{"id":763007,"date":"2023-06-12T08:35:20","date_gmt":"2023-06-12T12:35:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/robinhood-markets-inc-reports-may-2023-operating-data\/"},"modified":"2023-06-12T08:35:20","modified_gmt":"2023-06-12T12:35:20","slug":"robinhood-markets-inc-reports-may-2023-operating-data","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/robinhood-markets-inc-reports-may-2023-operating-data\/","title":{"rendered":"Robinhood Markets, Inc. Reports May 2023 Operating Data"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MENLO PARK, Calif., June  12, 2023  (GLOBE NEWSWIRE) &#8212; Robinhood Markets, Inc. (\u201cRobinhood\u201d) (NASDAQ: HOOD) today reported selected monthly operating data for May 2023:<\/p>\n<ul type=\"disc\">\n<li>Net Cumulative Funded Accounts (NCFA) at the end of May were 23.1 million, up approximately 20 thousand from April 2023<sup>(1)<\/sup>. While customers placing trades increased in May from April 2023, Monthly Active Users (MAU) declined to 10.6 million in May, down approximately 900 thousand from April 2023.\n<\/li>\n<li>Assets Under Custody (AUC) at the end of May were $81.8 billion, up 6% from April 2023. Net Deposits were $1.6 billion in May, translating to a 25% annualized growth rate relative to April 2023 AUC. Over the last twelve months, Net Deposits were $16.5 billion, translating to an annual growth rate of 22% relative to May 2022 AUC.\n<\/li>\n<li>Trading Volumes in May were higher for equities and options and lower for crypto compared to April 2023. Equity Notional Trading Volumes were $49.4 billion (up 27%). Options Contracts Traded were 97.5 million (up 29%). Crypto Notional Trading Volumes were $2.1 billion (down 43%).\n<\/li>\n<li>Margin Balances at the end of May were $3.1 billion, in line with April 2023.\n<\/li>\n<li>Cash Sweep Balances at the end of May were $11.2 billion, up $1.6 billion (16%) from the end of April 2023.\n<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:40%;width:40%;min-width:40%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">May 2023<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">April 2023<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>Change M\/M<\/em>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">May 2022<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>Change Y\/Y<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <em>(M &#8211; in millions, B &#8211; in billions)<\/em>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>User Growth (M)<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Net Cumulative Funded Accounts (NCFA)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">23.1<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">23.1<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>0%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">22.8<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>1%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>Engagement (M)<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Monthly Active Users (MAU)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">10.6<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">11.5<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-8%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">14.6<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-28%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>Assets Under Custody (AUC) ($B)<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Total AUC<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$81.8<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$77.4<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>6%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$73.9<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>11%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Net Deposits<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$1.6<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$1.4<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>N\/M<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$2.5<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>N\/M<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>Trading<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Trading Days (equities and options)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">22<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">19<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>16%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">21<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>5%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>Total Trading Volumes<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Equity ($B)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$49.4<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$38.9<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>27%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$58.2<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-15%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Options contracts (M)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">97.5<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">75.3<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>29%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">71.9<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>36%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Crypto ($B)<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$2.1<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$3.7<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-43%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$6.6<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-68%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>Daily Average Revenue Trades (DARTs) (M)<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Equity<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">1.5<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">1.4<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>4%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">1.6<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-7%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Option<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.6<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.5<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>10%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.6<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-1%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Crypto<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.2<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.2<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-22%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">0.4<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-53%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>Customer