/biz/ - Business & Finance

>>50108049
I don't think you understand what you're saying. Robinhood was trying to leverage massive positions on GME, because of how volatile the stock was (is) Robinhood was required to increase their collateral by a massive amount by the DTCC.
The distinction everyone needs to acknowledge is that the DTCC waived the collateral upon opening a position, NOT waive a margin call for the hedge funds with established positions.
Saying that the DTCC would waive margin calls is a massive fucking claim and saying they would in the future just fuels the fire for shills
>ie. there's no point in investing if the hedge funds don't have to pay
If they can completely ignore paying any dues then there is no MOASS, full stop.

>>50037982
>They already made it clear they will waive whatever margin calls they need to to not allow that to happen.
If you're talking about what happened with robinhood then you're wrong. DTCC waived the 9 billion collateral requirement for robinhood, nothing about it involved margin calls, which means hedge funds technically can face liquidity if they fail their margin.

I'm confused. I keep hearing people say that the DTCC waived 9 billion dollars in margin calls, but wasn't the waive for collateral and not actually margin calls? If robbinhood didn't have enough collateral deposited with DTCC to meet the high deposit requirements, what would have happened if they didn't turn the buy button off? Could they just have ignored those requirements? It feels like robinhood wasn't prepared to be a proper broker and screwed themselves over.