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It wasn't only Robinhood. > Bad Brokers - Restricted purchasing of certain tickers E-Toro - Proof E-Trade - Proof Ally - Proof Public.com - Proof Merrill E
by napier 6y ago
It wasn't only Robinhood.
> Bad Brokers - Restricted purchasing of certain tickers
E-Toro - Proof
E-Trade - Proof
Ally - Proof
Public.com - Proof
Merrill Edge - Proof
IG Broker - Proof
Trade Republic - Proof
Webull - Admitted they were forced to by clearing firm - Clearing firm is Apex - They'll be moved to neutral once they publicly confirm Apex was sole reason the trades were restricted.
Neutral Brokers - Restricted trading, publicly naming their intermediary
Freetrade - Proof, blames Barclays - CMO Interview - CMO Tweets
M1 Finance - Proof - Blames Apex Clearing
Trading212 - Proof - re-enabled, caused by intermediary - Intermediary is IB
Tastyworks - Proof, blame Apex Clearing
Stash - Proof, blamex Apex Clearing
TD Ameritrade/Canada - Proof - Proof2 - (Margin requirements increased, Covered call and short put orders may only be placed with a broker and support times are > 2h, other trades restricted) - Neutral because they didn't restrict the purchase of stocks with cash.
Source: https://www.reddit.com/r/stocks/comments/l8rhr3/weekend_gme_thread_homework_for_all_lets_stop/ https://www.reddit.com/r/stocks/comments/l8rhr3/weekend_gme_...
- DangerousPie 6y agoYou would have thought that article had mentioned that, wouldn't you?
- napier 6y agoIt mentions it in passing, at the end, with a spin on the facts. The article glosses over the connections that the brokerage clearing houses have with hedge funds that likely have potentially painful short exposure. It also glosses over the consequences of making shares in certain companies sell order only. It's not a very good or balanced article.