On the 30th, U.S. fintech giant Robinhood announced the launch of perpetual futures trading for its American customers. These futures have no expiration date, can be traded 24/7, and offer leverage up to 10x.
With this addition, Robinhood becomes the first major brokerage to offer six asset classes—stocks, options, cryptocurrencies, futures, prediction markets, and perpetual futures—on a single platform.
Perpetual futures are managed by Robinhood Derivatives, a subsidiary, under the U.S. Commodity Futures...