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Sure. Make sense. There is some precedent for determining damages, and that RH are optimizing for it. How is this not also market manipulation? Lots/most of th
by dalbasal 6y ago
Sure. Make sense. There is some precedent for determining damages, and that RH are optimizing for it.
How is this not also market manipulation? Lots/most of the trades on target stocks are trading via RH. RH is restricting the access of buyers, but not sellers. How could this decision not affect/suppress prices.
I will not pretend to guess at potential liabilities of one choice or the other, but the one they made does seem to corrupt the market most.
I guess it's cliche to ask this about a financial scandal but... how is this legal? Can a broker really decide that people can either hold or sell, but not buy a stock?