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Wednesday 4 March 2020
Robinhood offers traders $15 for going down as markets gained $1.1T
Popular trading app Robinhood has promised to compensate users after its systems went offline just as stock markets rebounded from their worst week since the 2008 financial crisis. Affected traders may however want to hold off celebrating, as TechCrunch reports that Robinhood is to offer a meagre $15 discount on subscriptions in a bid to make things right. Robinhood calls this a “first step,” and said it will eventually contact users on a case-by-case basis to explore additional compensation. “When it comes to your money, issues like this are not acceptable. We realize we let you down, and our team is…
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