Robinhood 24 Hour Market will allow trades to be executed between 8:00 p.m ET and 4:00 p.m. ET. Trade orders will be routed through overnight trading platform Blue Ocean. Market makers Virtu Financial and Jane Street Group will be on the other side of trades, profiting off of the order flow.
When Robinhood 24 Hour Market launches next week, investors and traders will be able to trade 43 popular stocks including Tesla, Amazon, and Apple according to WSJ. With over $78 billion of assets under custody, and 11.8 monthly active users (MAUs), Robinhood clearly has maintained the trust of some of the public. The affordability benefits of fractional share ownership were a decent selling point in 2020-2021, and the 24 Hour Market could be another gimmick that could be a nice piece of cheese to lure obsessive investors into the platform.
[link] [comments] https://www.reddit.com/r/stocks/comments/13eeuav/robinhood_24_hours_market_huh/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
