Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by rl3 on Wednesday April 26, 2017 @10:38AM
(#14203332)
Nice, now hopefully they can deliver on a public API, short selling, and a desktop app.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by szirka on Wednesday April 26, 2017 @10:58AM
(#14203515)
I would be pretty surprised if they introduced short selling. There's no question that a good chunk of Robinhood's user base are novice investors. Those that do not understand short selling may land themselves into a lot of a hot water. There may be measures RH could take to prevent novice users from dangerous short selling plays. I'd be curious to see how they introduce it.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by traviswingo on Wednesday April 26, 2017 @11:07AM
(#14203579)
I actually emailed support about this a while back and was told it's on the roadmap.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by GeneralMayhem on Wednesday April 26, 2017 @11:05AM
(#14203564)
They could introduce put options, at least.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by rl3 on Wednesday April 26, 2017 @11:09AM
(#14203595)
Just so they offer some form of betting against the market. I don't care how.
Creating beta-neutral systems with Robinhood would then be possible.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by pmalynin on Wednesday April 26, 2017 @01:55PM
(#14205334)
(Not trading advice, yada yada)
Well,
The way I approach betting against the market is inverse leveraged ETFs. If you want to bet against S&P 500, ProShares has a 2X inverse offering, and you can probably balance it with 3x leveraged gold JNUG / JDST as they track the market.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by rl3 on Thursday April 27, 2017 @04:13AM
(#14209984)
Nice, I never knew inverse ETFs existed. Thanks for this!
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by randomizor22 on Wednesday April 26, 2017 @06:50PM
(#14207737)
Not sure exactly what you're looking for in a Robinhood API, but I work for a company that provides a brokerage API (the sort of API that would power a Robinhood-type product). Might be relevant: https://www.thirdparty.com
We've got quite a few things on the roadmap that exceed Robinhood's offering.
Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by jameskegel on Wednesday April 26, 2017 @09:31PM
(#14208507)
In your theoretical opinion, what would set your company apart from any other offering the same?