Key insights

• Commitment to Active Traders

  • 📈 Introduction of Robin Hood Legend, a desktop platform for active traders with new features
  • 🔒 Commitment to supporting active traders and providing powerful tools
  • 🗓️ Rollout of Legend and other features over the next few weeks
  • 💰 Incentives for account transfers, including bonus percentages for transferring brokerage and retirement accounts
  • 👥 Continued support and commitment to the trading community

• Features and Design of Robin Hood Legend

  • ⏰ 24-hour market function on Robinhood Legend
  • 💻 Two interfaces for trading from market data
  • 🖥️ Multi-monitor setup for trading with linked charts and options chain
  • 🎨 Customizable 'aura' for market session tracking
  • 💡 Design focus on inspiring traders and reducing screen fatigue

• Walkthrough of Robin Hood Legend Platform

  • 📊 Setting up a layout with a watch list, chart, recent orders, and positions
  • 📈 Placing a trade for Caterpillar stock
  • 📉 Importance of high-performance charting and technical indicators on Robin Hood Legend platform
  • 📲 Trading directly from the chart on Robin Hood Legend platform

• Evolution of Electronic Trading and Robin Hood Legend Desktop Platform

  • 💻 In 1980, electronic trading emerged, challenging traditional financial institutions
  • 📈 Independent traders revolutionized trading through platforms like eTrade, Think or Swim, and Options Express
  • 🤦🏻 Legacy financial companies acquired innovative platforms, causing frustration for independent traders
  • 🖥️ Robin Hood introduces a new desktop platform, Robin Hood Legend, designed for active traders' needs, including speed, stability, customization, and free analysis charts

• App Trading Features and Future Expansions

  • 📱 Demonstration of trading on an app with features like adjusting entry/exit points and quick orders
  • 🌟 App praised for user-friendliness and potential future expansions to include stocks, options, and crypto trading
  • 💰 Announcement of surprise feature and competitive pricing for gold subscribers

• Futures Trading and Tools

  • 💱 Introduction of Futures trading on Robinhood app
  • 📈 Availability of 36 diverse products across different categories
  • 📉 Trading the S&P as a demonstration
  • 🧭 Introduction of the trading ladder tool for fast and efficient trading on mobile

• New Features and Improvements

  • 🔄 Introduction of full tax lot management and joint investing accounts
  • 🌐 Offering 24-hour trading of single name stocks and introduction of index options
  • 🛠️ Development of capabilities for 24-hour trading and a new interface for futures trading
  • 📊 Presentation and demonstration of the new trading interface for futures trading

• CEO Presentation at Hood Summit

  • 💼 Addressing the first ever Hood Summit event
  • 🗣️ Acknowledging criticism of Robin Hood's trading limitations
  • 📈 Highlighting efforts to improve the platform for active traders
  • 💹 Reducing margin rates and introducing new tools for options traders

Q&A

• What new features and commitments did Robin Hood highlight for active traders?

  Robinhood introduced the Robin Hood Legend desktop platform for active traders and incentives for account transfers. They are committed to supporting active traders and rolling out Legend and other features over the next few weeks, including bonus percentages for transferring brokerage and retirement accounts.

• What features were demonstrated in the 24-hour market function of Robinhood Legend, and what was the design focus?

  The 24-hour market function showcased trading interfaces, multi-monitor setup, customizable 'aura' for market session tracking, and it emphasized inspiring traders and reducing screen fatigue through its design.

• What was included in the walkthrough of the Robin Hood Legend desktop platform?

  The walkthrough included setting up a layout with a watch list, chart, recent orders, and positions, placing a trade for Caterpillar stock, and discussing the importance of high-performance charting with technical indicators and trading directly from the chart.

• How did Robinhood address the frustration of independent traders caused by legacy financial companies?

  Robinhood introduced a new desktop platform, named Robin Hood Legend, designed to meet the needs of active traders by providing speed, stability, customization, and free analysis charts.

• What features were showcased in the app demonstration, and what expansions were hinted at?

  The app demonstration highlighted the ability to adjust entry/exit points, features for quick orders, profit-taking options, and the app's user-friendliness. Potential future expansions to include stocks, options, and crypto trading, a surprise feature, and competitive pricing for gold subscribers were announced.

• What diverse products were introduced through Futures trading on Robinhood?

  Robinhood introduced Futures trading, providing diverse products across stock indices, crypto, energy, metals, and currency. They also introduced the trading ladder tool for fast and efficient trading on mobile.

• What new features did Robinhood introduce, and what capabilities did they build?

  Robinhood introduced full tax lot management, joint investing accounts, 24-hour trading, index options, and futures trading. They also built capabilities for 24-hour trading and designed a new interface specifically for futures trading.

• What updates were highlighted at the Hood Summit event?

  The CEO acknowledged criticism of Robin Hood's trading limitations and highlighted efforts to improve the platform for active traders, including reducing margin rates and introducing new tools for options traders.

• 00:28 The CEO of Robin Hood addresses a crowd at the Hood Summit, acknowledges criticism of the platform, and highlights efforts to improve the trading experience, including reducing margin rates and introducing new tools for options traders.
• 19:25 Robinhood introduces new features including full tax lot management, joint investing accounts, 24-hour trading, index options, and futures trading. The company has built capabilities for 24-hour trading and designed a new interface specifically for futures trading. The presentation also includes a demonstration of the new trading interface.
• 25:03 Robinhood introduces Futures trading, providing diverse products across stock indices, crypto, energy, metals, and currency. The trading ladder tool offers a fast and efficient way to trade on mobile.
• 29:42 The presenter demonstrates trading on an app, highlighting the ability to adjust entry/exit points, features for quick orders, and profit-taking options. The app is lauded for its user-friendliness and potential future expansions to include stocks, options, and crypto trading. A surprise feature and competitive pricing are also announced.
• 34:47 In 1980, electronic trading revolutionized the financial industry, leading to the rise of independent traders. However, legacy financial companies later acquired the innovative platforms, frustrating independent traders. Robin Hood introduces a new desktop platform, aiming to meet the needs of active traders by providing speed, stability, customization, and free analysis charts.
• 40:51 A walkthrough of the Robin Hood Legend platform including setting up a layout, placing a trade for Caterpillar stock, and discussing the importance of high-performance charting with technical indicators and trading directly from the chart.
• 45:20 A demonstration of Robinhood Legend in a 24-hour market. Features include trading interfaces, multi-monitor setup, and customizable 'aura' for market session tracking. The design aims to inspire traders and reduce screen fatigue.
• 49:47 Robin Hood introduces new features, including Legends desktop platform for active traders and incentives for account transfers. They are committed to supporting active traders and are rolling out Legend and other features over the next few weeks.