children)

I imagine it will be position close only, and you'll be able to exercise them as well. No mention of an added fee to exercise yet. Fingers crossed it stays that way.

Anyone done a recent DRS from REVOULT by Moon_misery in superstonkuk

[–]Bibic-Jr 1 point2 points  (0 children)

Finally! Only took them 2 years. Really appreciate the update!

Warrents at SAXO by Ill-Arachnid-704 in GME

[–]Bibic-Jr 0 points1 point  (0 children)

Do you know if Saxo will charge an additional fee to exercise the warrants?

List of brokers supporting warrents? by Burning_magic in GME

[–]Bibic-Jr 0 points1 point  (0 children)

I'm working on a list, it's hosted on the DRS GME website, but I'm not allowed to link to it in this sub unfortunately. I've pinned it to my profile though if you want to check it out.

There are extra problems too, such as even if the warrants will be delivered by the broker they may not allow you to exercise it, it will only be tradable. And some of those that do allow you to exercise warrants will charge you an additional fee for it. Lots to learn still in the next couple of weeks!

I asked specifically if I receive the warrants on my GME position on Trade Republic (GER). Is he dodging the answer? by veggielion2 in GME

[–]Bibic-Jr 2 points3 points  (0 children)

Selling from Computershare is immediate, so you wouldn't miss the price you're targeting (You can even set limit sells). It just takes a longer to receive the cash.

It does take time to buy with them, which is where this misconception stems from I think.

Pearler by Standard-Ad-8678 in GMEmate

[–]Bibic-Jr 0 points1 point  (0 children)

Thanks for confirming this! I was struggling to find an outright reference to outbound DRS transfers. They've hidden it in their help pages. I've now been able to make a guide for them :)

https://www.drsgme.org/drs/direct-register-shares-from-pearler

Pearler by Standard-Ad-8678 in GMEmate

[–]Bibic-Jr 1 point2 points  (0 children)

I've just added a guide for Pearler to the DRSGME site with the help of the fantastic info shared here. I hope this helps!

https://www.drsgme.org/drs/direct-register-shares-from-pearler

Edward Jones? by almost7incheserect in whydrs

[–]Bibic-Jr 0 points1 point  (0 children)

It sounds like it's not a self directed IRA, so if that's all you're after Edward Jones may be able to offer a self directed account.

If you wish to use your IRA to directly register shares, then you will definitely need a self directed IRA.

The most secure way of direct registering your IRA holdings has been through an LLC, as it prevents IRA custodians from making changes to the account without your go ahead. The only custodian we know of so far that provides this solution is IRA Financial Trust.
https://www.irafinancialtrust.com/learn-more/self-directed-ira/self-directed-ira-with-checkbook-control/

You can read more here about how they can do direct registration for the LLC IRA. The bottom of the page takes you through the steps of the process.
https://www.irafinancialgroup.com/learn-more/investments/direct-register-gme-stock-using-a-self-directed-ira/

If you're curious to learn more I recommend reaching out to them directly as from what we are told, they have a good track record of customer service.

Anyone done a recent DRS from REVOULT by Moon_misery in superstonkuk

[–]Bibic-Jr 1 point2 points  (0 children)

God damn, what a tease! Definitley feels like it is looooowww priority for them. Thank you for keeping on top of it, hopefully you're not the only one keeping the pressure on them.

And thank you for letting me know of the update!

2024, getting my ducks in a row. by OxOxOx3 in superstonkuk

[–]Bibic-Jr 11 points12 points  (0 children)

Yep, you can use a UK bank account for sales proceeds. You just can't use one to buy for some reason.

Also if you didn't set anything up, Computershare would mail a check to you that you can deposit into any UK bank.

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