Robinhood hosted more than 4.3 million daily average trades in June — handily beating its biggest brokerage rivals

Robinhood

• Robinhood trounced legacy brokerages in June, according to one popular gauge of trading activity, as retail investors flooded the market.
• The brokerage posted 4.31 million daily average revenue trades (DARTs) in June, a spokeswoman told Business Insider, as traders capitalized on pandemic-fueled volatility.
• TD Ameritrade's June DARTs reached 3.84 million, Interactive Brokers posted 1.86 million DARTs, Charles Schwab's June sum hit 1.8 million, and E-Trade's DARTs totaled 1.1 million.
• Robinhood's second-quarter DARTs were more than double the sum seen in the first quarter, the spokeswoman added.
• Visit the Business Insider homepage for more stories.

Robinhood easily overtook its rivals in trading activity during June as a surge in retail investing drove millions to its platform.

The company released daily average revenue trades, or DARTs, data for the first time. The first set of figures shows just how much of a boost Robinhood has gotten from pandemic-fueled volatility and heightened public interest in investing — especially relative to peers.See the rest of the story at Business Insider

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