Margin and Cash Sweep Balances ($B)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Margin Book<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$3.1<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$3.1<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-2%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$4.2<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-27%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">Cash Sweep<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$11.2<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$9.6<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>16%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$2.3<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>395%<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Gold Cash Sweep<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$10.4<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$8.8<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>18%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$0.0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>NA<\/em>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">Non-Gold Cash Sweep<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$0.8<\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$0.8<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>1%<\/em>\n          <\/td>\n<td style=\"padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">$2.3<\/td>\n<td style=\"padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <em>-63%<\/em>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        <br \/>(1) Net Cumulative Funded Accounts (NCFAs) only includes unique users and does not reflect existing customers opening multiple accounts.<\/p>\n<p>For definitions and additional information regarding these metrics, please refer to Robinhood\u2019s full monthly metrics update, which is available on investors.robinhood.com.<\/p>\n<p>The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Robinhood\u2019s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Robinhood\u2019s quarterly and annual filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), might vary from the information in this release.<\/p>\n<p>\n        <strong>About Robinhood<\/strong>\n      <\/p>\n<p>Robinhood Markets is on a mission to democratize finance for all. With Robinhood, people can invest with no account minimums through Robinhood Financial LLC, buy and sell crypto through Robinhood Crypto, LLC, spend, save, and earn rewards through Robinhood Money, LLC, and learn about investing through easy-to understand educational content.<\/p>\n<p>Robinhood uses the \u201cOverview\u201d tab of its Investor Relations website (accessible at investors.robinhood.com\/overview) and its blog, <em>Under the Hood <\/em>(accessible at blog.robinhood.com), as means of disclosing information to the public for purposes of the SEC\u2019s Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood\u2019s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.<\/p>\n<p>&#8220;Robinhood&#8221; and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc.<\/p>\n<p>\n        <strong>Contacts<\/strong>\n      <\/p>\n<p>\n        <strong>Investor Relations<\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Daiir6SwvoSWS93BhhWfereKbqPasybnSF14nYevtnCHSS6cDmjCRjZq8tPbTqBg9HQI9OKM979yi--eAYDizg==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <u>ir@robinhood.com<\/u><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <strong>Media<\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4CXpLBi_59Tz-n-9BEt7OOph_2UgvfK8JgDYjVricNRxx2XBbqGOflBiZqBzvJhRibbmwXaYwGrark-6Damx_Sl_cn8CQABx-kH5Y_xUnFg=\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <u>press@robinhood.com<\/u><br \/>\n        <\/a>\n      <\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NTc4NCM1NjQwNTgzIzIyMDYyNDA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MDlmMjMyMTQtZTkxZi00ZGUzLWFhNTgtOWEzMTI0MTQ0Mzg3LTEyMTc3OTM=\/tiny\/Robinhood-Markets-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MENLO PARK, Calif., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Robinhood Markets, Inc. (\u201cRobinhood\u201d) (NASDAQ: HOOD) today reported selected monthly operating data for May 2023: Net Cumulative Funded Accounts (NCFA) at the end of May were 23.1 million, up approximately 20 thousand from April 2023(1). While customers placing trades increased in May from April 2023, Monthly Active Users (MAU) declined to 10.6 million in May, down approximately 900 thousand from April 2023. Assets Under Custody (AUC) at the end of May were $81.8 billion, up 6% from April 2023. Net Deposits were $1.6 billion in May, translating to a 25% annualized growth rate relative to April 2023 AUC. Over the last twelve months, Net Deposits were $16.5 billion, translating to an &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/robinhood-markets-inc-reports-may-2023-operating-data\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Robinhood Markets, Inc. Reports May 2023 Operating Data&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-763007","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Robinhood Markets, Inc. Reports May 2023 Operating Data - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/robinhood-markets-inc-reports-may-2023-operating-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robinhood Markets, Inc. Reports May 2023 Operating Data - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MENLO PARK, Calif., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Robinhood Markets, Inc. (\u201cRobinhood\u201d) (NASDAQ: HOOD) today reported selected monthly operating data for May 2023: Net Cumulative Funded Accounts (NCFA) at the end of May were 23.1 million, up approximately 20 thousand from April 2023(1). While customers placing trades increased in May from April 2023, Monthly Active Users (MAU) declined to 10.6 million in May, down approximately 900 thousand from April 2023. Assets Under Custody (AUC) at the end of May were $81.8 billion, up 6% from April 2023. Net Deposits were $1.6 billion in May, translating to a 25% annualized growth rate relative to April 2023 AUC. Over the last twelve months, Net Deposits were $16.5 billion, translating to an &hellip; Continue reading &quot;Robinhood Markets, Inc. 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Assets Under Custody (AUC) at the end of May were $81.8 billion, up 6% from April 2023. Net Deposits were $1.6 billion in May, translating to a 25% annualized growth rate relative to April 2023 AUC. Over the last twelve months, Net Deposits were $16.5 billion, translating to an &hellip; Continue reading \"Robinhood Markets, Inc. 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