The FCA has published findings from its trading apps review, including links between the use of specific features and trading outcomes for retail clients, in a new research paper. Following this announcement, the findings show a growing number of retail customers who currently access financial products and services through the use of desktop and mobile…
(Reuters) – Robinhood (HOOD) shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets. Retail trading rebounded significantly in 2024 as Bitcoin and U.S. stocks hit all-time highs,…
By Manya Saini and Niket Nishant (Reuters) – 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 traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now…
Robinhood’s (HOOD) evolution from meme stock trading champion to a wealth management platform rages on. The company said late Wednesday it will be launching futures and index options trading on its app, a move widely telegraphed for months. Both features will debut on Robinhood’s app “soon,” per Robinhood. The company also took the wraps off…