The company announced the addition of index options and futures trading to its platform in partnership with Cboe.
What is more, it presented a new desktop trading interface called Robinhood Legend.
Robinhood
Markets (NASDAQ: HOOD) has announced a significant expansion of its trading
offerings, introducing index options, futures trading, and a new desktop
platform called Robinhood Legend. At its first-ever HOOD Summit in Miami yesterday
(Wednesday), the popular zero-commission trading platform confirmed a push to cater
to more sophisticated retail investors.
Robinhood Targets Active
Traders with Index Options, Futures Launch
In
partnership with Cboe Global Markets, Robinhood will soon offer index options
trading on its platform, including popular products such as S&P 500 Index
(SPX) options, Cboe Volatility Index (VIX) options, and Russell 2000 Index
(RUT) options. This addition responds to growing demand from retail investors
for more advanced trading tools and risk management strategies.
Steve Quirk, Chief Brokerage Officer at Robinhood
“As
our customers have grown, they have asked us for access to more advanced assets
including index options, which allow them to diversify their portfolio and
better manage risk,” stated Steve Quirk, Chief Brokerage Officer at Robinhood.
According to the company's
latest financial report for Q2 2024, options trading was one of the key revenue
drivers, increasing by 43% year-over-year to $812 million. The company’s total
net revenues for the reported period amounted to $682 million.
Alongside
index options, Robinhood is launching futures trading directly in its mobile
app, allowing traders to trade contracts on assets like the S&P 500, oil,
and Bitcoin.
Perhaps the
most significant announcement is the introduction of Robinhood Legend, a
browser-based desktop trading platform designed for active traders. The
platform offers advanced charting capabilities, real-time data, and
customizable layouts, aiming to compete with established offerings in the
active trading space.
“With
Robinhood Legend, futures, and index options, we're helping customers harness
the full power of the markets so they can take control of their financial
future,” added Vlad Tenev, Chairman and CEO of Robinhood.
The
expansion comes as the options trading market continues to see significant
growth. In 2023, US options volumes exceeded 11 billion contracts, marking the
fourth consecutive year of record activity. This trend has continued into 2024,
with average daily volumes reaching 47 million contracts in the third quarter,
an 8% increase from the previous year.
Education and Promos
To support
the rollout of these new offerings, Robinhood is also enhancing its educational
resources. The company plans to provide articles on futures trading through its
Robinhood Learn platform and will release a series of educational YouTube
videos in the coming months.
As part of
the HOOD Summit launch, Robinhood is offering bonuses for customers who
transfer assets to the platform by October 27, including a 1% bonus on
brokerage account transfers and a 3% bonus on IRA transfers for Gold
subscribers.
The new
features will be rolled out gradually over the coming months, with Robinhood
Legend already available to some users and futures and index options set to
launch on the mobile app in the near future.
Robinhood
Markets (NASDAQ: HOOD) has announced a significant expansion of its trading
offerings, introducing index options, futures trading, and a new desktop
platform called Robinhood Legend. At its first-ever HOOD Summit in Miami yesterday
(Wednesday), the popular zero-commission trading platform confirmed a push to cater
to more sophisticated retail investors.
Robinhood Targets Active
Traders with Index Options, Futures Launch
In
partnership with Cboe Global Markets, Robinhood will soon offer index options
trading on its platform, including popular products such as S&P 500 Index
(SPX) options, Cboe Volatility Index (VIX) options, and Russell 2000 Index
(RUT) options. This addition responds to growing demand from retail investors
for more advanced trading tools and risk management strategies.
Steve Quirk, Chief Brokerage Officer at Robinhood
“As
our customers have grown, they have asked us for access to more advanced assets
including index options, which allow them to diversify their portfolio and
better manage risk,” stated Steve Quirk, Chief Brokerage Officer at Robinhood.
According to the company's
latest financial report for Q2 2024, options trading was one of the key revenue
drivers, increasing by 43% year-over-year to $812 million. The company’s total
net revenues for the reported period amounted to $682 million.
Alongside
index options, Robinhood is launching futures trading directly in its mobile
app, allowing traders to trade contracts on assets like the S&P 500, oil,
and Bitcoin.
Perhaps the
most significant announcement is the introduction of Robinhood Legend, a
browser-based desktop trading platform designed for active traders. The
platform offers advanced charting capabilities, real-time data, and
customizable layouts, aiming to compete with established offerings in the
active trading space.
“With
Robinhood Legend, futures, and index options, we're helping customers harness
the full power of the markets so they can take control of their financial
future,” added Vlad Tenev, Chairman and CEO of Robinhood.
The
expansion comes as the options trading market continues to see significant
growth. In 2023, US options volumes exceeded 11 billion contracts, marking the
fourth consecutive year of record activity. This trend has continued into 2024,
with average daily volumes reaching 47 million contracts in the third quarter,
an 8% increase from the previous year.
Education and Promos
To support
the rollout of these new offerings, Robinhood is also enhancing its educational
resources. The company plans to provide articles on futures trading through its
Robinhood Learn platform and will release a series of educational YouTube
videos in the coming months.
As part of
the HOOD Summit launch, Robinhood is offering bonuses for customers who
transfer assets to the platform by October 27, including a 1% bonus on
brokerage account transfers and a 3% bonus on IRA transfers for Gold
subscribers.
The new
features will be rolled out gradually over the coming months, with Robinhood
Legend already available to some users and futures and index options set to
launch on the mobile app in the near future.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
UK Watchdog Extends Consumer Duty Lens from CFDs to “Complex” Exchange Traded Products
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates