Robinhood restricts trading in GameStop, other names involved in frenzy

  • Free-stock trading pioneer Robinhood and Interactive Brokers took steps to curb the wild trading activity in heavily shorted names like GameStop.
  • In some cases, investors would only be able to sell their positions and not open new ones.
  • The brokers also raised margin requirements for certain securities.

Source: Robinhood restricts trading in GameStop, other names involved in frenzy