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Saturday, October 23, 2021
HomeBusinessWATCH: Anthony Denier, CEO of Webull, Explains GME Trading Halts

WATCH: Anthony Denier, CEO of Webull, Explains GME Trading Halts

 

Turns out this wasn’t market manipulation, clearing firms responsible for filling orders made through stock exchanges didn’t have the liquidity to cover new buys on GameStop stock.

It looks to me like we’re beginning to see a liquidity crisis that could take down the entire stock exchange, not just those investors that are holding shorts on the GME stock.

Webull is an app, similar to RobinHood, that allows for commission-free trading of stocks for retail investors.

Watch the video above for Benzinga’s full interview with Anthony Denier, CEO of Webull.

 

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