Robinhood lets AI agents trade shares and make credit card purchases for customers
Quick Take
Robinhood has introduced a feature allowing customers to connect AI agents like Anthropic's Claude to investment accounts, enabling autonomous stock trading and credit card purchases. However, the US brokerage regulator FINRA has flagged this as a new risk area, cautioning about potential unchecked decisions made by these AI agents. Robinhood acknowledges that this product may not suit all customers.
Key Points
- Customers can now use AI agents for trading stocks and making purchases.
- Anthropic's Claude is one of the AI agents supported by Robinhood.
- FINRA warns about the risks of unchecked AI trading decisions.
- Robinhood admits the new feature may not be suitable for all users.
- The integration is done via a separate investment account using MCP.
Article Excerpt
From source RSS / original summaryRobinhood now lets customers connect AI agents like Anthropic's Claude to a separate investment account via MCP. The agents can trade stocks on their own. US brokerage regulator FINRA already flags such agents as a new risk area, warning about unchecked decisions. Robinhood itself admits the product isn't for everyone. The article Robinhood lets AI agents trade shares and make credit card purchases for customers appeared first on The Decoder.
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