Robinhood targets NASCAR fans sponsoring 23XI Racing
At select NASCAR Cup Series races this season, Bubba Wallace and 23XI development driver Corey Heim will pilot Robinhood-branded cars.
At select NASCAR Cup Series races this season, Bubba Wallace and 23XI development driver Corey Heim will pilot Robinhood-branded cars.
Robinhood earlier this year also pulled a Super Bowl event contract, following regulator pressure.
Robinhood Banking will launch this fall, at which point the Robinhood Credit Card app will become a banking app.
The College Basketball Tournament and target fed fund rate event contracts will be tradeable daily on Robinhood from 8am to 3am ET.
Robinhood Financial and Robinhood Securities failed to establish a reasonable supervisory system to comply with FINRA rule obligations.
CQG and Robinhood have partnered to use CQG’s infrastructure to handle order routing for Robinhood Derivatives’ futures customer orders.
Driving Robinhood’s growth were soaring Crypto revenues of $358 million in Q4 versus just $61 million in Q3.
Options are contracts between buyers and sellers whose value is derived from an underlying asset, such as a stock or an index.
For those who already placed trades, Robinhood plans on providing the option to close their positions or take them to resolution.
Robinhood is launching event contracts for the upcoming Kansas City vs. Philadelphia championship game through Robinhood Derivatives LLC.