• ColeSloth
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    5 months ago

    What’s robinhood have to do with the market dunking overnight? I can’t fathom any real relation.

    • Raiderkev@lemmy.world
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      5 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
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        5 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.