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Robinhood Markets is set to join the prestigious S&P 500 index on September 22, marking a significant milestone for the retail trading platform. The inclusion signals growing acceptance of retail-driven trading in mainstream finance. This move replaces MarketAxess Holdings and positions Robinhood alongside Applovin and EMCOR in the benchmark index.
- Robinhood replaces MarketAxess Holdings (MKTX) in the S&P 500 index effective September 22
- Market experts view the inclusion as validation for retail trading and meme stock culture
- The move positions Robinhood alongside Applovin and EMCOR as new S&P 500 constituents
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