Robinhood Launches Zero-Commission IPO Access in the UK, Letting Retail Investors Subscribe to US IPOs at the Offer Price
Nov 9, 19:04
November 9: Robinhood has announced the launch of its IPO Access service in the UK. British retail investors can apply to subscribe at the official offer price before eligible new US stocks begin trading, through a general investment account, and the service charges no commission. Robinhood said it is working with a UK public offering platform provider to offer the relevant access. The service was launched in the US in 2021 and has since participated in more than 50 IPO projects.