Agent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 1 year agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square106fedilinkarrow-up1813arrow-down127
arrow-up1786arrow-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 · 1 year agomessage-square106fedilink
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up1·1 year 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-up2·1 year agoThat’s exactly how people in the US trade also!
minus-squareKoalaUnknown@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year 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.