Robinhood is considering a proposal to make its customer trading activity data public once more, after it turned off access to its API in August, according to Bloomberg.
“We’re looking into it,” Robinhood co-founder Vladimir Tenev reportedly told Bloomberg reporters in an interview published Wednesday.
He continued that, if the data was made public again, it would likely exist as an in-app offering and that Robinhood would not sell the data, but rather provide it for research and educational purposes.
In August, Robinhood — the commission-free investing website that became popular with retail investors this year — announced it would no longer provide data to third-party platforms about the stocks that were popular with its clients, claiming the data showed an incomplete picture of its client base and could be misconstrued.
Investors that were using popular independent datasets based on Robinhood’s data, like Robintrack, were suddenly left in the dark and scrambled to find alternate data sources to track retail investing activity. Since August, funds have investigated several methods to replicate this activity, including tracking stock chatter on sites like Twitter and Reddit, clickstream data and aggregated retail flow data.
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