Analytical Report 1 Each student should write up 5 page long(excluding the title page) analytical report about “Robinhood” company and explain how their innovation was different in their...

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TITLE
Contents
Introduction    3
Discussion    4
Conclusion    7
Work Cited    8
Introduction
A commission-free stock-trading platform called Robinhood was established in 2013. The business innovated by removing typical trading costs to make stock trading available to a larger audience. Regardless of their degree of wealth or skill, this made it possible for more people to make stock market investments. User-friendly software and a seamless user experience were the company's main priorities as it expanded its services to include options trading, crypto cu
ency trading, and a cash management service. The business went public in 2021 and amassed a market valuation of $11.7 billion. This essay will look at how Robinhood has developed and become a big player in the stock trading business thanks to its innovation and emphasis on the client experience. A small number of powerful companies that impose steep trading costs and have difficult-to-understand user interfaces have historically dominated the stock trading sector. This makes it challenging for many people to begin, especially those who are new to investing. The goal of Robinhood, a commission-free stock-trading platform, is to democratize access to the financial markets by making it simple, inexpensive, and available to everyone. Robinhood was established in 2013. The business innovated by removing conventional trading costs, which had previously been a ba
ier to entrance for many ordinary investors, making stock trading accessible to a larger audience. Regardless of their degree of wealth or skill, this made it possible for more people to make stock market investments. By concentrating on creating user-friendly software and a seamless user experience, the firm was able to develop and establish itself as a key player in the stock trading sector. It also expanded its operations to include options trading, crypto cu
ency trading, and a cash management service.
Discussion
Vlad Tenev and Baiju Bhatt established the commission-free stock-trading platform Robinhood in 2013. The company's goal is to democratize financial market access by making it simple, accessible, and inexpensive for everyone. The business innovated by removing conventional trading costs, which had previously been a ba
ier to entrance for many ordinary investors, making stock trading accessible to a larger audience (Fedyk & Valeria). This made it possible for more people, regardless of their degree of wealth or knowledge, to make investments in the stock market. When Robinhood was originally established, a small number of powerful companies controlled the stock trading market. These companies imposed steep trading costs and used user interfaces that were difficult to understand. Many people found it challenging to begin investing as a result, especially those who were new to it. By developing a platform that was user-friendly and free of trading costs, Robinhood's founders recognized an opportunity to alter this. Early on, Robinhood concentrated on developing a user-friendly interface and a smooth user experience in order to draw in new clients. They also put a...