@[email protected] to Mildly [email protected]English • 7 months agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square117fedilinkarrow-up1929arrow-down131
arrow-up1898arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.world@[email protected] to Mildly [email protected]English • 7 months agomessage-square117fedilink
minus-square@[email protected]linkfedilinkEnglish1•7 months agoIt’s a bit more complicated… you trade through a broker with trading rights on that exchange. Unless you are a power user on a bloomberg terminal. Reddit could direct sell shares to a US resident, I’m pretty sure, as a first party sale.
minus-square@[email protected]linkfedilinkEnglish2•7 months agoWhy would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
minus-square@[email protected]linkfedilinkEnglish2•7 months agoThat’s exactly how people in the US trade also!
It’s a bit more complicated… you trade through a broker with trading rights on that exchange. Unless you are a power user on a bloomberg terminal.
Reddit could direct sell shares to a US resident, I’m pretty sure, as a first party sale.
Why would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
That’s exactly how people in the US trade also!