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Through the first three quarters of 2024, Robinhood's transaction-based revenue, driven primarily by options trading, reached $975 million, equating to a year-over-year growth of 35%.
Robinhood's lastest quarterly results showed that the company's revenue from options trading has continued to balloon as retail investors — or traders — embrace the derivative.
Robinhood, founded in 2013, is an investment platform that pioneered commission-free trading within the brokerage industry. The platform quickly gained popularity by focusing on simplifying ...
Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California. The company provides an electronic trading platform accessible via mobile app that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrency, as well as cryptocurrency wallets, credit cards and other banking ...
Robinhood scooped up crypto exchange Bitstamp in June and took aim at credit players American Express and Visa in March with the launch of a credit card that offers 3% cash back on purchases.
The app gets you in the game faster: Instead of waiting several days for bank transfers to clear, Robinhood can move up to $1,000 into your trading account immediately. Robinhood Gold members can ...
Last week, Robinhood hosted its first inaugural Robinhood Markets Summit 2024 and introduced several new products to its customer base. Al Robinhood's New Index Options & Futures Could Boost ...
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