Robinhood launches weekend trading service, AI trading agent, and perpetual futures

New York Fed President Williams stated that the Fed does not need to act hastily after its September meeting and will wait for more economic data to determine policy. Williams expects that if the economy meets expectations, the target range for the federal funds rate may need to be raised before the end of the year to push inflation back to the 2% target. Williams expects the US inflation rate to be around 3.5% this year and return to the target level by 2028; This year, the US economy is growing by about 2.25%, and next year the unemployment rate will be about 4%. (Source: Jin Shi)

Robinhood launches cryptocurrency and stock perpetual contract trading capabilities. （Watcher.Guru）

Binance LIT/USDT's perpetual trading volume surged fivefold within 10 minutes, with a turnover of 54.98 million US dollars in the past 24 hours, an increase of 3.21% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

Robinhood will offer weekend trading services in some US stocks and ETFs, and launch Robinhood Agents where users can conduct market research and execute trades through OpenAI or Anthropic models. Robinhood will offer Bitcoin and Ethereum perpetual futures to eligible US clients, with a maximum leverage of 10 times.

The brokerage is expanding its trading hours and adding leveraged crypto products and automated trading tools to attract more active investors.