13.07.2023
Robinhood expands 24-hour market access to all clients
13.07.2023
Glory Faleke
Contributor

Broker Robinhood is the first to add the ability to trade single-name stocks in the U.S. 24 Hour Market to its platform. The Robinhood 24 Hour Market service was launched in May of this year, but not all users were able to access it as part of testing.

After successfully passing the tests, the service became available to all Robinhood clients.

According to Cryptonews, in the new version of the service, users will be able to use 43 of the most popular stocks and ETFs to place limit orders. For example, clients can trade shares of major companies such as Tesla, Amazon, and Apple.

The trading session runs from 8:00 p.m. ET (24:00 GMT) on Sunday through 8:00 p.m. ET (24:00 GMT) on Friday.

The broker had previously indicated that it intended to launch the service as early as last month, but the launch has been delayed for now.

"We are constantly working to develop products that are tailored to our clients' lives and trading environments and to make investing more accessible to everyone, not just a select few," Robinhood said of the current changes.

"As we have previously heard from clients that it was difficult to find time to invest during regular market hours, balancing time between work, family, and everything in between, this issue has now been resolved in the interest of our clients," the broker's press office said.

We also wrote earlier that IC Markets and Paysafe are expanding their partnership in Latin America.