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ummonk
on Jan 31, 2021
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Why Robinhood disabled buys but not sells
This is misinformation. The DTCC used their discretionary powers to jack up the collateral requirements on certain specific stocks to 100%, well above what was required by the VaR formula.
For a description of this see e.g.
https://twitter.com/KralcTrebor/status/1355172567242469377
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For a description of this see e.g. https://twitter.com/KralcTrebor/status/1355172567242469377