Agent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 4 months agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square118fedilinkarrow-up1922arrow-down132
arrow-up1890arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldAgent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 4 months agomessage-square118fedilink
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up1·4 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-squareFog0555@lemmy.worldlinkfedilinkEnglisharrow-up2·4 months agoThat’s exactly how people in the US trade also!
minus-squareKoalaUnknown@lemmy.worldcakelinkfedilinkEnglisharrow-up2·4 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.
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.
That’s exactly how people in the US trade also!
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.