Robinhood buys Marex FCM as futures entry takes shape

ajacobson

ajacobson

Robinhood Markets quietly acquired a US futures executing broker from Marex at the start of this year, the retail trading powerhouse has confirmed to Risk.net. Marex had a spare futures commission merchant (FCM) entity to offload following its $220 million acquisition of ED&F Man Capital Markets in 2022, giving Robinhood the chance to buy a vital piece of derivatives market infrastructure off the shelf to aid its entry into futures trading.
 
I was just mentioning this, I was wondering when Robinhood was entering into futures, looks like summer it will be rolling out. This will be really interesting since most Robinhood users are very young.
 
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