Robinhood says it temporarily curbed buying of some securities as deposit requirement increased ten

Online broker Robinhood, one of the hottest venues in this week’s retail-trading frenzy, said it put temporary buying restrictions on a small number of securities as clearing house-mandated deposit requirements for equities increased ten-fold. “….the required amount we had to deposit with the clearing house was so large – with individual volatile securities accounting for […]

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U.S. lobby group urges India not to tighten foreign e-commerce rules

A U.S. lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters. India is considering revising the rules after traders in the country accused Amazon’s Indian division and Walmart’s Flipkart of creating complex structures to bypass […]

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