Robinhood launches in UK, offers 6,000 US stocks with no fees, but pauses margin lending pending regulatory discussions.
Robinhood, the popular US stock trading app, has launched in the UK, offering 6,000 US stocks with no fees. However, the company has paused plans to offer margin lending to UK customers pending further discussions with regulators. The app, known for its role in the GameStop short squeeze, had planned to let users borrow money from Robinhood to purchase securities but has put these plans on hold.
March 18, 2024
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