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Brokers

Crypto Trading Popularity on Robinhood Fades in Q3, Losses Mount to $1.3B

  • Revenue from crypto trading came down to $51 million from Q2’s $233 million.
Wednesday, 27/10/2021 | 06:26 GMT by Arnab Shome
Retail FX

Robinhood Keeps Doubling Its Headcount on Tech Team

  • The trading platform recently made three key hirings of former major banks employees.
Thursday, 23/09/2021 | 15:45 GMT by Felipe Erazo
News

Robinhood Is Working on a Crypto Wallet Feature

  • The wallet will allow Robinhood users to send, receive and store multiple cryptocurrencies.
Tuesday, 21/09/2021 | 07:57 GMT by Arnab Shome
Brokers

Robinhood Q2 Revenue Jumps 131% with $233M from Crypto Trading

  • More than half of the transaction-based revenue of the company came from crypto trading.
Thursday, 19/08/2021 | 10:52 GMT by Arnab Shome
Brokers

Robinhood Faces Regulatory Probe on Staff’s Meme Stock Trading

  • Both the SEC and FINRA are seeking details from the broker on multiple matters.
Wednesday, 28/07/2021 | 08:50 GMT by Arnab Shome
Retail FX

Robinhood Is Seeking $35 Billion Valuation in Upcoming IPO

  • The broker will sell 55 million shares to raise up to $2.3 billion.
Monday, 19/07/2021 | 13:33 GMT by Arnab Shome
Retail FX

FINRA Orders Robinhood to Pay $70 Million for Supervisory Failures

  • The regulator stated that sanctions imposed represent the largest financial penalty ever ordered by them.
Wednesday, 30/06/2021 | 22:50 GMT by Felipe Erazo
Brokers

Robinhood IPO Plan Delays as SEC Reviewing Its Crypto Business

  • The IPO could be pushed till next fall.
Friday, 25/06/2021 | 06:41 GMT by Arnab Shome
News

Crypto Platform to Compensate Retail Robinhood Investors for Their Losses

  • Eligible traders will be compensated by NINT Coin for losses of up to $10,000.
Thursday, 24/06/2021 | 18:05 GMT by Felipe Erazo
Brokers

US SEC Publishes Plan to Distribute $65 Million Robinhood Penalty

  • The broker was fined last year for its ‘payment for order flow’ model.
Monday, 07/06/2021 | 09:07 GMT by Arnab Shome
Executive Moves

Robinhood Picks Three New Directors for Its Markets Board

  • Jon Rubinstein, Paula Loop and Robert Zoellick are the newly-appointed Robinhood Markets Board of Directors' members.
Tuesday, 01/06/2021 | 19:23 GMT by Felipe Erazo
Products

The Free Stock Trading Industry after the GameStop Madness

  • The apogee of gamification and retail speculation can still change the whole industry.
Thursday, 27/05/2021 | 09:33 GMT by Sylwester Majewski
CryptoCurrency

Robinhood Crashes as Dogecoin Plummets 30%

  • This is not the first time the financial trading app has crashed during periods of high volatility.
Sunday, 09/05/2021 | 05:40 GMT by Finance Magnates Staff
Executive Moves

Robinhood Crypto Appoints Christine Brown as COO

  • Brown has more than 10 years of experience in product management and operations.
Friday, 23/04/2021 | 09:02 GMT by Bilal Jafar
Trading

Robinhood Faces Outage again Due to ‘Unprecedented’ Crypto Demand

  • The platform is particularly not allowing Dogecoin purchases.
Friday, 16/04/2021 | 15:48 GMT by Arnab Shome
News

Robinhood Faces Technical Issues, Dogecoin Jumps 100%

  • The crypto trading platform faced some issues today amid a surge in demand.
Friday, 16/04/2021 | 06:01 GMT by Bilal Jafar
News

Robinhood Reports Surge in Cryptocurrency Traders

  • More than 9.5 million customers traded crypto on the company’s platform in Q1 of 2021.
Friday, 09/04/2021 | 07:29 GMT by Bilal Jafar
Brokers

Robinhood Expands Physical Presence with New Office in Charlotte

  • The new Charlotte office brings Robinhood’s presence to eight cities in the US.
Tuesday, 30/03/2021 | 17:22 GMT by Aziz Abdel-Qader
Brokers

Robinhood to Allow Users Access New Stock Listings at IPO Price

  • Robinhood itself is mulling selling a significant number of its shares directly to users of its platform.
Thursday, 25/03/2021 | 22:08 GMT by Aziz Abdel-Qader
Brokers

Robinhood Files IPO Paperwork with SEC to Go Public

  • Robinhood did not reveal when it expects to go through with the offering, how many shares to sell or at what price.
Tuesday, 23/03/2021 | 21:32 GMT by Aziz Abdel-Qader
Executive Moves

Google Exec Joins Robinhood as First Chief Product Officer

  • Chennapragada’s experience with the tech giant will come in handy in her new position, says Robinhood CEO.
Wednesday, 17/03/2021 | 20:29 GMT by Aziz Abdel-Qader
Brokers

Robinhood Lures Investors with Cash Bonus as Stimulus Checks Loom

  • Robinhood is offering traders up to 5% bonus on new deposits as stimulus checks set to go out
Wednesday, 17/03/2021 | 15:20 GMT by Aziz Abdel-Qader
Brokers

Robinhood Sets Aside $26 Million to Cover SEC, FINRA Fines

  • The investigation audits Robinhood’s trading restrictions, platform outages and poor communications with customers.
Friday, 26/02/2021 | 22:09 GMT by Aziz Abdel-Qader
Trading

Robinhood Crypto App Onboards 6 Million Users in Two Months

  • Robinhood Crypto offers trading on seven virtual coins, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum and Litecoin.
Thursday, 25/02/2021 | 23:07 GMT by Aziz Abdel-Qader
Brokers

Robinhood CEO Denies Collusion with Hedge Funds in GameStop Saga

  • Robinhood CEO told lawmakers it is time to consider real-time settlement in equities trading.
Thursday, 18/02/2021 | 17:34 GMT by Aziz Abdel-Qader
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