Robinhood(NASDAQ: HOOD) announced a new election product on Monday, which shows how quickly advanced products like swaps are making it to the trading platform. In this video, Travis Hoium covers what a swap contract is and how this could be a big part of Robinhood's future growth.
*Stock prices used were end-of-day prices of Oct. 28, 2024. The video was published on Oct. 28, 2024.
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Travis Hoium has positions in Robinhood Markets. The Motley Fool has positions in and recommends Interactive Brokers Group. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
