Robinhood election trade revenue set to top $2 billion

Nov 5, 2024 · Barclays keeps an Equal Weight rating on Robinhood (HOOD) with a $23 price target after the company said it will be adding election contracts to its platform. While the near …

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Robinhood Election Trade Revenue Set To Top $2 Billion

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Nov 5, 2024 · Barclays keeps an Equal Weight rating on Robinhood (HOOD) with a $23 price target after the company said it will be adding election contracts to its platform. While the near …

5star.media

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Robinhood Election Revenue To Be ‘quite Modest,’ Says Barclays

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Oct 28, 2024 · Barclays thinks Robinhood’s election volumes are likely to be “some fraction” of the $2.5B traded across the U.S. election and popular vote winner on PolyMarket.

nasdaq.com

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Robinhood Stock Hits 3-Year High On Election Trading

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Oct 28, 2024 · Robinhood’s stock climbed nearly 4% on Monday, reaching a three-year high of $28.23 during mid-day trading, following the platform’s rollout of election trading.The digital …

stocktwits.com

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Robinhood Launches Betting On 2024 Presidential Election - The Hill

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Oct 28, 2024 · Americans bet $119.84 billion on sports in 2023, an increase of 27.5 percent from 2022, according to the American Gaming Association’s commercial gaming revenue tracker, …

thehill.com

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Robinhood Makes $2m In One Week From Election Bets

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Nov 5, 2024 · Robinhood charges a $0.01 commission per contract, implying it has made at least $2m in the last week in revenues from commissions alone. Event contracts were in a legal …

tradeinformer.com

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Kalshi & Robinhood Accept Over $300M In Election Contracts

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Nov 5, 2024 · Robinhood plans to settle its contracts on Jan. 7 with payouts coming a day later. Prediction market Polymarket is also getting in on the action. The New York-based financial …

sbcamericas.com

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Brokerages Are Raking In Millions From Your Presidential Election Bets

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Nov 5, 2024 · Robinhood's election contracts trade through ForecastEx, an exchange specifically set up for event contracts. ForecastEx also gets a $0.01 commission for every Robinhood …

morningstar.com

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Robinhood Gets 129% Target Hike As 'Animal Spirits Revive'

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Nov 25, 2024 · HOOD stock pared gains to 3.3% Monday after jumping 7% in premarket trade. The stock is trading around its highest level since November 2021. Robinhood shares have …

investors.com

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Why Robinhood's Newest Product Is A Game Changer For Investors

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Oct 29, 2024 · Robinhood (HOOD 0.62%) announced a new election product on Monday, which shows how quickly advanced products like swaps are making it to the trading platform. In this …

fool.com

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Why Robinhood Stock Surged 192.5% Higher In 2024

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2 days ago · Robinhood (HOOD 5. 48%) has had its fair ... ballooned to $194.6 billion, a 106% increase from one year earlier. ... Robinhood prefers Gold members because of the recurring …

fool.com

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Robinhood Is Fined $45 Million Over A New Set Of Securities …

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3 days ago · Robinhood was hit with $45 million in fresh fines from the Securities and Exchange Commission on Monday, the latest reprimand that the crypto-favorite brokerage has received …

nytimes.com

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Robinhood's Epic Comeback: A 292% Surge You Can't Ignore

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1 day ago · Robinhood (NASDAQ:HOOD) has experienced a 292% in the past twelve months, including a recent 9% share surge at the time of writing, and putting critics on notice. The …

yahoo.com

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Robinhood Markets (NASDAQ:HOOD) Hits New 1-Year High - Still …

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18 hours ago · Robinhood Markets Price Performance. Top 3 Finance Stocks to Hold for Strong Returns This Quarter; The company has a 50 day moving average price of $37.63 and a 200 …

marketbeat.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Robinhood election trade revenue set to top $2 billion Coupon?

How many election contracts did Robinhood trade in 2024?

Robinhood's 2024 election contracts reached 200 million contracts traded within a week of launch, with Trump as frontrunner. Coinbase lobbies for favorable crypto policies. ...

How many election contracts did Robinhood sell in a week?

Robinhood reaches 200 million election contracts traded within a week. 2024 election contracts position Trump as frontrunner at 57 cents. On Tuesday, the recently launched 2024 election contracts on Robinhood Markets Inc HOOD surpassed the 200 million milestone. ...

Who can trade election contracts on Robinhood?

To trade the election contracts, Robinhood customers must be a U.S. citizen and meet other criteria to be approved for an account issued by the platform's derivatives trading arm. ...

Does Robinhood offer presidential election event contracts?

Robinhood joined Interactive Brokers Group and Kalshi in offering presidential election event contracts. Robinhood Markets (HOOD) shares advanced Monday after the online trading platform announced that its customers could now make trades on the outcome of the race for U.S. president. ...

Why did Robinhood Markets (Hood) stock advance Monday?

Robinhood Markets (HOOD) shares advanced Monday after the online trading platform announced that its customers could now make trades on the outcome of the race for U.S. president. The company said it was launching presidential election event contracts starting Monday. ...

Can Robinhood traders sell their contracts at a profit?

There is a high likelihood that the results are known before January, which could give Robinhood traders the ability to sell their contracts at a profit. The question is if they can get close to the full $1 payout or need to wait until the payout date. ...