More than
two years after Robinhood, one of the most popular trading service providers
for retail clients, banned ‘meme stocks’ trading in the midst of a speculative
frenzy, the company has once again found itself under retail investors’
criticism. This time, traders are complaining about the alleged inability to
realize profits from their bets placed against the collapsed Silicon Valley
Bank (https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow noopener”>SVB) and Signature Bank (SB).
Robinhood Users Cannot
Cash Out Their Bets Against SVB
The
controversy centers around put options…
Source : FinanceMagnates