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Robinhood's adjusted loss per share came in at $0.57, a penny more than estimated. Monthly active users in the first quarter totaled 11.8 million, up from 11.4 million in the fourth quarter of ...
Features of the service will include the ability to select from 6,000 US stocks and 24-hour trading five days a week. This marks Robinhood's third attempt at bringing its business to the UK.
The ability to trade 24 hours may help those with a clear read on the stock market, but long-term buy-and-hold investors may not find the extra hours all that necessary to invest.
After all, they can trade cryptocurrencies 24 hours a day, and the same is true for foreign exchange markets. Making moves outside normal trading hours, however, comes with increased risks that ...
With signs of interest from investors, new players are trying to enter the 24-hour market space. 24X, the Cohen-backed trading platform, hopes to gain SEC approval for a 24-hour exchange this year.
Responding to feedback from traders, Robinhood also added futures trading to the app. Customers can now trade in futures on the S&P 500, Bitcoin, oil and other assets nearly 24 hours a day.
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Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from ...