Robinhood Says Early-Q4 Trading Volumes Tracked Within 5% of Q3 Peaks

Robinhood Markets’ equity, options and crypto trading volumes were tracking within 5% of their Q3 high-water marks early in Q4, CFO Shiv Verma said, offering an early read on activity after record equity and options quarters. Verma spoke during Robinhood’s Oct. 27 earnings call, which began at 5 p.m. ET (21:00 UTC). “They are all trending to similar levels and early in the quarter, call it within 5% of the high-water mark in Q3,” he said. Spreads were tighter early in the quarter, Verma added, and the full-quarter take rate remained uncertain. For the quarter ended Sept.

Source: TokenPost