Tagged: robinhood

March 20, 2025 @ 4:03 pm By JD Alois  |  

Robinhood  (NASDAQ: HOOD) has announced a new business segment with the launch of a prediction markets hub. The new vertical is operated by Robinhood Derivatives. The hub will enable trading on contracts for what the upper bound of the target Fed funds rate may be… Read More

March 11, 2025 @ 3:41 pm By JD Alois  |  

Robinhood (NASDAQ: HOOD) has been penalized by FINRA for allegations of certain regulatory transgressions. According to the FINRA documents, Robinhood Securities must pay a fine of associated with a “failure to detect investigate, or report a wide variety of suspicious activity, including manipulative trading, suspicious… Read More

February 25, 2025 @ 7:31 pm By Omar Faridi  |  

Brex, the spend platform for businesses from startups to enterprises,  announced its enterprise business grew revenue “80%, while net revenue retention was nearly 140% YoY.” This past year, Brex’s overall revenue growth reportedly “grew threefold with net revenue retention up 15 points.” Brex now serves… Read More

February 25, 2025 @ 9:34 am By JD Alois  |  

During the Biden Administration, digital assets were regulated by enforcement as the Securities and Exchange Commission (SEC) refused to provide regulatory clarity for firms engaged in the trading and issuance of crypto. In effect, the SEC told platforms and issuers to come in and register… Read More

February 11, 2025 @ 12:03 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has launched options trading in the UK. Jordan Sinclair, President of Robinhood UK, said that options trading in the UK has been historically difficult due to high fees and complicated platforms. Their service is said to be both affordable and accessible for their… Read More

January 30, 2025 @ 2:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and Robinhood Derivatives, LLC, announced that some of CME Group’s most “popular” futures products have started rolling out on the Robinhood mobile app. Over the coming weeks, eligible Robinhood (NASDAQ:HOOD) customers in the U.S. will have access to futures products… Read More

January 13, 2025 @ 5:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and Robinhood Financial LLC. The monetary settlement concerns various charges leveled by the SEC at the broker-dealers. Robinhood Securities agreed to pay a $33.5 million penalty, and Robinhood… Read More

January 3, 2025 @ 7:46 am By JD Alois  |  

Bitstamp CEO  Jean-Baptiste Graftieaux says 2024 was a transformative year for the digital asset sector. Bitstamp is a European crypto exchange that claims to be the world’s longest-running marketplace for crypto. In 2024, Robinhood acquired Bitstamp for $200 million as the broker sought to expand its… Read More

December 16, 2024 @ 7:43 am By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) noted that 2024 was an important year for Robinhood Crypto—and for the entire crypto industry. As they mark the first year of the launch of Robinhood Crypto in Europe, they take a detailed look back at the milestones they’ve achieved together…. Read More

December 4, 2024 @ 8:25 am By Omar Faridi  |  

At Robinhood (NASDAQ:HOOD), they claim to be committed to making investing more accessible and transparent for everyone. Robinhood Markets noted that this is why they’re introducing an important feature designed to help customers “manage their tax liabilities and give them flexibility when selling stocks” —Tax Lots…. Read More

November 27, 2024 @ 5:35 pm By JD Alois  |  

Robinhood Crypto EU has added USDC, a dollar-based stablecoin issued by Circle, to its platform. The new feature was revealed in an X earlier today. Robinhood Crypto EU claims to provide the lowest cost average trading in Europe for 30+ different digital assets. As the… Read More

November 27, 2024 @ 3:37 pm By Omar Faridi  |  

Robinhood Crypto, part of Robinhood Markets (Nasdaq: HOOD), is announcing the launch of Ethereum (ETH) staking, enabling European customers to seamlessly earn rewards on their ETH holdings. For a limited time period, Robinhood Crypto is reportedly offering a “100% match” on staking earnings, up to… Read More

November 19, 2024 @ 1:08 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has acquired TradePMR, a registered investment advisor (RIA) with $40 billion in assets under administration based in Florida. TradePMR is said to have “one of the strongest RIA networks in the industry.” The goal is customer acquisition, and the two companies plan to build… Read More

November 18, 2024 @ 5:13 pm By Omar Faridi  |  

Robinhood Crypto, a division of Robinhood Markets (Nasdaq: HOOD), expands its offering with Solana (SOL), Pepe (PEPE), Cardano (ADA) and XRP (XRP) for U.S. customers. Robinhood Crypto’s commitment to expanding access whole also maintaining a safe platform now deepens with the addition of 4 digital assets…. Read More

October 28, 2024 @ 8:41 am By JD Alois  |  

Robinhood (Nasdaq: HOOD) has entered the Prediction Market with a new offering allowing its users to bet on the Presidential election. The service is powered by the recently announced Robinhood Derivatives service which was revealed a couple weeks ago at the Hood Summit. Robinhood will… Read More

October 22, 2024 @ 3:24 pm By Omar Faridi  |  

Robinhood Markets (Nasdaq: HOOD) has launched margin investing in the United Kindom. Robinhood Markets noted that their “competitive” rates for UK customers range from 5.2% to 6.25%. At Robinhood Markets, they claim to be empowering customers with the tools they need to navigate the financial… Read More

October 14, 2024 @ 4:04 pm By Omar Faridi  |  

Robinhood (Nasdaq: HOOD) has introduced a new “visual identity” that aims to reflect Robinhood’s growth and vision for the foreseeable future. When Robinhood was first established, they claim to have set out to build a platform that gives everyone improved access to the financial markets. During… Read More

October 7, 2024 @ 3:43 pm By Omar Faridi  |  

Robinhood Crypto, from Robinhood Markets (Nasdaq: HOOD), has recently launched cryptocurrency transfers across European markets. Robinhood Crypto customers residing in Europe are now able to deposit as well as withdraw 20+ cryptocurrencies, and will reportedly be able to earn a 1% deposit match for a… Read More

September 25, 2024 @ 6:55 am By Omar Faridi  |  

Robinhood Markets (Nasdaq: HOOD) has been promoting “rock-bottom” or highly competitive fees for options trading. but then come the hidden costs, according to a report from the WSJ. Clients using the Robinhood platform are reportedly dealing with considerably higher transaction costs than those of other… Read More

September 5, 2024 @ 11:04 am By Omar Faridi  |  

California Attorney General Rob Bonta announced a $3.9 million settlement with crypto trading platform Robinhood Crypto, LLC for failing to allow customers to withdraw their cryptocurrency from their Robinhood accounts from 2018 to 2022, and for “failing to fully disclose aspects of its trading and… Read More