Robinhood says it is in 'strong position' to face unlikely market events

  • 📰 Reuters
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Robinhood Markets Inc on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a 'strong position' to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.

Robinhood said in Tuesday's blog post that its net capital position was $2.7 billion, more than 25 times what is currently required by the U.S. Securities and Exchange Commission.Those restrictions had infuriated clients trying to buy and sell the "meme" stocks.

Early this year, Robinhood asked a federal judge in Miami to dismiss a lawsuit alleging it engaged in fraud and market manipulation when it restricted trading in the stocks. Robinhood last year also said it had increased the size of its customer support team and introduced 24-hour customer phone support, seven days a week.

Analysts on average expect Robinhood to report a $355 million loss when it posts its December-quarter results on Thursday after the bell. Following a slowdown in stock market trading by retail investors, shares of Robinhood, which went public last July, have fallen by about 66% from its IPO price.Reporting by Amruta Khandekar; Additional reporting by Noel Randewich in Oakland, California; Editing by Leslie AdlerSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Thanks for restoring my happiness in my darkest days, during those period I invested $500 and to my greatest surprise I got a return of $9,200 in just 5 days her reliability can't be equated William_Usr

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 2. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday – Market Updates Bitcoin NewsMeme coins were higher on Tuesday, as the crypto marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher. I use this app to track my assets Dexfolio App! It's the best so far u can give it a try With AltbaseApp Users can get all vital information concerning Crypto coins and keep track of all their assets Available on Android and iOS BSC Altcoins BuyAltcoins AltbaseApp BabyDogeArmy BabyDogeCoin· BabyDoge babydogecommunity BabyDogeCoin BabyDogeCoin2MillionHolders Coming soon to the moon 🚀🚀🚀🚀
Sumber: BTCTN - 🏆 531. / 51 Baca lebih lajut »

Bitcoin Rebounds 10% From Yesterday's Bottom, Crypto Markets Gain $120B (Market Watch)The cryptocurrency market managed to recover about $120 billion since yesterday's bloodbath. Bitcoin is trading around $36K while many altcoins bounce.
Sumber: Crypto_Potato - 🏆 568. / 51 Baca lebih lajut »

GSR Markets President: 'Crypto Still in a Bull Market'Bitcoin, ether and the broader crypto market faced another wave of selling Monday. Is crypto firmly in bear territory? GSR Markets Co-founder and President Rich Rosenblum discusses his reading of the digital asset space, explaining why 'we're still in a bull market for crypto.' Plus, tips for managing volatility and new investment opportunities to watch. GSR_io Rich_GSR The ratio of scam artist spammers in your replies is pathetic. It’s been a nice follow but yeah it’s not you, it’s me. We’re done here.
Sumber: CoinDesk - 🏆 291. / 63 Baca lebih lajut »

The Stock Market Slide Is Unlikely to Budge the Fed From TighteningBoth Goldman Sachs and Bank of America have said in recent days that they see the Fed continuing to tighten to address inflation pressures.
Sumber: NBCDFW - 🏆 288. / 63 Baca lebih lajut »

Strong recovery for India's smartphone market in 2021 with a record 162 million shipmentsChinese smartphone makers dominated the top five spots in 2021, with Xiaomi leading the way and South Korean phonemaker Samsung taking second place.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Anonymous Bitcoin Whale Adds 488 BTC During Market Dip, Balance Total at 124,487 CoinsThis anonymous wallet added another 488 BTC to his address while the market bleeds ok Must watch Cryptocurrency investors 👇👇 shib cryptocurrency, shibainu, shibainucoin,
Sumber: Utoday_en - 🏆 295. / 63 Baca lebih lajut »