other
confidence high
sentiment neutral
materiality 0.10
Robinhood releases Q4 2024 order routing reports per SEC Rule 606(a)
Robinhood Markets, Inc.
- Reports detail order routing percentages and payment for order flow (PFOF) for Robinhood Financial and Robinhood Securities.
- Citadel Securities, Virtu Americas, and Jane Street Capital received the largest shares of S&P 500 and non-S&P order flow.
- PFOF amounts per venue are disclosed; 80% of routing revenue from RHS is passed to RHF under a cost allocation agreement.
- Reports exclude certain order types (fractional shares, 24-hour market, recurring investment) and are unaudited.
- No consolidated financial results or guidance changes were included in the filing.