On September 30, Robinhood launched perpetual contracts (Perps) for U.S. traders. These contracts have no expiration date, support round-the-clock trading, and allow users to customize leverage up to 10:1. With this product launch, Robinhood becomes the first mainstream brokerage to offer trading services across all six major asset classes on a single platform, including stocks, options, cryptocurrencies, futures, prediction markets, and perpetual contracts.
All Comments