As part of the restructuring, Aparna Chennapragada, Robinhood’s Chief Product Officer, will be leaving the company.
The SEC wants a more competitive alternative to PFOF, where client orders are auctioned off or competed for in an orderly fashion.
Jason Warnick, Chief Financial Officer of Robinhood Markets, Inc. (NASDAQ:HOOD), has sold further 20,000 shares in the broker.
ClearBank powers Ziglu’s real-time processing and reporting for its GBP virtual accounts, using API and cloud-based solutions.
Several traders have filed an appeal from a ruling in favor of Robinhood and Citadel in a lawsuit about the January 2021 short squeeze.
Scott Sandell notified Robinhood Markets of his resignation as a member of the company’s Board of Directors.
The Court has dismissed for good the antitrust claims against Robinhood and Citadel regarding the January short squeeze.
Jason Warnick, Chief Financial Officer of Robinhood Markets, has sold further 20,000 shares in the broker.
Stock Lending is currently rolling out to customers and Robinhood expects it to be available to all customers by the end of May.
The changes at Robinhood come on the heels of weak recent results, as well as a steady and continued fall in Robinhood shares.