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.
FTMO Comes to India: Opening Market It Previously Excluded
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official