forex signal system trading: Robinhood Investigations Could Change the Way Your Investments are Handled

You are receiving this as a part of your subscription to Profit Pregame. To remove your email from this list, unsubscribe here.

Your Next Move as Bitcoin Smashes All-Time Highs

Bitcoin's rally is dominating headlines. The crypto market is red-hot. And the best part is you can cash in on BTC's rise without forking over $50K per coin. These special cryptos are a fraction of the price - and they've delivered profits like 220% in three weeks, 103% in 30 days, 320% in one month. Get the details here.

Friday, February 19, 2021

Robinhood Investigations Could Change the Way Your Investments are Handled

Robinhood has Some Explaining to Do

Multiple regulatory bodies are looking into the practices surrounding one of the biggest short squeezes in history.

What's happening?

The popular online broker Robinhood - among others - are feeling some heat from the Department of Justice, the Commodity Futures Trading Commission, and Congress as they seek additional information surrounding the enormous rise in GameStop Corp. (GME) stock.

There's been a ton of confusion around the recent Reddit-fueled attack on some of the most heavily shorted stocks in the market, and these regulatory bodies are looking to get to the bottom of several concerning allegations of market manipulation and conflicts of interest.

Yesterday, the House Financial Services Committee heard testimony from Robinhood CEO Vlad Tenev regarding the platform's decision to halt trading on certain stocks as they experienced a massive short squeeze.

Tenev has defended the move as a necessary step to ensure Robinhood was able to rectify a $3 billion deficit in clearinghouse funds to cover its risks during unprecedented volatility.

Still, many Robinhood users believe it was done in an effort to throw a lifeline to hedge funds that were losing billions of dollars on the short squeeze.

Whatever the case may have been, the subsequent investigations could have some big ramifications for how brokers do business - and perhaps some additional government regulation on the market.

Here's what could happen...

Where's the money?

At the heart of the allegations of market manipulation and conflict of interest is Robinhood's relationship with investment firms like Citadel LLC.

To put it simply, Robinhood sells its users' order flow to be executed by market makers like Citadel - a practice known as payment for order flow (PFOF).

While brokerages claim that PFOF actually improves fill prices for their clients, that isn't always the case. In fact, Robinhood paid a $65 million fine to the SEC in December for providing inferior trade prices.

The real problem with PFOF is that it is not a transparent process. While the practice allows brokers to offer commission free trading, the details of the matched trades don't appear in public data feeds, making it difficult to know if an order received an inferior price or not.

There's a reason firms like Citadel pay big money for brokers' order flow, and that needs to be explored to ensure the practice isn't benefiting big institutions while hurting retail investors.

The outcome of the investigations is anyone's guess right now, but here's what I believe should happen...

How do I get some?

Despite the smokescreens and excuses that Tenev will make, I think that Robinhood restricted traders from buying GME stock in order to push the price back down and help the hedge funds like Citadel.

And they should be sued for that.

I think that the government should make hedge funds disclose their short positions as well as their long positions. That would help to improve transparency in the market, even if new regulations on buying order flow aren't enacted.

But again, at this time it's unclear what, if any, changes are going to be made.

What is clear to me is that the market has fundamentally shifted. Retail investors will continue to target the most heavily shorted stocks in an effort to create massive profit opportunities.

And I have the perfect tool to capitalize on this new era on Wall street...

Don't Let the Next Super Squeeze Pass You By

With the short squeeze trading revolution officially underway, hedge funds are running scared as they lose billions of dollars.

Ordinary folks have made a killing by utilizing the unprecedented profit power of the market's hottest trade - the "Super Squeeze." But GameStop wasn't the only opportunity with that kind of potential.

The secret to the biggest, fastest moving plays in the market isn't complicated. Heavily shorted stocks with aggressive buyers will see huge spikes. I'm talking the chance to turn $1,000 into $9,500... $12,140... even $17,570 in peak gains in just a few weeks' time.

Using the full suite of tools in my S.C.A.N. system, I'm able to track where the biggest money flows from traders are moving. I see every move they make, the moment they make them.

Want a chance to take part in the next massive profit opportunity? Click here to learn more about my newest research service, Super Squeeze Profits.

In the Spotlight: Bitcoin Making New Inroads

North America's first Bitcoin ETF - The Purpose Bitcoin ETF (BTCC) - debuted on the Toronto Stock Exchange yesterday to a very receptive market.

The exchange traded fund saw more than $80 million worth of shares exchanged in the first hour of trading alone.

While it's not the first of its kind, the expansion of a cryptocurrency ETF into a North American market is a big step.

I've been following the cryptocurrency market closely for years now, and as more great profit opportunities arise, you can bet I'll be sharing them with you here at Profit Pregame. Stay tuned.

Please do not reply to this email. It was sent from an unmonitored mailbox.

You are receiving this e-mail at phanphuongthanh89.822152@blogger.com, as part of your subscription to Profit Pregame. To remove your email from this list: unsubscribe here.

To cancel, or for any other questions or requests, please contact our Customer Service team:
Online
Phone: 888-384-8339 (North America) 443-353-4519 (International)
Mail: Profit Pregame | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201
Fax: 410-622-3050
Our Customer Service team is available Monday ‑ Friday between 9:00 AM and 5:00 PM ET.

© 2021 Money Map Press. All Rights Reserved.
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.

We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201.

Website | Privacy Policy | Terms & Conditions

Robinhood Investigations Could Change the Way Your Investments are Handled

No comments:

Post a Comment