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 Posted in Web

Why Robinhood disabled buys but not sells | Hacker News

 February 10, 2021

Robinhood arguably acted against their own interest, since they get paid for order flow (and telling customers they cant execute trades they’d like to make wont be good for customer retention either). Robinhood acted in a way that was contractually required, according to formulas set up long in advance of any of the latest market action.

https://news.ycombinator.com/item?id=25979673

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