Robinhood Adds Weekend Trading, AI Agents, Crypto Perps — SkimNews
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- Robinhood announced at its HOOD Summit in Houston on Tuesday it will offer 24/7 weekend trading on certain U.S. equities starting next year, extending its 24/5 feature launched in 2023.
- Robinhood introduced AI-powered automated trading tools that let users build their own agents, following its earlier agentic trading launch, and enabling around-the-clock strategy automation.
- Robinhood plans to add crypto perpetual futures contracts in its app, offering leveraged crypto exposure without requiring users to hold the underlying assets.
- HOOD shares jumped 3% in early Wednesday trading following the announcements.
- CEO Vlad Tenev framed the strategy as delivering "tools once reserved for hedge funds, big banks, and quant firms" to retail traders.
- The expansion puts Robinhood in direct competition with Coinbase, which has moved into derivatives, and Schwab, which added 24/7 trading in select crypto futures on thinkorswim earlier this year.
Why it matters: Robinhood is repositioning from a commission-free stock app toward a full active-trading platform now competing directly with Coinbase in crypto derivatives and Schwab in 24/7 market access. HOOD shares rose 3% on the news, and the source notes retail brokerage competition is moving beyond low trading costs toward access, speed, and automation.
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