secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001783879-24-000222
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood publishes Q2 2024 Rule 606 reports; top PFOF payments to Citadel, Virtu, Jane Street
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- For S&P 500 stocks April 2024, Virtu received 60.86% of non-directed orders and paid $216,283 PFOF; Citadel $186,364.
- For non-S&P 500 stocks April 2024, top PFOF: Citadel $964,592, Jane Street $843,485, Virtu $519,027.
- Robinhood Securities passes 80% of PFOF revenue to Robinhood Financial under revenue-sharing agreement.
- Report covers monthly data for April, May, June 2024 for both stocks and options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000222/0001783879-24-000222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000222/hood-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001783879-24-000222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer