3 ms·
There's also an article supporting my points that sometimes there are restrictions (fine print) that stop trading. From: https://www.theverge.com/2021/1/28/222
by egwor 6y ago
There's also an article supporting my points that sometimes there are restrictions (fine print) that stop trading.
From:
https://www.theverge.com/2021/1/28/22255031/robinhood-gamestop-stop-purchases-reddit-wsb-stock-market https://www.theverge.com/2021/1/28/22255031/robinhood-gamest...
Quote:
As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment,” the post argues. “To be clear, this was a risk-management decision, and was not made on the direction of the market makers we route to.”