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Webull, M1, and Public all use Apex for clearing, and Apex declared a halt of buying GME; it wasn’t the brokerage’s call. The decisions by IB, TD Ameritrade, a
by ashtonkem 6y ago
Webull, M1, and Public all use Apex for clearing, and Apex declared a halt of buying GME; it wasn’t the brokerage’s call.
The decisions by IB, TD Ameritrade, and Schwab all seem pretty prudent to me. Reducing client leverage in that situation is the right move.