from Hacker News

TD Ameritrade, Webull, and public.com join Robinhood preventing stock purchases

by Dem_Boys on 1/28/21, 5:48 PM with 18 comments

  • by gmethowaway on 1/28/21, 6:12 PM

    Interactive Brokers restricting as well. https://twitter.com/IBKR/status/1354792600004386818 But not as they say in the twit, but even buying stocks w/o margin is blocked.

  • by jzer0cool on 1/28/21, 10:00 PM

    Tell me which platform allows me to make my own decision without any restriction ...

    Also, restricting trades I do not think is good for the market. Eventually all will stabilize. With less trades this is less volume in the market (overall) and I'm what would come of this.

  • by jzer0cool on 1/28/21, 10:03 PM

    > In the article: "Individual investors are being stripped of their ability to trade on [the Robinhood app]. Meanwhile, hedge funds and institutional investors can continue to trade as normal."

    w.t.f?

    So like the 2009 crash, let's see how to screw again the retail investors?

  • by Dem_Boys on 1/28/21, 5:49 PM

    The article doesn't mention public.com but they've announced it on their twitter: https://twitter.com/public/status/1354826467184578571

  • by missedthecue on 1/28/21, 5:49 PM

    Market makers don't want to assume this kind of risk. People need to stop pushing the baseless narrative that this is a conspiracy