Reported 3 months ago
Devin Ryan, director of financial technology research at Citizens JMP, discusses how Robinhood may weather the impact of declining interest rates. While some analysts worry that lower rates could negatively affect the company, Ryan points out potential benefits such as increased margin balances and the recovery in securities lending that could offset the expected $40 million loss from a 25-basis-point rate cut. He believes that Robinhood has the resilience to handle these changes in interest rates effectively.
Source: YAHOO