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Bloomberg Television

Robinhood to give traders access to futures, index options #shorts 💛

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you’re launching these new products around Futures and index options I’m wondering when you come down to the retail Trader how much more indust uh interest is there from them for these derivative products versus plain vanilla spot trading equities I think for a certain type of customer that is much more advanced and sophisticated uh these products Bill uh fill a need so for example index options when we talk to our most experienced investors they like the fact that they can take a position on an entire market and a sector and they like the fact that since these these products are cash settled they can hold them comfortably up until the market close without having to worry about sellouts and and other things like that and for futures uh if if you remember the 2016 election the market really moved quite a bit and Futures was basically the only product that was Trading at that time went from U 6% down to 1% up um and you know uh for for customers that want to hedge their risk and trade metals and currencies and and Broad indices Futures are a great value proposition

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