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.

 

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(END) Dow Jones Newswires

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

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