robinhood
Why Robinhood Stock Is Down Today? HOOD Plummets 20% amid Broader Nasdaq and Tech Sell-Off
- Nasdaq 100 crashed 4%, dragging Robinhood stock down with tech sector woes.
- Robinhood shares sank 20% as crypto trading slumped with Bitcoin’s fall.
- The imposed financial penalty by FINRA on Monday, totaling $30 million, was also important.
Tuesday, 11/03/2025 | 10:02 GMT by
Damian Chmiel
Five Years After GameStop Chaos, Robinhood Again Sanctioned by FINRA for $29.75 Million
- The trading app must pay a $26 million fine, $3.75 million in customer restitution.
- This is the second major penalty since 2021's record $70 million fine, which highlights the trading app's continuing compliance struggles.
Monday, 10/03/2025 | 07:15 GMT by
Damian Chmiel
Robinhood Expands Futures Trading With CQG Partnership
- This collaboration aims to improve trade execution for Robinhood’s derivatives customers by using CQG’s trading technology.
- Robinhood has been expanding its footprint in derivatives trading, and this partnership strengthens its order execution process.
Thursday, 06/03/2025 | 13:49 GMT by
Jared Kirui
After Nearly a Year of Scrutiny, SEC Ends Robinhood Crypto Investigation
- While celebrating the investigation’s closure, Robinhood also criticized the SEC’s reliance on “regulation by enforcement.”
- The decision followed a Wells Notice issued to Robinhood Crypto in May 2024.
Monday, 24/02/2025 | 13:31 GMT by
Jared Kirui
Robinhood Expands to Asia, Plans Crypto Services in Singapore
- The company aims to introduce crypto products in Singapore following its $200 million acquisition of Bitstamp.
- Singapore’s stable regulatory environment makes it an attractive destination for financial firms, including Robinhood.
Tuesday, 18/02/2025 | 13:46 GMT by
Jared Kirui
CFTC Targets Crypto.com for Super Bowl Trades: Will Robinhood Be Next?
- The regulator has investigated Crypto.com's sports-related event contracts developed by Kalshi.
- It raises questions about similar offerings through Robinhood's newly announced Pro Football Championship Market.
Tuesday, 04/02/2025 | 07:07 GMT by
Damian Chmiel
Robinhood Users Gain Access to CME Group’s Equity, Crypto, and Commodity Futures
- The offering includes futures tied to S&P 500, Nasdaq-100, Russell 2000, Dow Jones, Bitcoin, and ether.
- Robinhood app users in the US are gaining access to CME Group futures products.
Wednesday, 29/01/2025 | 15:18 GMT by
Tareq Sikder
Robinhood Expands Across Europe, Launching Crypto Services in Spain
- This expansion followed the company's previously announced plan to extend its presence in the European Union and the United Kingdom.
- Robinhood’s expansion comes amid the implementation of the Markets in Crypto-Assets regulations in the European Union.
Tuesday, 21/01/2025 | 15:19 GMT by
Jared Kirui
Former Tinder CEO Swipes Right on Robinhood Board Position
- Tech industry veteran Christopher Payne joins Robinhood’s Board of Directors.
- He brings over three decades of experience from leadership roles at DoorDash, Tinder, eBay, Microsoft, and Amazon.
Thursday, 19/12/2024 | 07:33 GMT by
Damian Chmiel
Robinhood Expands Wealth Management Services With $300M TradePMR Acquisition
- The partnership includes a referral program connecting fiduciary advisors with Robinhood.
- The deal, which involves cash and stock, is expected to close in the first half of 2025.
Tuesday, 19/11/2024 | 13:18 GMT by
Jared Kirui
Robinhood's User Base Soars Past 24M as Deposits Hit $5.2B Mark
- The platform added 90,000 new funded customers and reported strong growth across all major metrics.
- For example, trading volumes rose 48%, and assets under custody reached $159.7 billion.
Tuesday, 12/11/2024 | 07:27 GMT by
Damian Chmiel
Robinhood, Kraken Form Alliance to Challenge USDT and USDC Duopoly in $170 Billion Market
- The retail trading platform joins major crypto firms to launch the Global Dollar Network and USDG token.
- The initiative aims to democratize stablecoin benefits while challenging current market leaders, including Tether.
Tuesday, 05/11/2024 | 11:14 GMT by
Damian Chmiel
Robinhood’s Q3 Crypto Gains Couldn’t Prevent a 12.5% Share Drop: What Happened?
- Crypto trading volume on the platform doubled, while crypto revenue surged by 165 percent.
- However, net revenue was impacted by a $27 million reduction due to matches paid to customers on transfers and deposits.
Thursday, 31/10/2024 | 05:07 GMT by
Arnab Shome
Robinhood Clients in the UK Can Now Borrow Money for Margin Investing
- The fintech giant expands offerings in the UK market, with rates starting at 5.2%.
- Six months ago, a zero-fee trading platform entered the local market, offering no foreign exchange commissions.
Monday, 21/10/2024 | 07:38 GMT by
Damian Chmiel
Robinhood Expands Offerings, Challenging Traditional Brokers
- 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.
Thursday, 17/10/2024 | 06:37 GMT by
Damian Chmiel
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