Baiju Bhatt, a Robinhood cofounder.
Steve Jennings/Getty Images for TechCrunch
Robinhood told users on Thursday, hours before the market open, to raise their cash buffers on several widely held stocks because they could face an account deficit. The trading platform said that to “help protect” customers from increased volatility before the US election, from Friday onward it would increase the minimum amount a user must hold in their account. “If you hold any of the affected stocks on margin, your buying power may decrease or your account may be in a deficit after these changes go into effect,” Robinhood said. “If you do not resolve the margin call, we may need to sell off some or all of your stock to cover the call,” it