CME Group and Robinhood Derivatives, LLC have launched CME Group’s popular futures products on the Robinhood mobile app, giving retail investors access to a range of futures contracts. Over the next few weeks, all eligible Robinhood customers in the U.S. will be able to trade futures products across five major asset classes, including the four leading U.S. equity indices: S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average. Additionally, Robinhood users will have access to bitcoin, ether, key metals such as gold, silver, and copper, as well as commodities like crude oil and natural gas.
CME Group Partners with Robinhood to Offer Futures Trading
Julie Winkler, Chief Commercial Officer at CME Group, expressed excitement over the collaboration, noting, “Demand for futures has skyrocketed as a new generation of self-directed traders is seeking diversified investment opportunities.” She emphasized the importance of expanding retail access to futures trading and how this collaboration will help educate and empower the next generation of investors.
Robinhood is introducing an innovative mobile trading experience for futures, with a new trading ladder designed to provide a seamless and efficient trading experience. “This reimagined experience, coupled with some of the lowest fees in the industry, makes trading futures at Robinhood an easy decision,” said JB Mackenzie, VP, and GM of Futures and International at Robinhood.
Both CME Group and Robinhood are committed to supporting users with educational resources. CME Group offers a range of materials through the CME Institute and Futures Fundamentals, providing free online courses, webinars, and tutorials to help users understand the futures market. Robinhood also supports traders with educational content, including articles on Robinhood Learn and a series of YouTube videos to guide customers through the fundamentals of futures trading.
This partnership marks a significant step in expanding access to futures trading, enabling a wider audience to tap into today’s most important financial markets.
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