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Robinhood reports October total platform assets $343B

Robinhood (HOOD) reported select monthly operating data for October. Funded customers at the end of October were 27.1M. Total platform assets at the end of October were $343B. Net deposits were $5.6B in October, or a 20% annualized growth rate relative to September total platform assets. Over the last twelve months, net deposits were $68.7B, or an annual growth rate of 43% relative to October 2024 total platform assets. Equity notional trading volumes were $320.1B. Options contracts traded were 266.7M. Crypto notional trading volumes were $32.5B, including Robinhood App notional trading volumes of $13.9B and Bitstamp notional trading volumes of $18.6B. Margin balances at the end of October were $16.5B. Total cash sweep balances at the end of October were $34.2B, including the impact of record customer net buying. Total securities lending revenue in October was $60M.

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