ChainCatcher news, according to Globenewswire, Robinhood Markets released its operating data for November 2024.
As of the end of November, the total number of funded customers on the trading platform was 24.8 million (an increase of approximately 420,000 from October 2024 and an increase of approximately 1.5 million compared to the same period last year); assets under management were $195 billion (up 22% month-over-month, up 106% year-over-year). The nominal trading volume of stocks reached $147.1 billion (up 16% month-over-month, up 178% year-over-year). The trading volume of options contracts reached 155.5 million (down 2% month-over-month, up 63% year-over-year). The nominal trading volume of cryptocurrencies reached $35.2 billion (up over 500% month-over-month, up over 700% year-over-year). As of the end of November, the company's financing balance was $6.8 billion, the total cash collection balance was $26.5 billion, and the total revenue from securities lending was $23 million.