What type of service do you expect from a company that started it's journey by offering no commission trades. Get what you pay for...move to a different house.
Yes, that may be due to the clearing houses requiring 100% instead of the usual 2% per transaction (allegedly because of volatility) . On the other hand, it may be because of hedge fund influence that clearing houses are requiring 100% of brokers for certain stocks. The effect is a loss for longs, and serves to help the shorts.
They arent going to get rid of retail, lmao. Futures arent even on the map. Maybe some extra restrictions on certain things. The more important thing they should do is about naked short selling so as not to bring a stock over the 100% threshold - which is really quite stupid that its even allowed in the first place.
All they do is fan even more anger among mere mortals. I almost got infected with the bug. I think this is just the beginning. Brokers can't block the entire pink sheets and micro and midcap sectors.
Because they are all liars. How do you think robinhood traders were allowed to trade in the first place? With their funding. Especially options must be fully paid up. Robinhood is bullshitting its own clients. Simple as that.
And that is a lie perpetuated by robinhood itself. A member firm only has to put up a bond for the option premium. That is what it's clients put up. Robinhood has the funds but it was either bullied into lying or there are much bigger, darker forces at play here.