• ColeSloth@discuss.tchncs.de
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    4 months ago

    Well it’s also caused the US market to dive, even overnight. Looks like the big correction is finally biting down.

    • Raiderkev@lemmy.world
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      4 months ago

      Robinhood killed 24 hour trading. Dip is apparently being bought now that premarket is open. Very sketchy tho.

        • Syntha
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          4 months ago

          The other brokers didn’t need to turn off the buy button because they didn’t extent free credit to anyone with a pulse

        • Raiderkev@lemmy.world
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          4 months ago

          It’s the largest 24 hour brokerage in the US. There was too much sell volume, that their execution venue had to stop it which is a pretty big deal.

          • ColeSloth@discuss.tchncs.de
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            4 months ago

            Largest by individual accounts, maybe. No way were enough robinhood users watching Japan’s market in the dead ass of the middle of the night to sell off all those billions worth of stocks to make such a dive. Those hits were taken due to institutional sellers.