Report: Robinhood Using Crypto Trade Execution Services From Jump Trading

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Report: Robinhood Using Crypto Trade Execution Services From Jump TradingUnited States-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading LCC to execute crypto trades on behalf of its clients. Jump Trading — a small trading firm founded 20 years ago by Chicago futures pits veterans Bill DiSomma and Paul Gurinas — has ostensibly benefited from being an early mover on cryptocurrencies, Bloomberg’s sources have claimed. The firm is known to have made its foray into bitcoin (BTC) trading from at least as early as November 2017, Bloomberg reports.


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