Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by JumpCrisscross on Thursday January 28, 2021 @12:52PM (#25945697)

Let me be clear: if I were sales at Robinhood, Citadel MM is a huge client.

But Citadel MM is more likely to pull the plug on making markets in a name for risk reasons than to benefit a hedge fund position. To say nothing of the fact that Citadel got to bail out Melvin Capital, which is traditionally a profitable trade.

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by tylerhou on Thursday January 28, 2021 @12:55PM (#25945746)

I am agreeing with you that there is not much merit to a conspiracy that Citadel asked Robinhood to pull out.

In particular, I believe Citadel would gain more from continued trading on Robinhood than they would lose from their hedge fund positions.

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