Robinhood Financial: Difference between revisions

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~~== Overview ==~~

~~Robinhood Financial, LLC is a wholly-owned subsidiary of [[Robinhood]] Markets, Inc. The U.S.-based company provides brokerage and related financial services.~~

~~== Public Sphere ==~~

{{InfoboxCompany

=== ~~January 2021 customer trading restrictions~~ ===

|Name=Robinhood Financial, LLC|Type=Subsidiary|Founded=2012|Industry=Financial Services|Official Website=http://robinhood.com/|Logo=Robinhood (company) logo.svg}}

~~On January 28, 2021,~~ Robinhood ~~systems restricted customer trading in certain securities for companies with heightened volatility in their stocks such as Gamestop, AMC Entertainment, and Bed Bath and Beyond~~. [[~~CNBC~~]] ~~noted that the brokerage~~ [[~~IBKR~~]] ~~had restricted trading on this trade date as well~~. ~~[[CNBC]] also reported that other brokerages such as [[TD Ameritrade]]~~ and [[Charles Schwab]] increased margin requirements on the day prior, a move called less "drastic." Additionally, Robinhood published a blog post dated 2021-01-28 which notes increased margin requirements on certain securities.

'''[[wikipedia:Robinhood_Markets|Robinhood Financial, LLC]],''' is a wholly-owned subsidiary of [[wikipedia:Robinhood_Markets|Robinhood Markets, Inc]]. The US-based company provides brokerage and related financial services.

Customers ~~should be aware that brokers~~ including Robinhood ~~may take similar actions~~ in ~~the future~~, and that ~~this poses a risk~~ that ~~they may incur economic harm~~ as ~~a result~~ of ~~being artificially impeded from entering orders~~.

==Public sphere==

===January 2021 restrictions on customer trading===

On January 28, 2021, Robinhood systems restricted customer trading in certain securities for companies with heightened stock volatility,<ref>{{Cite web |date=28 Jan 2021 |title=Keeping Customers Informed Through Market Volatility |url=https://newsroom.aboutrobinhood.com/keeping-customers-informed-through-market-volatility/ |url-status=live |access-date=5 Apr 2025 |website=[[Robinhood]]}}</ref> including [[GameStop]],<ref>{{Cite web |last=Fitzgerald |first=Maggie |date=28 Jan 2021 |title=Robinhood restricts trading in GameStop, other names involved in frenzy |url=https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref> AMC Entertainment, and Bed Bath and Beyond. [[CNBC]] reported that the brokerage firm [[Interactive Brokers|Interactive Brokers (IB)]] also imposed trading restrictions on the same day.<ref>{{Cite web |last=Fitzgerald |first=Maggie |date=28 Jan 2021 |title=Interactive Brokers restricted GameStop trading to protect the market, says Chairman Peterffy |url=https://www.cnbc.com/2021/01/28/interactive-brokers-restricted-gamestop-trading-to-protect-the-market-says-chairman-peterffy.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref> Additionally, [[CNBC]] noted that other brokerages, such as [[TD Ameritrade]] and [[Charles Schwab]], had increased margin requirements the day before—a move described as less 'drastic' compared to outright trading halts.<ref>{{Cite web |last=Stevens |first=Pippa |date=28 Jan 2021 |title=GameStop shares jump 68% on Friday, bringing gains for the week to 400% |url=https://www.cnbc.com/2021/01/28/robinhood-will-allow-limited-buying-of-restricted-securities-friday-gamestop-jumps-after-hours.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref>

Customers should be aware that brokerages, including Robinhood, may take similar actions in the future. This poses a risk of economic harm, as investors could be artificially prevented from entering or executing trades during critical market movements.

