Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by AndrewBissell on Thursday January 28, 2021 @01:37PM
(#25946668)
I mean, we can see that this idea that the stock is too risky to quote is not true because there is a two-sided market in it right now, which can be traded on multiple platforms. The only actually existing peculiarity here is that Robinhood is not allowing customers in possession of 100% margin to open a new long position.
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by JumpCrisscross on Thursday January 28, 2021 @02:21PM
(#25947490)
> we can see that this idea that the stock is too risky to quote is not true because there is a two-sided market in it right now
On exchanges. Those are buyers and sellers as well as market makers. Robinhood connects to a subset of the latter.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by whimsicalism on Thursday January 28, 2021 @02:57PM
(#25948129)
> Those are buyers and sellers as well as market makers.
Nope, pretty much just market makers.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by whimsicalism on Thursday January 28, 2021 @02:08PM
(#25947265)
Hopefully others realize that downvotes on HN do not change the reality of how market makers function.