Robinhood buys Marex FCM as futures entry takes shape
Retail broking giant follows WeBull into futures market
Robinhood Markets quietly acquired a US futures executing broker from Marex at the start of this year, the retail trading powerhouse has confirmed to Risk.net.
Marex had a spare futures commission merchant (FCM) entity to offload following its $220 million acquisition of ED&F Man Capital Markets in 2022, giving Robinhood the chance to buy a vital piece of derivatives market infrastructure off the shelf to aid its entry into futures trading.
US retail brokers are hoping that retail traders’
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