By Geoffrey Rogow and Dawn Lim


With Wednesday's chaos ratcheting up, TD Ameritrade told customers that the firm was blocking some trades on GameStop, AMC Entertainment Holdings and certain securities.

"We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors," read a notification to clients when they logged into their accounts.

It was part of a broader struggle as brokerages cope with unprecedented trading volumes and options bets in hot stocks.


This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).


(END) Dow Jones Newswires

January 27, 2021 15:31 ET (20:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.