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Robinhood Launches Commission-Free Options TradingRobinhood, the world's fastest-growing brokerage democratizing America's financial system, released free options trading providing all investors access to one of the most powerful trading tools. Options trading on Robinhood is designed to be a cost-effective and seamless experience, distinct from existing offerings. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171213005259/en/ (Photo: Business Wire) "In 2015, by focusing on technology and automation, we challenged the finance industry with the launch of commission-free equity trading, paving the way for millions of Americans to participate in their own financial system," said Baiju Bhatt, Robinhood's Co-Founder and Co-CEO. "Today, we are doing it again, with commission-free options trading, rooted in the belief that sophisticated investment tools don't need to be complex or reserved for the wealthy." Here are some highlights of Robinhood's options service:
Options trading is available on Robinhood starting today with a full release expected in early 2018. Options trading is not suitable for everyone and Robinhood investors must complete a short risk profile before being approved for options trading. More information about options trading can be found at the Help Center and in the options risk disclosure document. About Robinhood Robinhood is democratizing access to America's financial system. Launched in 2015 by Co-Founders and Co-CEOs Vlad Tenev and Baiju Bhatt, Robinhood's powerful investment platform offers commission-free U.S. equity and options trading, as well as margin and extended hours trading through Robinhood Gold. The fastest-growing brokerage ever, Robinhood counts over three million users and billions of dollars in transaction volume. Headquartered in Palo Alto (News - Alert), California, the company is backed with $176 million from DST Global, Index Ventures, NEA, and Thrive Capital, and most recently valued at $1.3 billion.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171213005259/en/ |