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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 ...
Co-founder of Robinhood Vladimir Tenev speaks onstage during TechCrunch Disrupt NY 2016 at Brooklyn Cruise Terminal on May 10, 2016, in New York City. 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.
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.
Robinhood also plans to expand its presence as an educational platform to empower traders in the U.K. The company has a separate news service that provides stock analysis.
Robinhood’s decision to begin offering election futures comes shortly after another prediction markets platform, Kalshi, won a ruling against the Commodity Futures Trading Commission that had ...
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