Robinhood reports October Assets under custody $159.7B

Robinhood (HOOD) reported select monthly operating data for October. Funded customers at the end of October were 24.4M. Assets under custody at the end of October were $159.7B. Net deposits were $5.2B in October, translating to a 41% annualized growth rate relative to September 2024 AUC. Over the last twelve months, net deposits were $43.2B, translating to an annual growth rate of 51% relative to October 2023 AUC. Equity notional trading volumes were $126.4B. Options contracts traded were 158M. Crypto notional trading volumes were $5.6B. Margin balances at the end of October were $6.2 B. Total cash sweep balances at the end of October were $25.5B. Total securities lending revenue in October was $19M.