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You’re assuming this, right? Like, they haven’t said it, and have said on TV twice that this decision wasn’t related to liquidity. To be clear, I agree with t
by FemmeAndroid 6y ago
You’re assuming this, right? Like, they haven’t said it, and have said on TV twice that this decision wasn’t related to liquidity.
To be clear, I agree with this assessment, but they’re being anything but clear about it, which as a user, has me even more worried.
- tptacek 6y agoThey reported this morning that their clearing costs 10x'd, and it was reported in the NYT and (I think?) WSJ yesterday. Further, other retail brokerages and clearing brokerages unrelated to Robinhood reported the same thing.