How do Robinhood's limit orders work for pre-IPO shares? (opens in new tab)

I am confused by Robinhood IPO access. On one side, states: We offer pre-IPO orders for a small selection of stocks, and won’t support pre-IPO orders for every company that lists on the market. These orders are limit orders only, which means we can’t guarantee your order will get filled. which sounds like it is just a regular limit order on the secondary market as some users in mentioned. But at the same time, those limit orders must be passed much before the market open according to the Robi...

Read the original article
Sign in to keep reading the full article.

Keyboard Shortcuts

Navigation

Next / previous post
j/k
Open post
oorEnter
Preview post
v

Post Actions

Love post
a
Like post
l
Dislike post
d
Undo reaction
u
Save / unsave
s

Recommendations

Add interest / feed
Enter
Not interested
x

Go to

Home
gh
Interests
gi
Feeds
gf
Likes
gl
History
gy
Changelog
gc
Settings
gs
Discover
gb
Search
/

General

Show this help
?
Submit feedback
!
Close modal / unfocus
Esc

Press ? anytime to show this help