Hood Robinhood Markets Funded Customers At End Of May Were 24.1M Up ~120K From April 2024, Up 960K YoY

Funded Customers at the end of May were 24.1 million (up approximately 120 thousand from April 2024, up 960 thousand year-over-year). Assets Under Custody (AUC) at the end of May were $135.0 billion (up 9% from
  • Funded Customers at the end of May were 24.1 million (up approximately 120 thousand from April 2024, up 960 thousand year-over-year).

     

  • Assets Under Custody (AUC) at the end of May were $135.0 billion (up 9% from April 2024, up 65% year-over-year). Net Deposits were $3.6 billion in May, translating to a 35% annualized growth rate relative to April 2024 AUC. Over the last twelve months, Net Deposits were $29.4 billion, translating to an annual growth rate of 36% relative to May 2023 AUC.

     

  • Equity Notional Trading Volumes were $86.8 billion (up 23% from April 2024, up 76% year-over-year). Options Contracts Traded were 131.9 million (up 4% from April 2024, up 35% year-over-year). Crypto Notional Trading Volumes were $7.1 billion (down 30% from April 2024, up 238% year-over-year).

     

  • Margin balances at the end of May were $4.5 billion (up 10% from the end of April 2024, up 45% year-over-year).

     

  • Total Cash Sweep balances at the end of May were $20.3 billion (up 6% from the end of April 2024, up 81% year-over-year).
    • Total Securities Lending Revenue in May was $23 million (up 10% from April 2024, up 53% year-over-year).
       
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