NSCC

The CEO of Robinhood has revealed that the clearing house that handles all stock trades, the NSCC, demanded a $3 billion security at 3am in the morning during dramatic negotiations before the company stopped GameStop trades.  Speaking during a virtual event hosted by Tesla CEO Elon Musk, Vladimir Tenev offered an explanation behind his company’s decision … Read more

The CEO of Robinhood has revealed that the NSCC demanded a $3 billion security at 3am in the morning during dramatic negotiations before the company stopped GameStop trades.  Speaking during a virtual event hosted by Tesla CEO Elon Musk, Vladimir Tenev offered an explanation behind his company’s decision to Thursday to restrict the purchase of GameStop shares … Read more