Reported about 1 month ago
Robinhood has launched a desktop platform and added futures and options trading as part of its strategy to attract more experienced traders and compete against traditional brokerages like Charles Schwab. Analyst John Todaro believes these enhancements cater to a growing demand for advanced trading products among retail investors who have gained experience since the pandemic. By offering lower fees and broader product offerings, Robinhood aims to increase its market share, especially among younger and more sophisticated investors.
Source: YAHOO