- Robinhood Markets Inc. is introducing perpetual futures tied to commodities, ETFs, and currencies for eligible customers in Europe.
- The new trading instruments include contracts for gold, silver, crude oil, and the euro-dollar exchange rate with no expiry date.
- The platform will offer leverage of up to 10 times on these contracts, aiming to leverage the 24/7 trading demand seen in crypto markets.
Quotes
“Robinhood Markets Inc. is rolling out perpetual futures tied to commodities, exchange-traded funds and currencies in Europe, seeking to capitalize on the rise in round-the-clock trading that’s long been a feature of crypto markets.”