What is the Secondary Transfer Feature (STF)?

The Secondary Transfer Feature, or STF for short, allows investors to place sell and buy orders for securities they have previously purchased through Netcapital.

The Secondary Transfer Feature (STF) is a beta feature that Netcapital offers. If you own securities by investing in a company that has raised on Netcapital but would like to sell the shares, you can place a sell order on the STF. From here, other investors who are interested can purchase them by placing buy orders.

However, there are some restrictions to selling on the STF, including one-year holding guidelines, which you can learn more about here.