Robinhood Announces Plans for 24/7 Stock Trading and Earnings Contracts
Robinhood plans to upgrade its existing "24/5" stock trading service to true 24/7 trading, covering weekends, pending regulatory approval. Concurrently, the company will launch binary options contracts linked to corporate earnings (earnings contracts) in its prediction market segment, allowing users to trade on key financial metrics such as company revenue and earnings per share. This service is expected to cover over 20 popular underlying assets, with contract fees waived until the end of the year.
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