Robinhood announces changes to options trading after 20-year-old trader’s suicide Robinhood trading app
Trading app Robinhood has announced major changes to its service after a 20-year-old trader on the platform committed suicide. Alexander Kearns committed suicide after an options trade resulted in an apparent negative $730,000 balance in his trading account. Although the negative number referred to available buying power rather than to debt, Kearns left a note […]
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