Usually it is the exchanges that do this but here is Schwab following in the tracks of Robinhood.*
Schwab won't let anyone buy Chicago Wheat, Kansas City Wheat and Corn options.
— Wall Street Silver (@WallStreetSilv) March 7, 2022
Closing orders only.
Ht @TFMetals for spotting this. pic.twitter.com/B5w0Pz3iTg
* January 27, 2021
A Heads-Up To The Gamestop, AMC etc. Crowd: They Are Going to Change The Rules On You
That was the day before Robinhood decided that for the safety of the firm it would be best if they stopped facilitating purchases of AMC and GME and a few other issues, at least for a while, until they could get their net capital shored up.Market structure is the most important and least understood factor in the entire short-squeeze game.And if you don't understand every dependent clause and every comma versus period in the rules and regs you are in for a shock.....