Robinhood opens U.S. IPO subscriptions to UK retail investors with no commission

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Robinhood has opened U.S. IPO subscriptions to UK customers with no commission, allowing customers to submit applications at the official offering price before trading begins. Applications are made through a general investment account, and users can view the prospectus and U.S. regulatory filings for each asset in the app; the announcement does not cover new London listings. In June, UK investors subscribed to about $364 million of the SpaceX Nasdaq IPO through the same regulatory route.