Robinhood Unveils Plans for Crypto Perpetual Contracts and Weekend Trading
Roadmap expansion for Robinhood is on the cards as it plans to introduce crypto perpetual contracts, weekend trading for selected US stocks and ETFs, and AI-powered trading agents. The move is aimed at expanding services for active traders.
Eligible US users will be able to access Bitcoin (BTC) and Ether (ETH) perpetual contracts through Robinhood Derivatives and Bitstamp. The contracts will offer up to 10x leverage for BTC and ETH, while other supported assets will have a 3x limit initially.
Roadmap expansion is also seen in the introduction of weekend trading on Bruce ATS, covering a limited group of US stocks and exchange-traded funds. Additionally, Robinhood plans to extend options trading hours, increase intraday margin limits and introduce contracts tied to corporate earnings events.