CME Group Partners with Robinhood to Provide US Retail Traders Access to Crypto and Futures Contracts
CME Group has joined forces with Robinhood Derivatives, LLC to offer Bitcoin, Ether, and other futures contracts to US retail traders. The rollout has already begun and will continue in the coming weeks, expanding access to a range of asset classes.
Key Highlights:
- Retail traders on Robinhood can now trade Bitcoin and Ether futures, along with futures for major equity indices, foreign exchange, metals, and commodities.
- Julie Winkler, CME Group’s Chief Commercial Officer, emphasized the growing demand for futures trading among self-directed investors.
- Robinhood has introduced a mobile trading ladder, designed for efficiency and ease of use, alongside some of the lowest fees in the industry.
JB Mackenzie, VP and GM of Futures and International at Robinhood, highlighted that this new futures trading experience offers a seamless and cost-effective way for traders to diversify their investments.
With this collaboration, CME Group and Robinhood aim to broaden futures trading accessibility while catering to the increasing interest in cryptocurrency and diversified investment strategies.
