Robinhood to Launch US Stock Options Trading Service to UK Clients

Robinhood, a US fintech company, is launching its US stock options trading service to UK customers and plans to expand further to tax-free accounts (ISAs) in the UK in the coming period. Jordan Sinclair, president of Robinhood UK, said customers have been clamouring for options trading since the company launched its service in the UK last year. He pointed out that options contracts that customers can trade include NVIDIA, Tesla stock options and S & P 500 index options. These transactions are strictly regulated to ensure fairness and transparency in the market.