What is Anthropic, and where will it trade?
Anthropic, PBC is the artificial intelligence company behind Claude. It has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker ANT.
Anthropic announced a proposed IPO price range of USD 70 to USD 78 per share on 10 November 2026. The final offer price is pending. The price you pay once ANT starts trading may be higher or lower than the IPO price.
Can I buy ANT at the IPO price through Syfe Trade?
No. Syfe Trade does not offer a direct IPO allocation for Anthropic. Orders queued through Upcoming Listings are for secondary-market trading once ANT lists.
When does ANT start trading, and what are the key timings?
ANT is expected to start trading on Thursday, 19 November 2026, subject to confirmation. If it lists on that date, the indicative schedule below applies. All times are in Singapore time (SGT).
Time (SGT) |
What happens |
Before ANT starts trading |
Once queuing opens in the Syfe app, you can queue a whole-share limit order or a market-by-value order. Syfe holds each order and submits it when it becomes eligible. |
Thursday, 19 November (Expected listing day) | |
9:30 PM |
The regular US market session opens. ANT’s first trade follows Nasdaq’s opening auction. |
11:00 PM to midnight |
A typical first-trade window for US IPOs. ANT may open earlier or later. |
At ANT’s opening trade |
Nasdaq establishes the opening price. Eligible whole-share limit orders may begin to fill. |
About five minutes after ANT opens |
Fractional-share trading is expected to become available. Syfe can then submit queued market-by-value orders once dollar-value trading is enabled. |
Friday, 20 November | |
5:00 AM |
The regular US market session closes. |
Timings are indicative and may vary depending on market conditions and order flow on listing day.
What is Upcoming Listings, and when can I queue an ANT order?
Upcoming Listings lets you place an order for an eligible stock before it starts trading. For ANT, you can queue whole-share limit orders and market-by-value orders once queuing opens in the Syfe app. Check the ANT stock page for the queue start time.
Syfe holds each order and submits it automatically when that order type becomes eligible. Whole-share limit orders may be submitted before ANT opens. Market-by-value orders are held until dollar-value trading becomes available.
Why hasn’t ANT started trading even though the US market is open?
Nasdaq runs an opening auction, called the opening cross, to match buy and sell interest and establish ANT’s first public trading price. This price-discovery process can take minutes or hours. Orders cannot execute before the opening trade.
Indicative prices may be unavailable in the app before ANT opens. Live trade prices become available from ANT’s first public trade, subject to normal data delays.
What stock order types can I choose, and how do they work?
Order type |
How it works |
Limit order (whole shares only) |
Enter the number of whole shares you want to buy and the maximum price you’re willing to pay per share. Your order can fill at that price or lower. Any unfilled portion remains subject to your order’s expiry. |
Market-by-value order |
Enter the US dollar amount you want to invest. Syfe holds your order until dollar-value trading is available. The number of shares you receive, which may include a fractional share, depends on the execution price. This will be placed after 5 mins of opening cross. |
Will my queued order definitely execute?
No. A limit order may fill in full, fill partially or remain unfilled. Even if ANT trades at your limit price, other orders may be ahead of yours or too few shares may be available. A limit order can also be rejected if its price falls outside the range accepted by the trading venue.
A market-by-value order can fill at a price that differs significantly from the last quote, especially around the opening trade or after a halt.
Can I cancel or change my queued order?
You can request to cancel the unfilled portion of an order in the Syfe app while its status is Pending or Partially Executed. The cancellation takes effect once confirmed. Check the order screen for available amendment options.
Can ANT be halted on listing day?
Yes. Sharp price moves can trigger temporary pauses under US Limit Up–Limit Down rules. Open orders generally remain pending during a halt. When trading resumes, they can become eligible to fill again, subject to their terms and any applicable limit price.
Will extended-hours or overnight stock trading be available?
Extended-hours and overnight trading are subject to market availability and trading restrictions. Check the ANT order ticket in the Syfe app for the sessions available on Syfe Trade. Where these sessions are available, only eligible whole-share limit orders can be used.
When will ANT options start trading?
ANT options are expected to start trading about two US business days after the stock lists. If ANT starts trading on Thursday, 19 November, that points to Monday, 23 November 2026, subject to confirmation by the options exchanges and the Options Clearing Corporation (OCC). Check the Syfe app for availability.
What fees apply when trading ANT?
Syfe Trade charges no commission or platform fees on US stock trades. Regulatory and exchange-related fees may still apply. See the Syfe Brokerage fee schedule.
What risks should I know before trading ANT?
- Sharp price moves. ANT has no public share-price history before listing. Its first trade can be well above or below the IPO price, and its price can move quickly.
- Wider bid–ask spreads. Limited liquidity can widen the gap between buy and sell quotes and affect the price you receive.
- Execution delays. The opening auction and any trading halts can delay fills. Limit orders may fill partially or remain unfilled.
Review Anthropic’s preliminary prospectus for information about its business, financials and risks.
