Prop firm news

Robinhood launched perpetual crypto futures in the US: up to 10x leverage and 8 assets

Robinhood has begun rolling out perpetual crypto futures trading for clients in the US. At launch, 8 assets are available, leverage up to 10x, settlement every 15 minutes, and a 0.01% fee per trade until the end of the year.

Market bets on a Fed rate hike on October 28: probability above 70%

According to CME FedWatch, market participants estimate the probability of a Fed rate hike at the October 28 meeting at above 70%. The case is historically exceptional: in October before US elections, the Fed has never once raised rates.