Robinhood has launched its platform to enable developers to integrate its zero-commission stock trading application into other products. This means that its commission-free trading platform could now be combined with research platforms, social media sites and stock monitoring tools, including popular mirror trading and educational apps. The first integrations allow users to buy stocks being tracked on StockTwits, compare a portfolio with those on the Openfolio community and program trading algorithms via Quantopian. But with time we might see a proliferation of new apps that leverage the platform, from competition apps where users vie for the best one-day gains, to collaborations where a bunch of people can mirror their most financially savvy friends’ moves. In addition to integrating Robinhood’s platform, the company is also working closely with financial institutions in order to provide them access to data from their own proprietary systems.
Robinhood has launched its platform to enable developers to integrate its zero-commission stock trading application into other products. This means that its commission-free trading platform could now be combined with research platforms, social media sites and stock monitoring tools, including popular mirror trading and educational apps. The first integrations allow users to buy stocks being tracked on StockTwits, compare a portfolio with those on the Openfolio community and program trading algorithms via Quantopian. In addition to integrating Robinhood’s platform, the company is also working closely with financial institutions in order to provide them access to data from their own proprietary systems.