Robinhood unveils weekend hours, AI agents to allow users to trade nonstop
Key Points:
- Robinhood is expanding its trading hours to 24/7 for certain U.S. equities starting next year, extending its current 24/5 trading window to include weekends.
- The brokerage is introducing crypto perpetual futures contracts, enabling users to gain leveraged exposure to cryptocurrencies without owning the underlying assets.
- Robinhood launched AI-powered automated trading tools that allow users to build custom trading agents to automate parts of their trading strategies.
- These new offerings aim to attract more active traders and position Robinhood as a comprehensive platform competing with both crypto-native and traditional brokerages.
- CEO Vlad Tenev emphasized that Robinhood is focused on delivering advanced trading tools previously available only to hedge funds and big financial institutions.