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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 ...
Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right) speak onstage during Day 2 of TechCrunch Disrupt SF 2018 at the Moscone Center on September 6, 2018, in San Francisco, California. Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.
There's never been an easier time to start trading stocks, especially for beginners. Countless apps and websites now offer commission-free trading, and many have extensive educational resources as
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.
Following a funding round in May 2018 which increased Robinhood's valuation to $6 billion, Tenev and Bhatt became billionaires. [4] [8] In November 2020, Tenev became the sole CEO of Robinhood, having previously shared the co-CEO title with Bhatt. [9] In July 2021, Robinhood went public via an initial public offering at a $32 billion valuation ...
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.