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Re: macdwatcher1 post# 600

Saturday, 02/13/2021 8:53:17 PM

Saturday, February 13, 2021 8:53:17 PM

Post# of 652
RH had to suspend trading to obtain enough funding to meet their margin requirements as a broker. Had they not done so, they'd have faced a margin call in the billions and it would have been game over for them. IDK about you, but I won't deal with a broker who doesn't have sufficient liquidity and reserves. That said, I wouldn't trade with webull either. 5 business days for ACH to clear, and 1-2 business days for wire to clear. What a joke. My broker clears ACH in 3 business days, and wire transfer funds clear the instant they transfer is made.

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