Robinhood
Robinhood Accused of ‘Gamification’ by Massachusetts Regulator
(Bloomberg) — Robinhood Markets drew millions of users to financial markets with a colorful app that makes trading seem empowering…
Hackers Say They Hold Keys to 10,000 Robinhood Accounts
(Bloomberg) — The dark web is the underbelly of the internet, where cyber-criminals hunt for drugs, demand ransom and engage…
Robinhood Users Say Accounts Were Looted, No One to Call
It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending.
Day Trade Boom 2.0: Advisors Are First Line of Defense Amid Rise in Speculation
Boom in potentially risky behavior can be an opportunity for advisors to prove their value with behavioral coaching and guidance for clients looking to make speculative plays, according to a Cerulli study.
High-Frequency Traders Love Business With Robinhood
No one is welcoming the new army of Robinhood day-traders into the stock market more warmly than high-frequency trading firms.
Robinhood Blows Past Rivals in Record Year for Retail Investing
Robinhood Markets Inc. is outrunning its online-brokerage rivals, at least by one widely followed industry metric for customer activity.
Robinhood Is Democratizing Markets, Not Disrupting Them: Nir Kaissar
The narrative borrows from a Wall Street saw that ordinary investors are fools not fit to handle their own money, a caricature that has long been used to exclude them from markets.
Robinhood’s New Traders Ignore Danger Signs to Bet on Stocks
Rich hedge fund managers are talking about it. So are not-so-rich millennials. And fast-twitch gamers, and bored sports fans and — in all likelihood — some 15-year-olds you know.
Robinhood Fixed Issue That Displayed Incorrect Portfolio Values
Robinhood Financial said Wednesday that it fixed an issue that had some users asking why their portfolios were displaying incorrect values.
Morgan Stanley to Reimburse Clients Affected by Outage
Wirehouse says it will compensate clients hurt by four-and-a-half hour glitch Wednesday that prevented them from seeing accounts and required workarounds for trades.
Robinhood Offers Reparations for Systems Collapse—with a Catch
Customers who claim losses because of inability to trade when markets soared earlier this month are offered credits of at least $75—if they release it from lawsuits or other further claims for alleged losses.