It would be great to see more details for the DTCC's increase in the amount of required collateral. I tried Googling for some info but didn't find much (probably haven't tried hard enough yet) ex [2].
Naively, what we saw was a failure of the financial system to support trades. It may not be Robinhood, but it may not necessarily be T+2 either.
Is there a website I can use to query the current deposit requirements for GME? Is it public info? Are there details provided for factors affecting that amount that can be compared across different stocks?
I'm a total noob please forgive my noob curiosities :)
[1]: https://blog.robinhood.com/news/2021/1/29/what-happened-this...
[2]: https://dtcclearning.com/products-and-services/settlement/se...
"When you hear hoofbeats, think of horses, not zebras." A massively orchestrated conspiracy requires a lot of assumptions and so probably violates the razor.