News for hackers. Stuff that matters.

A comment on Analysis: Robinhood protected from lawsuits by user agreement, Congress. Parent comment

Re:Analysis: Robinhood protected from lawsuits by user agree... by pfisch on Sunday January 31, 2021 @01:11AM (#25976519)
I mean most normal brokerage accounts clearly show you when you are buying on margin and exactly how much settled cash you have to trade with. This is not unreasonable, and as far as I am aware is the status quo.
[ Parent | on HN ]
Re:Analysis: Robinhood protected from lawsuits by user agree... by kasey_junk on Sunday January 31, 2021 @06:38AM (#25978072)
Both my Vanguard and Fidelity brokerage account lets me immediately trade with funds from trades prior to them settling with the DTCC. I don’t see any indication in their GUI (maybe I’m missing it?) that the trades are anything but complete once the orders are filled.
[ Parent | on HN ]