Robinhood Expands Beyond Crypto with US IPO Access for UK Investors
The service lets customers request shares at the offering price, and Robinhood said it has joined more than 50 IPOs since 2021.
10 Articles
10 Articles
Robinhood Opens US IPOs to UK Retail at Zero Commission
Robinhood launched IPO Access in the UK on Monday, giving its British customers a way to request shares in new US listings at the official offer price before public trading opens, without paying commission. The product opens a part of the market that Robinhood says high-net-worth individuals and large institutions have historically dominated in the UK. Robinhood framed the launch around a UK retail investor base it describes as mature and highly…
Robinhood extended its IPO Access service to the UK so that its retail customers can apply for U.S. OPV shares eligible at the bid price, before they begin trading. The function adds to the company’s expansion in the UK market, although the firm warns that new quotes may show considerable volatility.
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