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That's not quite correct. The clearing house demanded more collateral from Robinhood based on market volatility, not specifically to trade GME. Robinhood negoti
by kareemsabri 4y ago
That's not quite correct. The clearing house demanded more collateral from Robinhood based on market volatility, not specifically to trade GME. Robinhood negotiated less collateral by locking buying of GME, a highly volatile security. There is no other way to say it than that Robinhood locked trading of GME.