A Quarter of Robinhood’s Trading Volume Often Comes After Hours

Robinhood Markets Inc. is seeing as much as 25% of total trading volume coming outside of traditional market hours as investors take advantage of extended days on the retail-brokerage platform.

Consumers have traded more than $10 billion in volume overnight since Robinhood launched its 24-hour, five-day-a-week trading capabilities last May — data the firm hasn’t previously announced. Robinhood defines “overnight” as between 8 p.m. and 7 a.m. in New York from Sunday through Friday, and a fourth of trading now takes place outside standard market hours on the platform’s busiest days, the company said.

The Robinhood logo on a smartphone in New York on May 8, 2023.

Photographer: Gabby Jones/Bloomberg

“For a lot of the ...