Once the shares are allocated into the account and the symbol has begun trading on the public exchanges, the shares can be sold. There are no restrictions on selling the shares received via an US IPO.
When can the shares received through an IPO allocation be sold?
Powered by IBot
Does Interactive Brokers support participation in every IPO?
Are shares received through the IPO eligible for the Stock Yield Enhancement Program?
Can additional shares be purchased in the open market once the shares have begun trading?
Is there any restriction on lending stocks which are trading in the secondary market following an IPO?