About the Company
Robinhood Markets, Inc. is an American financial services company that is headquartered in Menlo Park, California. The company was established in the year 2013. The company is also known to be a pioneering commission-free trades of stocks and exchange-traded funds through a mobile application that was introduced in March 2015. It is a FINRA-regulated broker-dealer and is also registered with the United States Securities and Exchange Commission. The company is also an active member of the securities investor protection corporation. The company's revenue comes from sources such as the interest earned on customers' cash balance, a sale order information to high-frequency traders that is a practice for which the SEC opened an investigation into the company in September 2020, and also margin lending. Robinhood Markets, Inc. is already a company that has 31 million users. Robinhood Markets, Inc. went public on the Nasdaq on the 29th of July, 2021, under the stock ticker HOOD. The products of the company include commission-free trades of stocks and ETFs, cryptocurrency trading, and checking and savings accounts, along with debit cards issued by Ohio-based Sutton Bank.;
Organisation | Robinhood Markets Inc |