Robinhood Unveils AI Trading Agents, Perpetual Contracts, and Weekend Stock Trading
Rising to meet investor demand for more sophisticated trading tools, popular brokerage firm Robinhood has announced plans to introduce AI-powered trading agents, perpetual contracts, and weekend stock trading.
According to a report by CoinDesk, Robinhood unveiled the new features at its HOOD Summit in Houston, Texas. The platform's users will be able to create AI agents within their app using OpenAI or Anthropic models, which can analyze market trends, build custom watchlists, and execute trades on stocks, options, and cryptocurrencies.
The feature, called Robinhood Agents, also includes a function called Loops that allows users to set long-term trading instructions. Since opening its infrastructure to external AI agents earlier this year, over 150,000 agent accounts have been created.