You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
You can bet on the election on Robinhood, but the details of how this is done are important for Robinhood's long-term growth.
Robinhood (HOOD 4.51%) 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.
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.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
