Robinhood adds AI agents, perps and weekend trading in push to win active traders
The brokerage is expanding its trading hours and adding leveraged crypto products and automated trading tools to attract more active investors.
Robinhood HOOD$116.21·Market Closed is borrowing more from the crypto playbook as it looks to win more business from active traders on its platform.
On Tuesday, at its HOOD Summit in Houston, Texas, the brokerage unveiled AI agents that can execute trades, crypto perpetual futures with up to 10 times leverage and weekend trading for U.S. stocks. It is also extending options trading hours, offering more intraday margin and adding contracts that let users trade on corporate earnings metrics.
The bet Robinhood is making is that traders want more markets, longer hours and more ways to take risk — and that it can give them those tools without sending them somewhere else.
“I would think of the agent as an extension, like a trading tool that's mainly for research that can execute trades,” Gina Pasqua-Abeles, senior director of product management, said. “We do expect users to still have some level of oversight over what their agent is doing.”