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Robinhood has temporarily suspended its 24-hour trading service amid concerns over market volatility influenced by recent geopolitical and economic data. The trading platform's decision follows a notable drop in the Semiconductor ETF (SMH), which fell by 2.58% in the last 24 hours of trading. This move has raised concerns among traders about potential liquidity issues and the risks of accidental large trades, commonly referred to as 'fat fingers.'
Looks like Robinhood just shut down its 24 hour trading market for the night https://t.co/FH2goxYfUs
Robinhood has suspended 24 hour trading amid elevated market volatility due to geopolitical and economic data
Robinhood has temporarily shut down their 24-hour trading. https://t.co/3KfeuuzwD4