Robinhood is said to draw on bank credit lines amid tumult

Re:Robinhood is said to draw on bank credit lines amid tumult by DesaiAshu on Thursday January 28, 2021 @08:36PM (#25952467)

This would be a great justification to pause this trading for all clients. The challenge is they didn't limit access for institutional while limiting access for retailers. This discrepancy is core to the feeling that Robinhood is supporting the financial establishment over their community of traders.

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Re:Robinhood is said to draw on bank credit lines amid tumult by shukantpal on Thursday January 28, 2021 @10:32PM (#25953500)

So you’re saying institutional investors using Robinhood could trade $GME?

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Re:Robinhood is said to draw on bank credit lines amid tumult by cbozeman on Thursday January 28, 2021 @11:28PM (#25953918)

Institutional investors don't use Robinhood.

But yes, they were able to buy & sell $GME.

However, anyone with a Fidelity account could also. Fidelity has the liquidity to handle a system shock, unlike Robinhood / Webull / various others.

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