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<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 ...

United States-based Online broker Robinhood has been one of the hottest venues in this week’s retail-trading frenzy but its sudden curbs on the 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 has funds to ensure trading continuity when it lifts the rules. Robinhood Chief Executive Vladimir Tenev said on Thursday trade was restricted in “about 13” viral stocks, which include GameStop, AMC Entertainment and American Airlines, to protect the company and...

4 Min Read (Refiles to add dropped word ‘to’ in paragraph 18 quote; Paragraph 14 contains language readers may find offensive) Jan 28 (Reuters) - Robinhood online brokerage has been one of the hottest venues for investors in a retail trading frenzy. Now it is in the line of fire from angry customers, disgruntled celebrities and politicians. Citing market volatility and the need to keep investors informed, the Menlo Park, California-based app said on a blog that it was halting trading of viral stocks including GameStop , AMC Entertainment, American Airlines and Nokia and raised margin requ...

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.

6 Min Read LONDON (Reuters) - When John Hibbs’ daughter Xanthe received her first bank card in the mail, the six-year-old spent the next week Googling how to buy a horse. John Hibbs and his daughter Xanthe pose in an undated handout photo obtained by Reuters on November 17, 2020. John Hibbs/Handout via REUTERS Hibbs and his wife Kate had got Xanthe a newly launched children’s debit card from UK digital bank Starling, one of a number of new offerings from fintechs aimed at children and teenagers. “The earlier we can start the learning process of using a card, the earlier she can learn t...