Robinhood reported select monthly operating data for August. Funded customers at the end of August were 24.3M. Assets under custody at the end of August were $143.6B. Net deposits were $3.3B in August, translating to a 27% annualized growth rate relative to July AUC. Over the last twelve months, net deposits were $37.5B, translating to an annual growth rate of 42% relative to August 2023 AUC. Equity notional trading volumes were $96.2B. Options contracts traded were 146.9M. Crypto notional trading volumes were $5.4B. Margin balances at the end of August were $5.5B. Total cash sweep balances at the end of August were $22.8B. Total securities lending revenue in August was $18M.
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