Business > CASE STUDY > Robinhood Uriostegui English II .docx EH 1020 Robinhood Has Changed the Stock M (All)
Robinhood Uriostegui English II .docx EH 1020 Robinhood Has Changed the Stock Market Columbia Southern University EH 1020/ ENGLISH II Robinhood Has Changed the Stock Market When Robinhoo... d launched its trading platform in 2015, its purpose was to democratize finance for all. For decades, investing in the stock market was exclusively for the wealthy. Before Robinhood, people that wanted to purchase stocks would be charged between $5 to $10 per transition. Brokerages would also require a minimum of $500 to open an account (Curry, 2021). Vlad Tenev, and Baiju Bhatt, the CEOs of Robinhood, believe the financial system should be built to work for everyone, which is why they designed a trading platform that lets people invest at their own pace and on their own terms (Robinhood, n.d.). Robinhood is one of the first brokerage companies that designed a trading platform with key features that have attracted many new investors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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