Roaring Kitty’s testimony to Congress goes viral

Roaring Kitty Congress

WASHINGTON – The now infamous trader, Keith Gill, also known by his social media handles ‘Roaring Kitty’ and “DeepF***ingValue’, testified before Congress this Thursday, giving insight into his background and motives for causing a rally on the stock market earlier this month. His post on the Reddit forum, WallStreetBets, caused stock prices of GameStop (NYSE: […]

Wealthsimple allows trading in Reddit fuelled meme stocks

TORONTO – As global low-fee trading platforms such as Robinhood placed restrictions on their users from trading in Reddit fuelled ‘meme’ stocks that caused a market frenzy last week, Wealthsimple refuses to let in under pressure to restrict trade. The Canadian low-fee equivalent continued to allow trades in GME, AMC, and BB among others, albeit […]

Robinhood to allow ‘limited’ GameStop trading

Popular trading platform reverses decisions following public scrutiny MENLO PARK – The popular online trading platform, Robinhood, announced Friday the easing of restrictions on the trade of GameStop and several other contentious securities – while continuing to disallow fraction share purchase – a day after trying to halt their trading entirely. On Thursday, Robinhood made […]