CME Group has started rolling out futures contracts on Robinhood, giving US retail traders access to cryptocurrency and other asset classes.
CME Group Expansion of Futures Trading on Robinhood
CME Group and Robinhood Derivatives, LLC announced that US retail traders will now have access to some of the most popular futures contracts. These include Bitcoin and Ether futures, as well as futures for major equity indices, foreign exchange, metals, and commodities. The rollout has begun and will continue in the coming weeks.
Julie Winkler, Chief Commercial Officer at CME Group, stated, “We are extremely pleased to offer some of our most popular futures contracts to the broad network of retail traders on Robinhood.” She added that demand for futures trading has increased among self-directed traders looking for diversified investment opportunities.
Robinhood has introduced a new mobile trading ladder designed for efficiency and ease of use. JB Mackenzie, VP and GM of Futures and International at Robinhood, said, “This reimagined experience, coupled with some of the lowest fees in the industry, makes trading futures at Robinhood an easy decision.”
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Kelvin Munene Murithi
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