Ruchira Sharma
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UK traders consider legal action against Robinhood and Trading 212 for restricting GME trades

UK traders consider legal action against Robinhood and Trading 212 for restricting GME trades

This week has largely been defined by a drama involving a finance group, an ailing video game shop, and for hedge fund managers, with the world eagerly watching share after an online community worked together to buy its stock en masse.In the story’s latest twist, many of the traders who bought up stocks of GameStop and AMC are now considering legal action against the online trading platforms they used, after were introduced as the shares looked to grow further. Others are simply angry and pessimistic anything can be done.Traders feel cheated after Robinhood and Trading212 limited trading on...

January 29, 2021
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