Exchanges

12/01/19 09:53 UTC-4

Robinhood, the American platform, will open an office in London

According to a Techcrunch report, the Robinhood platform (headquartered in the United States) plans to open an office in London, as reported by the CCN news agency.

FinTech statistics company has confirmed that Robinhood is opening a new office in London. A few months ago, the tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
platform started recruiting. Among open vacancies are employees of HR-department and customer support services, public relations specialists, marketing specialists.

Recall that the Robinhood platform was officially launched in 2013. Initially, shares and futures were sold and exchanged on the platform. In early 2018, Robinhood was included in pairs for the exchange of cryptocurrency. The first were Bitcoin and Ethereum. Today, the platform is estimated at 5.6 billion dollars.

 

Prospects of Robinhood Exchanger 

As reported by CCN, the platform is about to open vacancies to senior positions in orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details
to obtain the necessary licenses from the Financial Conduct Authority (FCA).

The expansion of the Robinhood platform makes it a direct competitor to the London Freetrade platform (deals with an initial payment of £ 1).

Revolut, London-based FINTECH startup, responded to the expansion of the online Robinhood stock-exchange. Representatives of the Revolut company officially offered their services to create a banking application for transactions on the Robinhood.

The Robinhood platform is going to open an office in London but does not forget about its American clients. Recall that last month the Robinhood platform opened savings accounts for US users, offering a free account. According to the information published in CCN, each American Robinhood client can receive about 3% for each deposit made to the account.

Editor: Alyona Nabok

See also: "Japanese regulators issue a license for the exchange of cryptocurrency to Coincheck"

#London #USA #stock-exchange #Robinhood

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