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Did TD Ameritrade, Charles Schwab, and Interactive Brokers face liquidity issues as well?
by smnrchrds 6y ago
Did TD Ameritrade, Charles Schwab, and Interactive Brokers face liquidity issues as well?
- _whiteCaps_ 6y agohttps://twitter.com/Wealthsimple/status/1354860658723086338 https://twitter.com/Wealthsimple/status/1354860658723086338 WealthSimple is not restricting trades, but displays warning banners about GME: "GME is considered risky. Traders should expect high volatility. If you do choose to place an order, use a limit order with a set price."
- adrr 6y agoThey should turn off market orders for the stock. Treat it like after hours where volume is limited and stock is volatile.
- llbeansandrice 6y agoI don't know about the others, but TD Ameritrade did restrict trading (maybe just buying as well) but only if you were buying on margin. RH is getting ire because they restricted buying for everyone.
- gmethowaway 6y agoInteractive Brokers blocked buying GME stock in non margin accounts. What I hear from twitter the same was for RH.
- dannyw 6y agoCorrect. If you are in Australia, file a complaint and then escalate to AFCA. This violates the Market Integrity rules which applies to IBKR Australia.
- deleted 6y ago[deleted]
- bunnyfoofoo 6y agoOn TD Ameritrade, I had no issues buying and selling (in cash) shares of GME today. I did have to call a broker to sell covered NOK calls though as those gave errors when trying to open the position myself in thinkorswim.
- cush 6y agoBig difference between halting or restricting volume and preventing a long...
- fma 6y agoI have Merrill Edge and for whatever reason they blocked buying GME shares...