GameStop shows financial markets unfit for retail investors - Hatch boss

Wed, 03 Feb 2021

The general manager of NZ-based US share trading platform Hatch says financial services infrastructure is not built to cope with the new era of retail trading and needs to adapt quickly.Her comments come after Hatch and other platforms were forced to suspend trading in a handful of stocks overnight after their US broker pulled the plug on frenzied trading.Brokerage firm DriveWealth said it would not take buy orders for AMC Entertainment Holdings and Gamestop Corporation during trading on Wednesday night, due to increased capital requirements se...

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