Starting Thursday, you may find it easier to place rapid-fire trades in stocks and options as a rule dating back to the dot-com era officially goes off the books. The “pattern day trader” rule has ...
Since the early 2000s, a single regulatory rule has quietly kept millions of retail traders on the sidelines, preventing them from taking several day trades within a specified time frame. But, on ...
The Financial Industry Regulatory Authority (FINRA) recently voted to overhaul the Pattern Day Trading (PDT) rule, which required a $25,000 minimum account balance to execute four or more same-day ...
Robinhood traders have one more reason to celebrate the Fourth of July.