The Dispatch Education April 5, 2026 7 min read

What is STRIKE? The Exact Moment Retail Investors Can Trade

STRIKE fires the instant a newly listed stock's opening auction completes and retail orders can execute. This is the moment the stock has a public price.

What is Bellipo

Bellipo is the first platform built entirely around the IPO lifecycle — from S-1 filing to first trade, lockup expiration, and beyond. We deliver real-time pipeline tracking, AI-powered S-1 briefs, and proprietary demand scoring, plus precision alerts: PING fires when pricing becomes official — typically the evening before trading, occasionally the morning of, always before the open — carrying the final offer price. STRIKE fires the instant the first trade prints. Retail investors get to prepare for IPO day with the same intelligence institutions take for granted.

Learn more

The Problem STRIKE Solves

When an IPO opens for trading, there's a window where only the designated market maker and institutional participants are active — the opening auction. Retail investors can place orders, but those orders don't execute until the auction completes and continuous trading begins. STRIKE marks that exact transition.

How STRIKE Works

Bellipo monitors the exchange feed for the first continuous trade after the opening auction. The moment it detects a completed auction and an executable retail price, STRIKE fires. No delay. No 5-minute lag. The instant retail can trade, you know.

Track every IPO from filing to first trade — and beyond

IPO Lifecycle Management (ILM)

Reserve Your Spot

Founding spots are limited · No credit card

The 3.5-Hour Gap

On average, IPOs take 3.5 hours after market open to begin continuous trading. That means if you set a market-open alarm for 9:30 a.m., you're sitting idle until 1:00 p.m. on average. STRIKE eliminates the guesswork — you get one alert when your order can actually fill.

STRIKE in Practice

When Figma went public, continuous trading started at approximately 1:59 p.m. ET. A STRIKE alert would have fired at that exact moment. No refreshing. No guessing. One notification — the stock is now tradeable.

Try It Free

Create a free Bellipo Terminal account to experience STRIKE alerts on every IPO in the pipeline. No credit card required.

Track every IPO from filing to first trade — and beyond

IPO Lifecycle Management (ILM)

Reserve Your Spot

Founding spots are limited · No credit card

IF

Written by

Isam Fathi

Founder & CEO, Bellipo

Building the IPO Command Center — so retail investors walk into IPO day with the same intelligence institutions take for granted.

Follow @bellipohq

The IPO Command Center

Don't watch the next IPO from the sidelines.

Track every IPO from S-1 filing to first trade. PING fires when pricing becomes official — typically the evening before trading, occasionally the morning of, always before the open — carrying the final offer price. STRIKE fires the instant the first share trades. Walk in ready, not reacting. Bellipo doesn't stop at the open — ORBIT follows the post-IPO window where the base forms. This is IPO Lifecycle Management (ILM).

Reserve Your Founding Spot

Founding spots are limited · No credit card

Share via 𝕏LinkedInWhatsApp