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Aftermarket trading Wednesday saw Robinhood shares changing hands at about $25, down 11.4%.
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Event contracts allow customers to trade on the outcome of specific events, such as whether a candidate will win an election.
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Margin investing allows customers to borrow money from Robinhood, leveraging their existing holdings to purchase additional securities.
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Robinhood introduced the first IRA with a match – democratizing access to retirement that does not require a traditional employer.
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Robinhood expanded to the EU late last year, with its Europe offering centered on crypto trading.
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Robinhood will also have prominent placement on the Grizzlies home court, with the logo positioned along both baselines.
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Customers could not withdraw their cryptocurrency and were forced to sell it back to Robinhood to exit the trading platform.
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Jeff Pinner joins Robinhood from GM and Honda backed self driving vehicle company Cruise, where he was a distinguished engineer.
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The largest individual Revenue item for Robinhood is now actually Interest income, up 22% year-over-year to $285 million.
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Robinhood 24 Hour Market’s execution venue, Blue Ocean ATS (BOATs), has suspended overnight trading.
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