Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

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_...



You would have thought that article had mentioned that, wouldn't you?


It 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.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: