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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by JumpCrisscross on Thursday January 28, 2021 @12:01PM (#25944886)
> If their customers - the firms that pay them, not app users - see the RH platform as a threat to their business

This point has been made repeatedly elsewhere but it bears repeating. Market makers are getting rich off this trading. Robinhood's customers are not hurting from this.

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by madenine on Thursday January 28, 2021 @12:08PM (#25944980)
Point taken.

Still, as far as risk to RH is concerned - if this kicks off a change via their customers, regulators, or legal action the change is probably not in their favor.

[ Parent | on HN ]