Top 25 Most Traded Stocks & ETFs by Investors at Firstrade in May

Here’s the full list of top favored stocks and ETFs among Firstrade investors in the last month:

1. NVIDIA Corporation (NVDA)

2. Tesla Inc. (TSLA)

3. Apple Inc. (AAPL)

4. Super Micro Computer Inc (SMCI)

5. Advanced Micro Devices, Inc. (AMD)

6. Direxion Daily Semiconductor Bull 3X Shares (SOXL)

7. GraniteShares 2x Long NVDA Daily ETF (NVDL)

8. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

9. ProShares UltraPro QQQ (TQQQ)

10. ProShares UltraPro Short QQQ ETF (SQQQ)

11. Palantir Technologies Inc (PLTR)

12. GameStop Corp (GME)

13. Faraday Future Intelligent Electric Inc (FFIE)

14. Dell Technologies Inc (DELL)

15. Microsoft Corp (MSFT)

16. Arm Holdings PLC - ADR (ARM)

17. Direxion Daily Semiconductor Bear 3X Shares (SOXS)

18. Amazon.com, Inc. (AMZN)

19. Invesco QQQ Trust Series 1 (QQQ)

20. Vanguard 500 Index Fund ETF (VOO)

21. AMC Entertainment Holdings Inc (AMC)

22. Intel Corporation (INTC)

23. iShares 20 Plus Year Treasury Bond ETF (TLT)

24. Meta Platforms Inc (META)

25. Marathon Digital Holdings Inc (MARA)

Introducing T+1 Settlement: Understanding the Shift

As of May 28th, 2024, a significant industry-wide change is underway: the transition to a one business day (T+1) trade settlement period. Currently, transactions settle two business days after the trade date (T+2).

What is T+1 Settlement?

T+1 settlement simplifies the process by which securities transactions are finalized. Put simply, if you execute a trade on a Monday, the settlement—official transfer of securities and payment—will occur on Tuesday.

Why the Change?

Driven by technological advancements and investor demand for quicker settlement times, the move to T+1 enhances efficiency and reduces certain risks associated with trading and portfolio management.

What Securities are Affected?

Stocks, bonds, exchange-traded funds (ETFs), certain mutual funds, municipal securities, Real Estate Investment Trusts (REITs), and master-limited partnerships (MLPs) traded on U.S. exchanges will transition from T+2 to T+1 settlement.

What Does This Mean for You?

• Quicker Access to Funds: With the shortened settlement cycle, you'll receive trading proceeds faster, enabling you to reinvest more promptly.

• Enhanced Trading Experience: This change provides a more seamless and efficient trading experience on our platform, allowing you to execute investment strategies with greater flexibility.

Preparing for the Change

While the transition to T+1 settlement requires no action on your part, it's essential to familiarize yourself with the new settlement timeline. Consider any adjustments to your trading, portfolio management, or tax planning strategies accordingly.

Potential Tax Implications

With T+1 settlement, investors have only one business day to make necessary adjustments to their cost basis for tax purposes. This may impact decisions related to investment costs and the calculation of capital gains or losses.

FAQs

To address common queries, we've compiled a list of frequently asked questions about T+1 settlement:

1. Will T+1 settlement affect the way I trade? For the average investor, the change is unlikely to require significant adjustments to trade execution. However, understanding the new timeline is crucial for timely decision-making.

2. How does T+1 settlement benefit investors? Shorter settlement cycles increase efficiency and security, potentially reduce risks, and offer greater convenience for specific investment strategies or tax planning purposes.

3. Are government bonds included in the T+1 settlement change? No, government bonds already settle at T+1, so there's no change for these securities.

Firstrade is here to support you at every step of your trading journey. If you have any questions or need assistance, please visit our Help Center or contact our Client Service team.

Top 25 Most Traded Stocks & ETFs by Investors at Firstrade in April

Here’s the full list of top favored stocks and ETFs among Firstrade investors in the last month:

1. Tesla Inc (TSLA)

2. NVIDIA Corp (NVDA)

3. ProShares UltraPro QQQ (TQQQ)

4. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

5. Direxion Daily Semiconductor Bull 3X Shares (SOXL)

6. Advanced Micro Devices, Inc. (AMD)

7. Apple Inc (AAPL)

8. Super Micro Computer Inc (SMCI)

9. ProShares UltraPro Short QQQ ETF (SQQQ)

10. GraniteShares 2x Long NVDA Daily ETF (NVDL)

11. iShares 20 Plus Year Treasury Bond ETF (TLT)

12. Microsoft Corp (MSFT)

13. Invesco QQQ Trust Series 1 (QQQ)

14. Vanguard 500 Index Fund ETF (VOO)

15. Micron Technology Inc (MU)

16. Meta Platforms Inc (META)

17. Intel Corporation (INTC)

18. Direxion Daily Semiconductor Bear 3X Shares (SOXS)

19. Arm Holdings PLC - ADR (ARM)

20. Marvell Technology Inc (MRVL)

21. Amazon.com,Inc. (AMZN)

22. Palantir Technologies Inc (PLTR)

23. Vertiv Holdings Co (VRT)

24. Vanguard Total Stock Market Index Fund ETF (VTI)

25. Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF)

It's Here: Start Fractional Share Trading with Firstrade Today!

Big news!

Firstrade now offers fractional share trading on both our mobile app and web platform, advancing our commitment to accessible and convenient investing.

Invest Flexibly with Minimal Investment

Start trading fractional shares of 4,000+ stocks and ETFs from just $5, commission-free. Our commitment to $0 commission ensures a more accessible and rewarding investment experience.

Customizable Trading Options

Our platform supports both dollar and share-based investing, allowing for fractional trading of high-value stocks with any budget.

Enhanced Integration with Firstrade Services

Fractional Share Trading integrates smoothly with our automatic dividend reinvestment, allowing for dividend earnings on fractional shares.

Update now to explore!

Accessing fractional share trading on our mobile app requires the latest version of the app. Ensure a seamless transition by updating your app through the above links or QR codes.

Thank you for your trust and feedback, which have been pivotal in developing new features at Firstrade. We're dedicated to enhancing our services to meet your investment needs more effectively. Your continued support is vital to our innovation journey, aimed at providing a more flexible and rewarding investment experience.

If you have any questions or need assistance as you explore this new feature, our support team is always ready to help.

Top 25 Most Traded Stocks & ETFs by Investors at Firstrade in March

Here’s the full list of top favored stocks and ETFs among Firstrade investors in the last month:

1. NVIDIA Corp (NVDA)

2. Tesla Inc (TSLA)

3. Advanced Micro Devices, Inc. (AMD)

4. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

5. Super Micro Computer Inc (SMCI)

6. Apple Inc (AAPL)

7. Direxion Daily Semiconductor Bull 3X Shares (SOXL)

8. ProShares UltraPro QQQ (TQQQ)

9. Marvell Technology Inc (MRVL)

10. Palantir Technologies Inc (PLTR)

11. GraniteShares 2x Long NVDA Daily ETF (NVDL)

12. ProShares UltraPro Short QQQ ETF (SQQQ)

13. Arm Holdings PLC - ADR (ARM)

14. iShares 20 Plus Year Treasury Bond ETF (TLT)

15. Coinbase Global Inc (COIN)

16. SoundHound AI Inc (SOUN)

17. Micron Technology Inc (MU)

18. Microsoft Corp (MSFT)

19. Invesco QQQ Trust Series 1 (QQQ)

20. Marathon Digital Holdings Inc (MARA)

21. iShares Bitcoin Trust (IBIT)

22. MicroStrategy Inc (MSTR)

23. Dell Technologies Inc (DELL)

24. Alphabet Inc Class A (GOOGL)

25. Alphabet Inc Class C (GOOG)