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This explanation is unsatisfactory. If clearing stock trades were the problem, RH could have limited buy orders to fully cash-secured transactions only.
by totalZero 6y ago
This explanation is unsatisfactory. If clearing stock trades were the problem, RH could have limited buy orders to fully cash-secured transactions only.
- TheKarateKid 6y agoOr restricted accounts whose cash transfers didn't settle yet.
- Confusion 6y agoTheoretically, yes. In practice their UI simply may not have that option and you don’t just build something like that reliably on such short notice.