You do know that besides Robinhood many of the other brokers also halted trading the same tickers? Robinhood was the face of the issue for sure, but a lot of others did the exact same thing.
Most of those 'other brokers' that halted trading, were similar to Robinhood, as in not really a proper brokerage.
No serious bank ever halted trading, why would they?
I know its hard to believe, but the entire customer base (23.3M) of Robinhood is a testament to how good their product is in spite of the misgivings of the brokerage during the "GME". If it makes it feel better, their MAU is down 16% year-over-year to 10.3 million.
I am also a user and I love it - and while I don't trade crypto, but they offer the lowest commission in crypto. And my uninvested cash gets a decent interest (5%), and my trades execute reasonably well. It maybe not for a professional trader, but my own experience has been fantastic for what it offers.
Also incredibly thankful that there is no trading fees across many of the brokers now, which I believe was forced by Robinhood. I know of the PFOF controversy, and regardless I hold this view.
I also know I can't change your view, but hope you have a great weekend ahead!
Because there are better brokerages out there.
> in the face of the partners they rely
You mean their actual customers. There are brokerages where the incentives are not perversed like this.
> did the best they could by still allowing selling
Assuming they acted in good faith to do their "best", their CEO was still incompetent failing to anticipate to liquidity issues
> what happened on one specific day to one specific stock
They halted buying on more than GME.