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Robinhood Markets Reportedly Launches Perpetual Futures Linked With Commodities

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Robinhood Markets (HOOD) launched perpetual futures with no expiry date tied to commodities like gold, silver, and crude oil, as well as exchange-traded funds, and currencies in Europe, multiple media outlets reported Wednesday.

European traders can now transact perpetual futures, which feature leverage of up to 10 times, according to the media outlets.

The company will also launch cryptocurrency offerings in the United Kingdom soon, according to Bloomberg.

Price: $108.33, Change: $+8.05, Percent Change: +8.03%

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