Robinhood Markets Inc. on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.
The online trading platform, which helped pioneer commission-free trading, and several other brokerages on Jan. 28, 2021, restricted trading in GameStop and a handful of other “meme” stocks as the regulatory deposit requirements for settling the securities skyrocketed during the rally driven by retail investors.
