• Raiderkev@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    3 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
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 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.