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This would be a great justification to pause this trading for all clients. The challenge is they didn't limit access for institutional while limiting access for
by DesaiAshu 6y ago
This would be a great justification to pause this trading for all clients. The challenge is they didn't limit access for institutional while limiting access for retailers. This discrepancy is core to the feeling that Robinhood is supporting the financial establishment over their community of traders.
- shukantpal 6y agoSo you’re saying institutional investors using Robinhood could trade $GME?
- cbozeman 6y agoInstitutional investors don't use Robinhood. But yes, they were able to buy & sell $GME. However, anyone with a Fidelity account could also. Fidelity has the liquidity to handle a system shock, unlike Robinhood / Webull / various others.