Re:Class Action Lawsuit Filed Against Robinhood
by Tenoke on Thursday January 28, 2021 @03:27PM
(#25948577)
Fair enough. If it was all margin calls from accounts bellow the limit that's acceptable but if they liquidated everything on margin that would still be pretty questionable.
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Re:Class Action Lawsuit Filed Against Robinhood
by betterunix2 on Thursday January 28, 2021 @03:51PM
(#25949004)
Not that questionable when volatility is extreme. The risk that the price is dramatically lower when the market opens tomorrow may be too large, and they would rather not be stuck with their customers' debt when that happens.