Almost 2,000 RobinHood Accounts Hacked

Discussion in 'Wall St. News' started by bone, Oct 15, 2020.

  1. virtusa

    virtusa


    This is hilarious!

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    #31     Oct 16, 2020
  2. narafa

    narafa

    How can RH possibly be an exchange??

    Can you buy and sell stocks on RH on a Saturday or Sunday (Where the actual exchanges are closed?)

    Let's suppose that on a Tuesday, NYSE had a technical problem and it went offline (Just a hypothetical assumption), can you still trade IBM or GE or JPM for example on this Robinhood exchange (Because their systems are up & running normally) while NYSE is non-operational?

    PS: Even Charles Schwab, IB, Tradestation, and all other brokers will be non-functional in such a case
     
    #32     Oct 16, 2020
  3. BMK

    BMK

    Dude... if you don't understand the difference between a broker and an exchange, then you really don't understand how the markets work.

    You seem to be confused by so-called crypto "exchanges." Crypto is a completely different world, with little or no regulatory oversight, and little or no protection for accountholders.

    When it comes to stocks, bonds, options and futures, the term exchange has a very specific definition under US law (as well as the laws of Asian and European countries).

    Robinhood is not an exchange. They are a broker. They function as an agent, which allows you to buy and sell securities on an exchange.

    BMK
     
    #33     Oct 16, 2020
  4. maxinger

    maxinger

    RH is an exchange ?!?!?
    Nowadays there are simply too many types of dictionaries.

    upload_2020-10-16_19-1-25.jpeg [​IMG]



    It seems more like an online Casino rather than an Exchange.

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    Last edited: Oct 16, 2020
    #34     Oct 16, 2020
  5. Trader Curt

    Trader Curt

    Well to me anywhere you trade anything is an exchange. And if you want to get all technical about it then it is still an exchange because the broker is helping you buy an sell stocks in EXCHANGE for fees. When you look up the word exchange in the dictionary, it means to trade. Just because its not a global exchange doesn't mean it's not any kind of exchange.

    Walmart can be considered an exchange, your exchanging money for products. A yard sale can be considered an exchange, just because there are no charts to look at when you buy something doesn't mean it isn't.

    You guys really need to get off your high horses and start taking what I'm saying with more consideration.
     
    #35     Oct 16, 2020
  6. bone

    bone

    Might be best to just drop this line of reasoning.

    I wish you good fortune!


     
    #36     Oct 16, 2020
    Cuddles likes this.
  7. maxinger

    maxinger

    Soon Shopping Mall / Shopping Centre would also be called EXCHANGE !!!
    Because goods are being exchanged with $$$$ !!!
    And Brothel would also be called EXCHANGE!!!
    Because services are being exchanged with $$$$ !!!

    For goodness sake, use the appropriate jargon.

    [​IMG]
     
    #37     Oct 16, 2020
  8. tsznecki

    tsznecki

    You really need to stop digging down.

    Just because you interpret something one way, does not make it so.

    You are trying to tell us water is not wet, I don't know what retarded universe you live in, but in this one water is wet.
     
    #38     Oct 16, 2020
    Cuddles likes this.
  9. How were yu able do accomplish this where you are at?
     
    #39     Oct 16, 2020
  10. BMK

    BMK

    I don't understand your question. When you say "accomplish this," are you referring to the case that I filed against Spotify? Or something else?

    And what exactly do you mean when you say "where you are at?" I'm in the midwestern USA. Why does my location matter?

    BMK
     
    #40     Oct 16, 2020