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Robinhood Now Lets Your AI Agents Trade Stocks - Slashdot

Slashdot·BeauHD·4 days ago
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Robinhood is launching beta support for a new feature that will let AI agents make payments and trade stocks on users' behalf . The company is also rolling out a virtual credit card for AI agents, with spending limits and approval controls. TechCrunch reports: Robinhood said users on its platform can now create a separate account for their AI agents and connect them to a dedicated wallet. While these agents would be able to read and analyze users' portfolios to come up with trading strategies and suggest investments, they'll only be able to access the pre-loaded balance in the dedicated wallet to place orders. Users will get notifications of all trades their AI agent makes and will be able to monitor their activities within the Robinhood app. For some trades, agents will show a preview that users may have to approve before the order is executed. The company said it has also built in fraud detection protection, in which a team from Robinhood would review suspicious trades and help users resolve disputes.…

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