Robinhood Expands Trading Hours and Introduces AI Tools for Active Traders
Robinhood announced new features at its HOOD Summit, including extended trading hours to allow U.S. equities trading 24/7 starting next year. The company also introduced crypto perpetual futures contracts and enhanced AI-powered automated trading tools designed to help users execute around-the-clock strategies. These updates reflect Robinhood's broader strategy to attract active traders by offering advanced features typically reserved for institutional investors, such as leveraged exposure through perpetuals and automation capabilities. This move positions the platform in direct competition with traditional brokerages like Schwab and crypto-native platforms like Coinbase that have expanded into derivatives markets. Robinhood shares rose 3% following the announcement, signaling investor optimism about its evolving product suite.
Topics: AI_trading_tools crypto_perpetuals retail_brokerages_competition trading_hours