Disadvantages of day trading with Trade Republic?
Since March I have been trading with my TR and Comdirect accounts on a much larger scale than before. I favor TR because of the clarity of the app and the low costs.
For some positions, I have seen in comparison that I can buy cheaper with Comdirect compared to what TR picks up via the spread.
But in my experience, this is only worthwhile for larger positions. It is also offset by the advantage of TR that you can simply buy parts of shares with X amount.
Yesterday, however, I had my doubts. According to my investment plan, it was time $EL (+1,98 %) to cash out. The timing was good, as the share was finally in the black. However, the app showed me that the share had been suspended from trading at Lang & Schwarz.
Today, of course, the share price is down.
I couldn't find out what the reason for this was. As far as I know, there was no public holiday in France. The annual general meeting was on May 24, days ago. The news shows nothing.
Have I missed something?
And is TR's exclusive relationship with Lang & Schwarz a major disadvantage?
Would appreciate opinions from experienced traders here at Getquin. 🙏
P.S. I don't think it has anything to do with the timing of the dividend payout:
https://www.essilorluxottica.com/en/newsroom/press-releases/2024-annual-shareholders-meeting/
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