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In this case, it has nothing to do with trading on margin and everything to do with Robin Hood having to cover 10% with the NSCC per the Dodd-Frank rule. [0] [
by disgrunt 6y ago
In this case, it has nothing to do with trading on margin and everything to do with Robin Hood having to cover 10% with the NSCC per the Dodd-Frank rule. [0]
[0]: https://www.zerohedge.com/markets/cash-strapped-robinhood-scrambles-raise-1-billion-rich https://www.zerohedge.com/markets/cash-strapped-robinhood-sc...
- infinite8s 6y agoApparently DTCC raised that to 100% for a few of the meme-stocks (GME).