How Robinhood could take market share from brokerages like Schwab

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 58 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 63%

Robinhood Nouvelles

John Todaro,Product Offerings,Charles Schwab

Robinhood (HOOD) has announced the launch of a desktop platform and added futures and options trading to the app as it seeks to expand its platform and...

) has announced the launch of a desktop platform and added futures and options trading to the app as it seeks to expand its platform and offerings for traders.

Now, Robin Hood announcing a new desktop platform in the addition of futures and index options trading to its app earlier today, Yahoo Finance's very own.Brian Sazi caught up with Robin Hood, Ceo Vlad Tenev about what's driving some of the updates, the majority of our customers right now.Uh but if if you look at the broader market, about half of of trading happens on desktop and web because the additional screen real estate allows traders to do different things.

I mean, Robin Hood sort of has the reputation of having the younger trader or the first time trader to the people got into it during the pandemic and then kept at it. Um So there is some ground to, to kind of make up to get back to, to prior peaks where it was in 2021.And then I also think where they could compete uh continuously on market share would be if you start getting those rate cuts.Uh And then the new product offerings have some compete for market share and, and let's talk about the other thing that's coming up that could also affect um not just Robin Hood, but some of the other uh platforms like a Coinbase, for example, that you also cover.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

TD Bank Group says Charles Schwab investment will add C$178M for Q4TORONTO — TD Bank Group says The Charles Schwab Corp.'s third-quarter results are expected to translate into about $178 million of reported equity in net...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

TD Bank Group says Charles Schwab investment will add C$178M for Q4TD Bank Group says The Charles Schwab Corp.‘s third-quarter results are expected to translate into about $178 million of reported equity in net income for the Canadian bank’s fourth quarter.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

TSMC earnings lift chip stocks, Robinhood CEO on new tools: Morning BriefThe tech sector is getting a boost higher Thursday morning after Taiwan Semiconductor Manufacturing Company (TSM) topped third quarter earnings results and...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »