Re:Robinhood reports 43% revenue decline
by kareemsabri on Friday April 29, 2022 @03:29PM
(#31209653)
That's not quite correct. The clearing house demanded more collateral from Robinhood based on market volatility, not specifically to trade GME. Robinhood negotiated less collateral by locking buying of GME, a highly volatile security. There is no other way to say it than that Robinhood locked trading of GME.
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