
Robinhood Markets Inc. ($HOOD) has reported significant growth in its October metrics. The company saw a notable increase in net deposits, which doubled during the month. Crypto trading volumes surged by 51% month-over-month, while stock and options trading volumes also saw substantial increases. The number of funded accounts reached 24.4 million, and assets under custody (AUC) soared to $159.7 billion. Additionally, the equity notional volumes amounted to $126.4 billion, crypto notional volumes were $5.6 billion, and options notional volumes stood at $158 million. The margin book was reported at $6.2 billion, and cash sweep balances totaled $25.5 billion. CEO Vlad Tenev highlighted that October marked the best month for equities and options trading volumes in over three years.
🔥$HOOD October metrics are out Net deposits doubled. Crypto volume up bigly Stock volume up bigly Options volume up. Can’t imagine what the November metrics will be 🔥 It’s risk on season ✈️ https://t.co/UZC5zbi21z
$HOOD Robinhood reports October Assets under custody $159.7B
ROBINHOOD $HOOD JUST RELEASED ITS OCTOBER DATA - Funded Accounts: 24.4M - Assets Under Custody: $159.7B - Net Deposits: $5.2B - Cash Sweep: $25.5B - Equity Notional Volumes: $126.4B - Crypto Notional Volumes: $5.6B - Options Notional Volumes: $158M - Margin Book: $6.2B https://t.co/JSwEYvyfwz



