4 ms·

I have a comment from earlier today on another post that I think is accurate enough: https://news.ycombinator.com/item?id=25958644 https://news.ycombinator.com/

• LatteLazy 6y ago
  Thanks! Kudos on the excellent comment. So the root issue is a mix of more users, more trading and more people going long, all of which increase their capital requirements. It makes perfect sense now why Robinhood are having issues now. I’m surprised they haven’t cancelled promotions or delayed letting people use proceeds from sales. Do you know if that’s permitted? I was surprised when they started dicking about with what people could trade. That seemed very suspicious to me. But if they’re worried about new users piling in and all grabbing 1k of GameStop, I can see how only a small bump in users sucks up all their spare cash.