Hacker News Reader

This is completely expected for a company which screwed their biggest retail customers, back when the Gamestop saga was starting.

View on HN

This is a weird way to say "retail investors couldn't continue to engage in illegal market manipulation for a couple days because of margin requirements between Robinhood and counterparties".

They had to stop purchases for one or two securities for a couple days until they could secure a billion dollar loan and clear some pending transactions. It was far less of an issue than the conspiracy folks wanted it to be.

Yeah Fuck retail! Market Makers should be the only ones allowed to artificially destroy any companies that they feel like! Get back in your lane Pleb, this is not a game they'll ever let you succeed in.

Payment for order flow should be illegal. It was invented by Madoff and is illegal in most countries. Citadel submitted a request to the SEC stating that payment for order flow represents a major conflict of interest and should be made illegal. When the laws weren't changed - Citadel built their business model around it.

I don't fault retail for approaching the situation in the way they did. It seems logical given the understanding that they're being preyed upon in situations advertised as beneficial to them.

Reply on news.ycombinator.com