Halting of trading on exchanges is normal. Fair and reasonable.
Nobody is at a disadvantage, it is equal to everyone and designed to take time out and allow news to get digested. So everyone can make choices.
If someone was working for a few hours. How would they know the stock dropped 25%
So thensecurity gets halted via circuit breakers. Every exchange has their rules and parameters. But generally they are 7% ,, 13% and 20%
Each circuit breaker , triggers a period of time. And it is progressive. And if the 3rd circuit breaker is hit before a certain time or within a certain time the stock stops trading for the day.
What robinhood , interactive brokers , Merrill Lynch, td aneritrade did today by not allowing the purchase of gamestop was very wrong. Possibly illegal. But probably within the fine print.
Robinhood is considered the joke of the industry so nobody should be doing business with them since 2019. Stock trades are $0 now a days. And robinhood doesn't have customer service.... the whole company is a joke to begin with. They are fisher price
Could you give examples of the misinformation you're seeing? I'm sure there are plenty of people here up for a broker AMA.
I'm just here to stick it to anything Bernanke touches.
Halting of trading on exchanges is normal. Fair and reasonable.
Nobody is at a disadvantage, it is equal to everyone and designed to take time out and allow news to get digested. So everyone can make choices.
If someone was working for a few hours. How would they know the stock dropped 25%
So thensecurity gets halted via circuit breakers. Every exchange has their rules and parameters. But generally they are 7% ,, 13% and 20%
Each circuit breaker , triggers a period of time. And it is progressive. And if the 3rd circuit breaker is hit before a certain time or within a certain time the stock stops trading for the day.
What robinhood , interactive brokers , Merrill Lynch, td aneritrade did today by not allowing the purchase of gamestop was very wrong. Possibly illegal. But probably within the fine print.
Robinhood is considered the joke of the industry so nobody should be doing business with them since 2019. Stock trades are $0 now a days. And robinhood doesn't have customer service.... the whole company is a joke to begin with. They are fisher price
Who should we use instead of robin hood?
I use Fidelity. I use them because that's who my 401k is with and its convenient for me to see everything in one place.
They are highly rated and very honest