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This was happening with people's "instant deposit" which is actually margins. The problem is that it only initiates and covers an actual cash deposit, making pe
by nixor111 6y ago
This was happening with people's "instant deposit" which is actually margins. The problem is that it only initiates and covers an actual cash deposit, making people think it's a cash buy.
The reason it looks like a normal order is because it Robinhood makes it look like one, as it becomes a cash purchase once the funds and purchase settle