The hype over the cell phone stock trading platform Robinhood, which does not charge trading commissions, continues, as the company is launching immediate access to trade customer funds. Robinhood – Trade immediately after transferring cash, with just one catch Typically when an investor sends a funds transfer to a brokerage account, it can take from three to five days for the asset transfer to clear before trading can commence. Robinhood is eliminating this wait time through a new app called “Robinhood Instant,” which makes funding up to $1,000 immediately available for stock trading. “You can go from downloading the app…
With No Commissions, Stock Trading Platform Robinhood Now Offers Immediate Access To Trade Off Cash
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.