ROBINHOOD $HOOD (+0.7%)
OCTOBER 2024 METRICS ARE OUT:
Funded Customers: 24.4M, up 90K from Sept. 2024, and over 1M YoY.
Assets Under Custody (AUC): $159.7B, a 5% increase MoM, up 89% YoY. Net deposits hit $5.2B in October, reflecting a 41% annualized growth rate. Over the past year, net deposits were $43.2B, translating to a 51% annual growth rate.
Trading Volumes: ‣ Equities: $126.4B, up 48% MoM, 149% YoY. ‣ Options: 158M contracts, up 16% MoM, 64% YoY. ‣ Crypto: $5.6B, up 51% MoM, 143% YoY.
Margin Balances: $6.2B, up 13% MoM, 77% YoY.
Total Cash Sweep Balances: $25.5B, up 4% MoM, 83% YoY.
Securities Lending Revenue: $19M, up 6% MoM, 73% YoY.