Why Did Robinhood Stop GameStop Trading?
Robinhood paused GameStop trading to manage risk due to unprecedented market volatility and surging capital requirements.
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Actually, Robinhood restricted trading on GameStop because they needed to meet collateral requirements from their clearinghouse.
They did it to protect the market and their users from extreme volatility. Nothing nefarious here, folks!
I was trading on Robinhood when the GameStop saga happened, and they stopped trading to comply with financial regulations and ensure stability.
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