{"id":75245,"date":"2020-08-14T01:38:25","date_gmt":"2020-08-14T05:38:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75245"},"modified":"2020-08-14T01:38:25","modified_gmt":"2020-08-14T05:38:25","slug":"heres-how-robinhood-is-raking-in-record-cash-on-customer-trades-despite-making-it-free","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2020\/heres-how-robinhood-is-raking-in-record-cash-on-customer-trades-despite-making-it-free.html","title":{"rendered":"Here\u2019s how Robinhood is raking in record cash on customer trades \u2014 despite making it free"},"content":{"rendered":"\n<p>(CNBC) Robinhood is raking in more money than ever on customer trades as new investors flood the stock market during the pandemic.\u00a0Despite not charging customers to trade, the Silicon Valley start-up made $180 million off trades in the second quarter\u00a0\u2014 roughly double from the prior year, according to a recent Securities and Exchange Commission regulatory filing. The majority of that total came from options trading.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/08\/13\/how-robinhood-makes-money-on-customer-trades-despite-making-it-free.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Robinhood is raking in more money than ever on customer trades as new investors flood the stock market during the pandemic.\u00a0Despite not charging customers to trade, the Silicon Valley start-up made $180 million off trades in the second quarter\u00a0\u2014 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75245","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75245"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75245\/revisions"}],"predecessor-version":[{"id":75246,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75245\/revisions\/75246"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}