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蝶影花行
2021-01-29

WTF！

Robinhood CEO: Restricting retail trading is to protect them

该公司暂停部分投机股票交易的决定符合公司及其数百万用户的最大利益。

Robinhood CEO: Restricting retail trading is to protect them

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Depending on the volatility of the market, some of these requirements will fluctuate greatly, and in the current environment, these requirements can be large, because in the current environment, these stocks have a lot of volatility, there is a lot of concentrated activity, spreading wildly on social media.\"</p><p>Tenev denied that the company had any liquidity issues and said Robinhood had used the line of credit as a precautionary measure.</p><p>He said: \"We wanted to make our customers as unrestricted as possible, subject to requirements and regulations. So we tapped these lines of credit in order to maximize, within reason, the funds we had to deposit in the clearing house.\"</p><p>Amid a wild week of speculative retail trading, Robinhood announced trading restrictions on 13 stocks on Thursday, including<a href=\"https://laohu8.com/S/GME\">GameStop</a>(GameStop) and AMC, which only allow customers to sell positions in these stocks and not allow them to open new positions, also raised margin requirements and even said it would automatically close some positions if customers run the risk of not having the necessary collateral.</p><p>\"We've never seen such a concentration of interest in a handful of stocks before. We do think that you should be able to buy and sell the stocks you want,\" Teneff said.</p><p>Robinhood's decision was met with unanimous criticism from retail investors and public opinion, forcing the company to announce after hours on Thursday that it would allow limited trading in some restricted stocks.</p><p>Teneff explained that the move was to meet the SEC's capital requirements for broker-dealers.</p><p>He said: \"We have seen unprecedented interest because finance is related to culture in an unprecedented way. Of course, Robinhood represents ordinary investors. From the very beginning, we have supported investors' open access. It hurts us to have to implement these restrictions, and we will do our best to make these stocks tradable as soon as possible.\"</p><p>Tenev also said that Robinhood's decision was not under pressure from market makers or hedge funds.</p><p>Some angry retail investors accused Sequoia Capital, the big money behind Robinhood, and the U.S. government of forcing the company to make this decision, but Sequoia Capital issued a statement saying it did not pressure Robinhood to stop trading in these shares.</p>","source":"XLCJ","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood CEO: Restricting retail trading is to protect them</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood CEO: Restricting retail trading is to protect them\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-01-29 10:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. zero-commission stock trading platform Robinhood's decision to suspend some speculative stock trading is in the best interests of the company and its millions of users, CEO Vladimir Tenev said on Thursday.</p><p>\"In order to protect the company and our customers, we have had to limit the purchase of these shares,\" he said.</p><p>\"Robinhood is a brokerage firm, and we have a lot of financial requirements,\" Tenev said. \"We have net capital requirements from the SEC and deposit requirements from the clearing house. Depending on the volatility of the market, some of these requirements will fluctuate greatly, and in the current environment, these requirements can be large, because in the current environment, these stocks have a lot of volatility, there is a lot of concentrated activity, spreading wildly on social media.\"</p><p>Tenev denied that the company had any liquidity issues and said Robinhood had used the line of credit as a precautionary measure.</p><p>He said: \"We wanted to make our customers as unrestricted as possible, subject to requirements and regulations. So we tapped these lines of credit in order to maximize, within reason, the funds we had to deposit in the clearing house.\"</p><p>Amid a wild week of speculative retail trading, Robinhood announced trading restrictions on 13 stocks on Thursday, including<a href=\"https://laohu8.com/S/GME\">GameStop</a>(GameStop) and AMC, which only allow customers to sell positions in these stocks and not allow them to open new positions, also raised margin requirements and even said it would automatically close some positions if customers run the risk of not having the necessary collateral.</p><p>\"We've never seen such a concentration of interest in a handful of stocks before. We do think that you should be able to buy and sell the stocks you want,\" Teneff said.</p><p>Robinhood's decision was met with unanimous criticism from retail investors and public opinion, forcing the company to announce after hours on Thursday that it would allow limited trading in some restricted stocks.</p><p>Teneff explained that the move was to meet the SEC's capital requirements for broker-dealers.</p><p>He said: \"We have seen unprecedented interest because finance is related to culture in an unprecedented way. Of course, Robinhood represents ordinary investors. From the very beginning, we have supported investors' open access. It hurts us to have to implement these restrictions, and we will do our best to make these stocks tradable as soon as possible.\"</p><p>Tenev also said that Robinhood's decision was not under pressure from market makers or hedge funds.</p><p>Some angry retail investors accused Sequoia Capital, the big money behind Robinhood, and the U.S. government of forcing the company to make this decision, but Sequoia Capital issued a statement saying it did not pressure Robinhood to stop trading in these shares.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/tech/2021-01-29/doc-ikftssap1655338.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/91b95a24d0fecd4d17882bb97a17c5cf","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://finance.sina.com.cn/tech/2021-01-29/doc-ikftssap1655338.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119878014","content_text":"美国零佣金股票交易平台Robinhood首席执行官弗拉基米尔·特內夫（Vladimir Tenev）周四表示，该公司暂停部分投机股票交易的决定符合公司及其数百万用户的最大利益。\n他说：“为了保护公司和我们的客户，我们不得不限制购买这些股票。”\n特內夫说：“Robinhood是一家经纪公司，我们有很多财务要求。我们有SEC的净资本要求和清算所的存款要求。根据市场的波动，这些要求中的一些会有很大的波动，在当前的环境下，这些要求可能会很大，因为在当前的环境中，这些股票有很大的波动，有很多集中的活动，在社交媒体上疯狂传播。”\n特內夫否认该公司存在任何流动性问题，并表示Robinhood已经利用信贷额度作为一种预防性措施。\n他说：“我们希望让我们的客户在符合要求和规定的情况下尽可能不受限制。因此，我们动用了这些信贷额度，以便在合理范围内最大限度地增加我们必须存入清算所的资金。”\n在投机性零售交易的疯狂一周中，Robinhood周四宣布对13只股票的交易进行限制，其中包括游戏驿站（GameStop）和AMC，只允许客户出售这些股票的头寸，而不允许他们开设新头寸，还提高了保证金要求，甚至表示，如果客户面临没有必要的抵押品的风险，将自动平仓一些头寸。\n特内夫说：“我们以前从未见过兴趣如此集中在少数股票上的情况。我们确实认为，你应该能够买卖你想要的股票。”\nRobinhood的这一决定遭到了散户投资者和舆论的一致批评，迫使该公司在周四盘后宣布允许部分受限制股票的有限交易。\n特内夫解释说，此举是为了满足美国证券交易委员会对经纪交易商的资本金要求。\n他说：“我们看到了前所未有的兴趣，因为金融以一种前所未有的方式与文化相关。当然Robinhood代表的是普通投资者。从一开始，我们就支持投资者开放准入。不得不实施这些限制令我们感到痛苦，我们将尽我们所能尽快使这些股票能够交易。”\n特内夫还说，Robinhood的决定并非受到做市商或对冲基金的压力。\n一些愤怒的散户投资者指责Robinhood背后的大金主红杉资本和美国政府迫使该公司做出这一决定，但红杉资本发表声明称，没有向Robinhood施压要求停止这些股票的交易。","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1161,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}