Robinhood halts Super Bowl betting contracts after CFTC request
The halt comes just a day after Robinhood launched the product. Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl clash this weekend, after the online brokerage received a request from the U.S. Commodity Futures Trading Commission.
The platform with nearly 25 million customers provided the option to purchase contracts on who would win the “Pro Football ...
After acquiring Bitstamp, the retail trading juggernaut is giving U.S. customers the option to buy cryptocurrency futures.
Raymond James analyst Patrick O’Shaughnessy initiated coverage of Robinhood (HOOD) with a Market Perform rating and no price target Robinhood ...
Robinhood has suspended trading of event contracts on the outcome of this weekend's "Pro Football Championship," just a day after announcing the promotion. Robinhood said Tuesday that it had ...
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