Robinhood to acquire TradePMR for $300M
Robinhood Markets, Inc. has entered into an agreement to acquire TradePMR, a custodial and portfolio management platform.
Robinhood Markets, Inc. has entered into an agreement to acquire TradePMR, a custodial and portfolio management platform.
More than 500 million election contracts traded, just a week after Robinhood launched its Presidential Election Market.
Aftermarket trading Wednesday saw Robinhood shares changing hands at about $25, down 11.4%.
Event contracts allow customers to trade on the outcome of specific events, such as whether a candidate will win an election.
Margin investing allows customers to borrow money from Robinhood, leveraging their existing holdings to purchase additional securities.
Robinhood customers will soon be able to trade index options – including Cboe’s flagship S&P 500 Index (SPX) options.
Robinhood introduced the first IRA with a match – democratizing access to retirement that does not require a traditional employer.
Robinhood will also have prominent placement on the Grizzlies home court, with the logo positioned along both baselines.
The Rosen Law Firm, P.A. has provided clarity regarding the proceedings in the lawsuit against Robinhood over the January 2021 short squeeze.
Traders suing Robinhood over the January 2021 short squeeze are in limbo, as the partial settlement provides no solution to all plaintiffs.