Page 20 - Anna Irrera News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/robinhood-is-new-eye/"></div>LONDON/SINGAPORE (Reuters) – Online broker Robinhood has been one of the hottest venues in this week’s retail-trading frenzy but its sudden curbs on buying of some hot stocks have raised the ire of customers, celebrities and politicians who argue it unfairly benefits bigger investors. The firm has also tapped a credit line so that it […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings ...

* Stocks at heart of hedge fund squeeze had fallen on Thursday * Robinhood, other brokers to ease restrictions on Friday By Sagarika Jaisinghani and Medha Singh Shares in GameStop, AMC Entertainment and BlackBerry plunged more than 40% on Thursday after several online platforms imposed buying halts, but rebounded in late trading as Robinhood and Interactive Brokers said they planned to ease the restrictions on Friday. The showdown between individual investors and professional short-sellers has roiled global equity markets as funds were forced to sell some of their best-performing stocks, inc...

2 Min Read LONDON (Reuters) -Commission-free trading app Freetrade said on Friday it had disabled buy orders for U.S. stocks amid a market frenzy that has seen shares of heavily shorted stocks like GameStop surge this week after being pushed on social media platforms. The London-based startup said in a statement that the move was due to an unexpected decision from its foreign exchange provider and the provider’s bank to limit its trade volumes. The company will allow users to sell U.S. stocks to exit existing positions, the statement said. “We received no warning of what we consider an ex...

6 Min Read (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert for any wrongdoing in this week’s roller-coaster trade. GameStop shares rallied again, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions that had shorted the video game retailer. The so-called “Reddit rally” has inflated stock prices for GameStop and other previously downtrodden companies that individual ...

By Sagarika Jaisinghani, Shriya Ramakrishnan and Anna Irrera (Reuters) - An army of retail investors that has routed Wall Street's professionals in recent days was dealt a blow on Thursday, after online brokerages restricted trading in red-hot GameStop and other stocks that had soared this week. But the shares rebounded in after hours trading, resuming their advances after Robinhood Markets Inc and Interactive Brokers said they planned to lift the restrictions on Friday. Retail investors, celebrities and policymakers had denounced Thursday's restrictions and participants in online forums ...