Robinhood pulls March Madness event contracts from NJ as Kalshi sues
Robinhood earlier this year also pulled a Super Bowl event contract, following regulator pressure.
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.
Robinhood CEO Vlad Tenev: John has strong experience driving innovation and growth across platforms.
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.
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.
Robinhood UK officially opened its (virtual) doors in Q1-2024, and during the year added margin investing.