UK Platform IG Stops New Trades of GameStop and AMC

UK Platform IG Stops New Trades of GameStop and AMC
A GameStop store is seen in New York, on Jan. 27, 2021. Nick Zieminski/Reuters
Lily Zhou
Updated:

A British trading platform on Saturday announced it will block new trades of two U.S. stocks, GameStop and AMC Entertainment.

“Due to extreme volatility, and to prioritise the service we give our existing clients, we are not allowing any new positions to be opened on the US stocks GameStop and AMC Entertainment,” IG Group said in a tweet on Saturday.