== References ==

==References==

~~https://robinhood.com/us/en~~/

[[Category:Robinhood Financial]]

~~https://newsroom.aboutrobinhood.com/keeping-customers-informed-through-market-volatility/~~

[[Category:Retroactively amended purchase]]

~~https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.html~~

~~https://www.cnbc.com/2021/01/28/interactive-brokers-restricted-gamestop-trading-to-protect-the-market-says-chairman-peterffy.html~~

[[Category:~~Companies~~]]

[[Category:~~Financial Services Companies~~]]

@@ Line 1: / Line 1: @@
-== Overview ==
+{{StubNotice}}
-Robinhood Financial, LLC is a wholly-owned subsidiary of [[Robinhood]] Markets, Inc.  The U.S.-based company provides brokerage and related financial services.
-== Public Sphere ==
+{{InfoboxCompany
-=== January 2021 customer trading restrictions ===
+|Name=Robinhood Financial, LLC|Type=Subsidiary|Founded=2012|Industry=Financial Services|Official Website=http://robinhood.com/|Logo=Robinhood (company) logo.svg}}
-On January 28, 2021, Robinhood systems restricted customer trading in certain securities for companies with heightened volatility in their stocks such as Gamestop, AMC Entertainment, and Bed Bath and Beyond.  [[CNBC]] noted that the brokerage [[IBKR]] had restricted trading on this trade date as well.  [[CNBC]] also reported that other brokerages such as [[TD Ameritrade]] and [[Charles Schwab]] increased margin requirements on the day prior, a move called less "drastic."  Additionally, Robinhood published a blog post dated 2021-01-28 which notes increased margin requirements on certain securities.
+'''[[wikipedia:Robinhood_Markets|Robinhood Financial, LLC]],''' is a wholly-owned subsidiary of [[wikipedia:Robinhood_Markets|Robinhood Markets, Inc]]. The US-based company provides brokerage and related financial services.
-Customers should be aware that brokers including Robinhood may take similar actions in the future, and that this poses a risk that they may incur economic harm as a result of being artificially impeded from entering orders.
+==Public sphere==
+===January 2021 restrictions on customer trading===
+On January 28, 2021, Robinhood systems restricted customer trading in certain securities for companies with heightened stock volatility,<ref>{{Cite web |date=28 Jan 2021 |title=Keeping Customers Informed Through Market Volatility |url=https://newsroom.aboutrobinhood.com/keeping-customers-informed-through-market-volatility/ |url-status=live |access-date=5 Apr 2025 |website=[[Robinhood]]}}</ref> including [[GameStop]],<ref>{{Cite web |last=Fitzgerald |first=Maggie |date=28 Jan 2021 |title=Robinhood restricts trading in GameStop, other names involved in frenzy |url=https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref> AMC Entertainment, and Bed Bath and Beyond. [[CNBC]] reported that the brokerage firm [[Interactive Brokers|Interactive Brokers (IB)]] also imposed trading restrictions on the same day.<ref>{{Cite web |last=Fitzgerald |first=Maggie |date=28 Jan 2021 |title=Interactive Brokers restricted GameStop trading to protect the market, says Chairman Peterffy |url=https://www.cnbc.com/2021/01/28/interactive-brokers-restricted-gamestop-trading-to-protect-the-market-says-chairman-peterffy.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref> Additionally, [[CNBC]] noted that other brokerages, such as [[TD Ameritrade]] and [[Charles Schwab]], had increased margin requirements the day before—a move described as less 'drastic' compared to outright trading halts.<ref>{{Cite web |last=Stevens |first=Pippa |date=28 Jan 2021 |title=GameStop shares jump 68% on Friday, bringing gains for the week to 400% |url=https://www.cnbc.com/2021/01/28/robinhood-will-allow-limited-buying-of-restricted-securities-friday-gamestop-jumps-after-hours.html |url-status=live |access-date=5 Apr 2025 |website=CNBC}}</ref>
+Customers should be aware that brokerages, including Robinhood, may take similar actions in the future. This poses a risk of economic harm, as investors could be artificially prevented from entering or executing trades during critical market movements.
-== References ==
+==References==
-https://robinhood.com/us/en/
+<references />
+[[Category:Robinhood Financial]]
-https://newsroom.aboutrobinhood.com/keeping-customers-informed-through-market-volatility/
+[[Category:Retroactively amended purchase]]
-https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.html
-https://www.cnbc.com/2021/01/28/interactive-brokers-restricted-gamestop-trading-to-protect-the-market-says-chairman-peterffy.html
-[[Category:Companies]]
-[[Category:Financial Services Companies]]