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 Nieuws

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 47. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

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.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »

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...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »